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Mango Markets Protocol Suffers $100 Million Exploit
12.10.2022
The Mango Markets protocol has experienced an exploit that allowed a person or group to get away with around $100m worth of various cryptoassets.
Per a Twitter thread from Mango Markets, the exploit was carried out by a person or group funding an account with the stablecoin USDC, and later taking...
SettleMint receives a series a funding of €16 million
12.10.2022
SettleMint has successfully acquired Series A funding of 16 million euros. This funding also includes the co-funding of OTB ventures and Molten Ventures together. It now becomes extremely imperative to know what the enterprise SettleMint entails and a little information related to its general...
Interoperable QR Payments Reach Record Number in Argentina
12.10.2022
Interoperable QR payments, a system that allows all digital wallets in Argentina to make payments in several stores, reached a record number in September. According to official numbers, 3.15 million payments were completed using this system, including cryptocurrency-based payments that exchanges...
US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
12.10.2022
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange Bittrex. The crypto exchange was accused of sanctions violations and failure...
Solana-Based Decentralized Finance Platform Mango Hit by Potential $100 Million Exploit
12.10.2022
The apparent exploit of Mango Markets stemmed from the ability of an attacker to manipulate the value of their posted collateral
Binance to Invest $500 Million in Elon Musk Twitter Buyout
11.10.2022
Changpeng 'CZ' Zhao, the outspoken CEO of major exchange Binance, has announced his company is planning to allocate more than $1 billion to acquisitions and investments in 2022. Binance’s top project in this field is providing $500 million in financing for Elon Musk’s planned takeover of the social...
Japanese Telecom Giant NTT Docomo Launches $412 Million Metaverse Unit
11.10.2022
NTT Docomo, the largest telecom carrier in Japan, has launched a new division that will be dedicated to directing its metaverse push. The unit, named Qonoq, is already operating and has a staff of 200 people, researching and developing software and hardware solutions directed to integrate extended...
BNB Chain Back Online Following $568 Million Exploit
10.10.2022
BNB Chain, the native blockchain behind the Binance crypto exchange, has come back online after being suspended due to an exploit that drained around $600 million in crypto assets.
On October 6, Binance announced the suspension of deposits and withdrawals from its BNB chain after it identified...
30-Day NFT Sales Are 88% Lower Than They Were 8 Months Ago, Google Searches Nosedived
9.10.2022
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January. Furthermore...
Sleuth Discovers Satoshi’s Long-Lost Bitcoin Version 0.1 Codebase, Raw Code Contains Bitcoin Inventor’s Never-Before-Seen Personal Notations
7.10.2022
On October 7, 2022, a bitcoin supporter named Jim Blasko explained that he discovered the oldest upload of Bitcoin’s version 0.1 codebase. The original code was thought to have been lost for more than a decade and with a “little browser hacking” Blasko was able to find the lost...
Binance BNB Chain Impacted By Potential $566 Million Exploit
7.10.2022
Major crypto exchange Binance has decided to temporarily freeze the activities of its blockchain, BNB Chain, after hackers exploited a bug to steal millions worth of crypto.
“Due to irregular activity we’re temporarily pausing BSC,” BNB Chain said in a tweet, before announcing that Binance Smart...
Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
7.10.2022
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with...
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Dumped 30,000 BTC in a Single Trade
7.10.2022
Eight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins. Moreover, the trader, now infamously known as the “Bear Whale,” sold the coins at $300 per unit, which...
GoldenTree Asset Management Reveals $5.3 Million Position in SushiSwap
6.10.2022
GoldenTree Asset Management has invested roughly $5.3 million in SUSHI, the governance token of the decentralized finance protocol SushiSwap.
The U.S.-based asset management firm with approximately $50 billion in assets under management (AUM) said in a post on the SushiSwap community forum that...
Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards
6.10.2022
On Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s Chaos Legion series of cards. The achievement follows the project’s recent partnership with...
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
6.10.2022
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been...
Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day
5.10.2022
Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower...
Horizon Raises Funding of $40 Million for Boosting Web3
5.10.2022
Horizon takes the opportunity to share their extreme pride and pleasure in making their formal announcement of having successfully bagged a funding amount of $40 million through Series A financing. This will, in turn, give them the means and necessary potential to make a more positive head start...
Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund
5.10.2022
Dalio's views on cryptocurrencies have evolved throughout his tenure at Bridgewater Associates