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Ethereum logs $1M MEV block reward amid Curve Finance exploit
31.7.2023
The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos
$20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan
31.7.2023
Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds that of the transmission network. Kyrgyzstan...
Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide
30.7.2023
This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once...
Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks
30.7.2023
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...
Report: French Privacy Regulator Probes Worldcoin’s Biometric Data Practices
29.7.2023
The French oversight agency, National Commission on Informatics and Liberty (CNIL), has raised doubts about the legality of Worldcoin’s biometric data collection methods. Besides questioning the legitimacy of its data acquisition processes, CNIL is also delving into how this biometric data...
Worldcoin’s Launch Propels Optimism to Record-Breaking Daily Transaction Volume
28.7.2023
With the recent launch of Worldcoin’s token, worldcoin (WLD), Optimism has experienced a surge in daily transactions, reaching an all-time high on July 27. Data reveals that 944,000 Optimism transactions were processed on Thursday, with WLD transfers closing in on 1 million. WLD Token Arrival...
Web3 Neobank 'hi' Secures $30 Million Investment from Animoca Brands to Strengthen NFT Utility
28.7.2023
The Lithuania-based Web3-focused neobank hi has secured a $30 million investment from the major metaverse investor Animoca Brands to strengthen the real-world utility of cryptocurrencies and non-fungible tokens (NFTs).
The investment is part of a newly formed “strategic partnership” between...
Sequoia Capital Cuts Crypto Fund by Over 65% to $200 Million – What's Going On?
28.7.2023
Venture capital giant Sequoia Capital has slashed the size of its cryptocurrency fund by over 65%, reducing it from $585 million to $200 million, Wall Street Journal reported citing sources familiar with the matter.
The venture capital giant has also made corresponding cuts to its ecosystem fund...
NEAR Protocol is Going to Zero as NEAR Price Plummets 10% Overnight While This New Meme Coin Just Raised $1.1 Million – 100x Potential?
28.7.2023
The hopes of NEAR holders are on the rocks as failed recovery rally seems destined for downside slide, this comes amid a last-ditch attempt to push-up out of consolidation - but is it doomed to fail?
After more than two-years of heartfelt holding and despair, which has seen NEAR bleed-out more...
NFTs Created by 99-Year-Old Artist Vera Molnár Sold for $1.2 Million
28.7.2023
Computer-generated non-fungible tokens (NFTs) created by innovative Hungarian artist Vera Molnár sold out for ETH 631.
Per the current prices, this is worth $1,178,520.
'Themes and Variations' collection was created by the 99-year-old Molnár in collaboration with artist Martin Grasser....
Terra Luna Classic Price Prediction as LUNC Falls Below $500 Million Market Capitalization – Here are Key Levels to Watch
28.7.2023
The Terra Luna Classic price has fallen by 0.5% in the past 24 hours, with its slip to $0.00008144 also representing a 6% loss in the last seven days.
This marks a bad week for LUNC, yet the altcoin has been facing a decline for several months now, with its price also down by 9% in the past...
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
27.7.2023
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in the third quarter. Stronghold Digital Mining...
North Korea's Lazarus Group Suspected in $37 Million Hack on CoinsPaid
27.7.2023
North Korean hackers at the infamous Lazarus Group are suspected to be behind a $37 million attack on crypto payment system CoinsPaid.
The attack, which happened on July 22, successfully drained funds from the company’s own reserves, while customer deposits were unaffected, CoinsPaid said in...
Web3 Utility Coin LPX Secures $1.2 Million for Trading Alpha – Can it Find the Next Pepe Coin?
27.7.2023
When it comes to crypto investments, the hope is obviously always that a coin's price will increase over time. This hope, particularly prevalent for meme coins, comes from an economic principle known as the "Castle in the Air Theory". The theory, introduced by economist John Maynard Keynes...
Is It Too Late to Buy Dogecoin? DOGE Price Shoots Up 10% and AI Crypto Signals Platform yPredict Raises $3.1 Million in Funding
27.7.2023
As the meme coin vertical springs into life, Dogecoin (DOGE) has shot up an impressive +19%, to test topside resistance as the leading coin attempts a recovery rally.
This comes in the aftermath of a similarly dramatic pump by Pepecoin (PEPE), which also saw an inticing +17% push up in the past...
Block.one ICO damages ‘far beyond’ $22M, ENF founder says
27.7.2023
Block.one owes much more to EOS investors than just $22 million after the $4 billion ICO, EOS Network Foundation CEO Yves La Rose believes
Animoca Brands Invests $30 Million in Crypto Payments Application Hi
27.7.2023
In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network
SEC Charges Quantstamp $28 million For Conducting an Unregistered Initial Coin Offering
27.7.2023
Quantstamp, a blockchain security firm, has been ordered by the U.S. Securities and Exchange Commission (SEC) to return $28 million raised in a 2017 unregistered initial coin offering (ICO).
On July 21st, the SEC accused Quantstamp of conducting an unregistered ICO, during which they sold their...
Decentralized Fiverr and Upwork Platform DeeLance Surges Past $1.6 Million in Funding – 5 Day Countdown Begins
26.7.2023
The countdown has begun for the promising presale in the web3 industry. DeeLance, a platform positioning itself as a future challenger to Fiverr and Upwork, is currently conducting its presale phase, which will conclude in five days.
Following the presale, $DLANCE tokens, the native currency...
CFTC Files Complaint Against Clarksville Couple for $6 Million Digital Assets Scheme
26.7.2023
The Commodity Futures Trading Commission (CFTC) has filed a complaint against a couple in Tennessee who convinced people to pay into an investment pool called “Blessings of God Thru Crypto.”
The couple, identified as Michael and Amanda Griffis of Clarksville, Tennessee, defrauded more than...