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Fourth Consecutive Week of Decline: NFT Sales Dip 6.75%
9.9.2023
Non-fungible token (NFT) sales took yet another dip this week, marking the fourth consecutive week of decline, albeit a slight one, with a decrease of 6.75%. From September 2, 2023, to September 9, the total sales for this week amounted to approximately $80.69 million, with a notable chunk...
FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group
9.9.2023
The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC),...
New Crypto AI Utility Coin yPredict Rockets Past $3.7 Million Fundraising Milestone – Next Big Thing?
9.9.2023
With a constant rise in high-quality digital content demand, companies are increasingly seeking effective tools to streamline the content creation process. One such effort is the development of WriteMingle, a new software application that incorporates artificial intelligence to assist in content...
FBI Identifies North Korean Lazarus Group as Culprit Behind $41 Million Stake Casino Hack
8.9.2023
North Korean hackers at the infamous Lazarus Group have by the FBI been identified as responsible for stealing $41 million worth of crypto from the online crypto casino Stake.
The attack, which took place around September 4, drained funds over the blockchain networks Ethereum, BNB Chain (formerly...
Major Crypto Theft: $24 Million Drained from Ethereum Wallet in Phishing Scam
8.9.2023
In a significant crypto heist, an unknown individual has reportedly lost access to a staggering $24 million worth of crypto from their Ethereum wallet.
The incident, believed to be the result of a phishing scam, stands as one of the largest individual crypto thefts to date, crypto news outlet...
Terra Luna Classic Price Prediction as Daily Trading Volume Falls to $12 Million – Is It All Over for LUNC?
8.9.2023
The Terra Luna Classic price has risen by a modest 0.5% in the past 24 hours, with its little jump to $0.00006095 coming as the wider cryptocurrency market recovers by 1% today.
Despite this slight improvement, LUNC remains down by 1% in a week and by 22% in the last 30 days, while the altcoin...
Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
8.9.2023
The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is working with central banks, some of whom...
North Korea's 'Lazarus' Hackers Stole $41 Million From Crypto Gambling Site, FBI Says
7.9.2023
The Lazarus Group has been targeting crypto companies for years now
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid
7.9.2023
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it received $31.7 million in power and demand response...
Bitcoin Miner Riot Platforms Smart Energy Strategy Yields $31 Million in Savings
7.9.2023
Prominent Bitcoin (BTC) mining firm Riot Platforms has reported significant cost savings and operational achievements due to an innovative energy strategy that saved the firm around $31 million in August alone.
In a press release from Wednesday, CEO Jason Les announced that Riot achieved a...
Bitcoin Witnesses Second-Highest Daily Ordinal Inscription Count as Inscriptions Near 30 Million
7.9.2023
While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin blockchain is nearing 30 million. On September 3, a record...
Binance to reimburse users $1M for Cyber Earn incident
7.9.2023
Users were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue
Crypto whale loses $24M in staked Ethereum to phishing attack
7.9.2023
A significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat
Chainlink Price Prediction as $200 Million Trading Volume Comes In – Are Whales Buying?
7.9.2023
The Chainlink price has risen by 1.5% in the past 24 hours, with its jump to $6.22 coming as the cryptocurrency market as a whole declines a little.
LINK is now up by 3% in the past week, with the altcoin bucking market trends by virtue of the recent news that payment network Swift has used...
Coinbase and Framework Ventures invest $5 million in Socket!
7.9.2023
The prominent digital currency trading platform Coinbase, which also has a division for venture capital, is collaborating with the reputable blockchain company Socket. The primary objective of this partnership is to enhance the cross-chain capabilities of Coinbase’s flagship products, Base...
Is It Too Late to Buy Kaspa? KAS Price Blasts Up 16% and LPX Token Surges Past $1.6 Million
7.9.2023
In a market defying display, new GHOSTDAG protocol Kaspa (KAS) has exploded +16% in a huge bounce from the lower trading channel, leaving traders asking is it too late to buy Kaspa?
Kaspa is a proof-of-work layer-1 blockchain that makes use of sophisticated 'GHOSTDAG' technology - which enables...
Marketing company wants 90% of Japanese population on Web3: KBW 2023
7.9.2023
Ava Labs head of product Nick Mussallem explained how Japanese company Loyalty Marketing is aiming to introduce Web3 to its 100 million users
Genesis Sues Parent Firm DCG Over $600 Million Loan Repayment
7.9.2023
Genesis Global Capital (GGC), a subsidiary of Digital Currency Group (DCG) based in New York, has initiated two lawsuits against DCG and its international arm, DCGI, aiming to secure the repayment of loans totaling $600 million.
Genesis, which declared bankruptcy in January this year following...
Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?
6.9.2023
This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of...
Riot Platforms says Texas energy strategy reduced production costs by $31M
6.9.2023
As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs