South Korean Crypto Exchange CEO to Serve 25 Years in Jail After Appeal Fails
2.12.2022
The CEO of a South Korean crypto exchange who was found guilty of murdering his lover by stabbing her and pushing her out of a 19th-storey apartment window has had his appeal rejected – and will serve 25 years in prison....
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Traders Explain 3 Ways of Surviving Crypto Bear Market – The Last One Might Shock You
2.12.2022
The cryptocurrency market is down by 0.5% in the past 24 hours, with its total cap dipping to $891 billion overnight. This level represents a 2.3% rise in the last seven days, yet the market remains down by 15% in a month, by 31% in the past six months, and by 62.6% in a year....
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DeFi Protocol Ankr Suffers Infinity Minting Exploit – Here’s What Happened
2.12.2022
Decentralized finance (DeFi) infrastructure provider Ankr has been exploited to the tune of over $5 million due to a bug that allowed for unlimited minting of its token.
In a tweet today, the team said that their aBNB token has been exploited. They also asked exchanges to halt trading and asked...
New Cardano algorithmic stablecoin evokes old fears for the community
2.12.2022
“I thought we already figured this out, algorithmic stablecoins, not the best option,” a community member wrote on Twitter
Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices
2.12.2022
Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy
Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline
2.12.2022
Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on the company's website
Trouble looms for Helium (HNT) and Huobi Token (HT); Invest in Snowfall Protocol (SNW) to reap the rewards of the next Blockchain era!
2.12.2022
The Helium (HNT) and Huobi Token (HT) debacle might have caught many people by surprise, but those who are paying attention to the blockchain space knew that this day was coming. These two projects were among the most overvalued in the entire industry, and their eventual downfall was inevitable....
Firefox dev Mozilla goes all-in on metaverse, acquires Active Replica
2.12.2022
The legacy web developer and internet browser Mozilla announced its acquisition of Active Replica as part of its Hubs creator ecosystem to enhance digital experiences
Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market
2.12.2022
Dogecoin has trounced bitcoin with a 40% surge in the past 10 days. In the past, outsized gains in DOGE have paved the way for a broader market sell-off
Cardano DeFi project Ardana halts development while Budblockz proceeds to advance adoption in the crypto market
2.12.2022
Ardana (DANA), a much-hyped decentralized finance project on Cardano (ADA), has halted development. In a tweet to the Ardana community, the project team cited funding and project timeline uncertainty as the reasons for ceasing operations. Ardana was barely a year into development when it raised...
Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects
2.12.2022
Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies...
Hong Kong working on investor protection regulations, says central bank exec
2.12.2022
Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion