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BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
2.12.2022
Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint...
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
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
P2P Financial Systems panel: Crypto core values and transparency are critical for DeFi
1.12.2022
Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion on DeFi's future among market dynamics, cyberattacks and regulatory uncertainty
Former FTX CEO Sam Bankman-Fried denies "improper use" of customer funds
1.12.2022
According to the former CEO, at the time of filing for bankruptcy “FTX US was solvent.”
Fantom wants to cut token burn rate by 75% to fund dApp rewards program
1.12.2022
"Fantom will become the youtube/twitch of blockchain platforms," commented ecosystem architect Andre Cronje
Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth
1.12.2022
The firm's revenue increased by 25.25% to $497.2 million in the first nine months of 2022
Italy to impose 26% capital gains tax on crypto profits
1.12.2022
The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3)
Solana-based market maker integrates Stripe for fiat-crypto transactions
1.12.2022
The Solana-based automated market maker Orca opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe’s onramp
Bitcoin Family Says They Are Moving $1M in Crypto to Decentralized Exchanges After FTX Collapse
1.12.2022
In October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled all around the world and recently moved to the island of Phuket. On Nov. 30, the 44-year-old Didi Taihuttu told...
Ethereum Price Prediction as ETH Shoots Up 6.5% in 7 Days – How High Can it Go?
1.12.2022
Read More: Ethereum Price Prediction as ETH Shoots Up 6.5% in 7 Days – How High Can it Go?
Italy Wants to Tax Crypto Gains at 26% From 2023
1.12.2022
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy...
Russia's Sber bank integrates Metamask into its blockchain platform
1.12.2022
Russia’s largest lender is moving into DeFi and Web3 by integrating its blockchain platform with the Ethereum blockchain
MATIC attack: How smart crypto traders “got out” before a 35% price drop
1.12.2022
Polygon (MATIC) and Green Satoshi Token (GST) provide the perfect examples of how quant analysis can help cryptocurrency investors shield themselves from volatile markets
Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France
1.12.2022
Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian billionaires who died this year under mysterious...
Binance hires audit firm that served Donald Trump to verify crypto reserves
1.12.2022
Mazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company
National Bank of Ukraine Unveils E-hryvnia Concept
1.12.2022
The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail payments and cross-border settlements. Ukraine’s...
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
1.12.2022
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba...
Axie Infinity is toxic for crypto gaming
1.12.2022
Axie Infinity, like most cryptocurrency games, has provided players with an awful experience
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December
30.11.2022
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while the top four stock indexes jumped between 2% to 5% higher...