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Huobi Eyes Bithumb Takeover Deal – Report


Chinese crypto exchange heavyweight Huobi could be set to snap up a controlling stake in Bithumb, South Korea’s biggest trading platform – in a deal that could create an Asian trading behemoth. Per a report from The Bell Korea, an unnamed investment banking source believed to be close to the deal...

Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners


Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...

Hackers Have Stolen $100 Million From Defi Projects This Year


Hackers have stolen $100 million from decentralized finance (Defi) projects so far this year, according to a new report. Defi accounted for 50% of all hacks and thefts in the second half of the year. Defi Hacks on the Rise A new report by cryptocurrency forensics and blockchain threat intelligence...

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