LooksRare NFT Marketplace Suffers DDoS Attack
12.1.2022
The exponential growth rate with which the category of non-fungible tokens (NFTs) is growing has amazed industry experts. Take a look at the statistics – more than $20 billion of NFTs were traded last year, with $14 billion alone done on the platform of OpenSea. Buoyed by the success...
Bitcoin shoots to $44,000 as US inflation hits 7% in December
12.1.2022
United States Consumer Price Index data shows that inflation hit 7% in December 2021, climbing 0.5% month over month. Bitcoin almost reached $44,000 upon the news
Owner of Russian bank Tinkoff acquires Swiss digital asset firm
12.1.2022
Russian banks have been increasingly moving into the digital asset market despite the Bank of Russia's hostility toward crypto
Klaytn and GMO Partner to Develop New-Age Blockchain Capabilities
12.1.2022
A key partnership has been struck between Klaytn Foundation and GMO Internet Group. This is important from the perspective of expanding the reach of blockchain to new areas and business domains. The Klaytn Foundation is a Singapore-based non-profit organization dedicated to boosting the Klaytn...
Hong Kong Monetary Authority aims to oversee stablecoin reserves
12.1.2022
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules
Thorus Aims to Become the First DEX on the Moonbeam Network
12.1.2022
Thorus, a leading name in the DeFi domain, is now extending its capabilities to become the first automated market maker (AMM) decentralized exchange on the Moonbeam. This development is expected to expand the number of innovative products. Thorus has partnered with Multichain to help the former...
Centralization Caused Most Decentralized Finance Hacks in 2021
12.1.2022
Centralization issues have emerged as the main attack vector in decentralized finance (DeFi), facilitating the largest share of the hacks -- with USD 1.3bn worth of user funds stolen in 44 DeFi attacks last year, according to a recent report by security-focused ranking platform CertiK.
CertiK’s...
Seba Bank raises $119M in Series C funding
12.1.2022
“This funding will allow us to further develop our digital asset banking platform and strengthen our presence in global markets by attracting new talent,” says Guido Buehler, CEO of Seba Bank
Cardano (ADA) Is a Buy on 2022 Network Growth Plans
12.1.2022
Cardano is a cryptocurrency that focuses on becoming a new standard of crypto design and PoS implementation. 2021 was an eventful year for Cardano because it achieved many milestones. Last year, it was recognized within the world of non-fungible tokens (NFTs) and added smart contracts functionality...
Wiki contributors want to drop crypto donations over environmental concerns
12.1.2022
The Wikimedia Foundation is facing pressure from users over its acceptance of cryptocurrency donations
Retail is pushing the Bitcoin price up, says Ledger CEO
12.1.2022
Cryptocurrency hardware wallet provider Ledger CEO reckons it’s more people trusting Bitcoin that is pushing the price up; Glassnode confirms his suspicion
Bitcoin funding rates stay negative as BTC price spikes to $43.5K
12.1.2022
The upcoming U.S. inflation report provides some familiar volatility as BTC price action hits six-day highs