Search
Ex-Amazon Engineer Guilty of Historic $12.3M Crypto Heist
18.12.2023
Source: AdobeStock / Sergey Nivens A former Amazon engineer has pleaded guilty to hacking two cryptocurrency exchanges, resulting in the first-ever conviction involving the hacking of a smart contract. Shakeeb Ahmed, a former security engineer at Amazon, is now facing the possibility of up to five...
3 Out of Every 4 Web3 Games Have Met Their Demise: CoinGecko Report
4.12.2023
Source: Adobe Stock / enchanted_fairy Three out of every four Web3 games launched in the past five years have met their demise, presenting a bleak outlook for GameFi industry. In a recent report, CoinGecko analyzed the launch and success rates of 2,817 games between 2018 and 2023. Shockingly...
Over 75% of Web3 games ‘failed’ in last five years: CoinGecko
30.11.2023
The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak
Spot Bitcoin ETF Could Attract $3B on First Day and Up To $55B Over Five Years: Analysts
31.10.2023
Investors have been eagerly anticipating regulatory approval for a spot Bitcoin ETF, which is expected to trigger a fresh wave of institutional demand in the leading cryptocurrency. While estimating the potential cash inflow for such a fund remains a subject of debate among market players...
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers
12.10.2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align...
Bernstein: Crypto Funds Poised for 13x Growth: From $50B to $650B in 5 Years
27.9.2023
Bitcoin and crypto asset funds currently represent a niche market with an estimated worth of $50 billion, as highlighted by Bernstein Research. Yet, under the leadership of Gautam Chhugani, Bernstein’s team of analysts anticipates these funds may oversee between “$500-650 billion...
Crypto Asset Management Industry Could Reach $650B in Five Years, Up From $50B Today: Report
26.9.2023
The crypto asset management industry is set to experience exponential growth in the coming years, according to analysts at Bernstein Research.
The analysts, led by Gautam Chhugani, predicted that crypto funds could reach a staggering $500 billion to $650 billion within the next five years,...
What I Learned Managing a Crypto Fund for Five Years
18.9.2023
Jeff Dorman, chief investment officer at Arca, says crypto funds still need to find a balance between adopting professional Wall Street practices and taking advantage of crypto’s unique opportunities
Brit Gets Prison Time for Twitter Hack Impersonating Biden, Buffett in Bitcoin Scheme
26.6.2023
A U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack including the hijacking of accounts of U.S. political and business figures. The man is also responsible for the theft of large amounts of cryptocurrency in a SIM swap attack. Hacker Goes...
$794K SIM swap hacker PlugwalkJoe sentenced to five years in prison
25.6.2023
The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an exec, but ultimately he didn’t cover his tracks well
Coinbase Will Be 'Best Investment' Over Next 5 Years: Boost VC's Adam Draper
28.4.2023
Adam Draper, an early investor in the crypto exchange, made the comment on stage at CoinDesk's Consensus conference
After Five Years, Gloomhaven Loses Top Spot On BoardGameGeek's Charts
22.2.2023
While they are not a hard science, and should be viewed with as much scepticism as (video) gamers would look at a site like Metacritic, it cannot be denied that the user ratings on BoardGameGeek play a huge part in helping people choose which board games to buy, play and/or argue about.Read more
Onecoin Cryptoqueen’s Ex-boyfriend Gets 5 Years in Prison
18.2.2023
A former boyfriend of Ruja Ignatova, the mastermind of the Ponzi scheme Onecoin, has received five years in prison. The sentence is for the laundering of hundreds of millions of dollars’ worth of proceeds from the notorious crypto scam which defrauded investors around the world. Ruja’s Former...
JPMorgan: 72% of Institutional Traders Surveyed ‘Have No Plans to Trade Crypto’
6.2.2023
A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023....
Swarm, Ethereum’s Storage Network, Announces Mainnet Storage Incentives and Web3PC Inception
21.12.2022
PRESS RELEASE. Swarm, the decentralised storage and communication system built on Ethereum, is announcing the mainnet release of its storage incentives programme, a mechanism to reward storage providers, which now incorporates staking. Swarm has been in development for the past five years, having...
CoinEx: To Embrace a New Crypto Future by Making Crypto Trading Easier in the Next Five Years
18.12.2022
PRESS RELEASE. In December 2022, CoinEx will celebrate its fifth birthday. Since its inception, the crypto exchange has gone through bulls and bears and attracted over four million users across more than 200 countries and regions worldwide. For both CoinEx and the crypto space, the past five years...
6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity
17.11.2022
On Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins sat idle for more than five years. While bitcoin’s value is 75% lower than it was a year ago, so-called sleeping bitcoins have been waking up amid the recent crypto...
Israel’s Stock Exchange Unveils Plan to Create Digital Asset Platform and Venture Into Crypto
25.10.2022
The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it is entering the crypto space and creating a platform for digital assets. “The next five years are a critical window of opportunity for TASE to play an active role in the technological revolution...
Elon Musk Hints Everything App ‘X’ Is Coming — Says Buying Twitter Accelerates Creation of X
6.10.2022
Tesla and Spacex CEO Elon Musk has hinted that “X, the everything app,” is coming. He explained that his purchase of the social media platform Twitter is an accelerant to the creation of X, which could knock three to five years off the project. Elon Musk’s X —...
Head Trader of $100M Global Crypto Ponzi Scheme Pleads Guilty in US
13.9.2022
The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five years in prison, according to the U.S. Department of Justice (DOJ). “The defendants allegedly misappropriated large sums of investors’ money to lease a Lamborghini, shop...