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Today in Crypto: Police Looking for the Killer of MobileCoin Exec Bob Lee, MicroStrategy Acquires Additional 1,045 BTC, Fashion Giant Ralph Lauren Enables Crypto Payments in Miami Store
5.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Police Looking for the Killer of MobileCoin Exec Bob Lee, MicroStrategy Acquires Additional 1,045...
‘Totally Irresponsible’ — Bitcoin Proponents Express Discontent Over Twitter’s Doge Logo Change
4.4.2023
After the Twitter logo was changed from the original blue bird to a cartoon image of the famous Shiba Inu Doge, the cryptocurrency dogecoin rose significantly in value and is now up 27% more than 12 hours later. However, a number of bitcoin proponents expressed distaste for the logo change, and...
Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses
4.4.2023
On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto tokens, such as 7,460 wrapped...
Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March
31.3.2023
In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth...
What Hindenburg Research’s Takedown of Block Says About Money and Crime
31.3.2023
Expecting centralized money services to halt crime only helps politicize money and disempower users
Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF
31.3.2023
The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried
Crypto donations to surpass $10B in a decade: The Giving Block
30.3.2023
The Giving Block reported that in the last year, USDC took 44% of the crypto donation volume, ETH took 24%, and BTC got 17% within its charity platform
Bitcoin Halving Approaches: Less Than 400 Days Until Block Reward Subsidy Is Cut in Half
29.3.2023
According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25 bitcoins will drop to 3.125 bitcoins per block...
Bitcoin is Set to Disrupt Africa's $85 Billion Financial System – Here's What You Need to Know
27.3.2023
Bitcoin (BTC) is on its way to become the currency of choice for moving money between African countries, a new CNBC report has revealed.
The wide-ranging report, authored by CNBC’s crypto reporter MacKenzie Sigalos, came three months after the conclusion of the inaugural Africa Bitcoin Conference...
Uh-Oh, The Super Mario Bros. x Lush Bath Bombs Look Like Pee
27.3.2023
Last week, the cosmetics retailer Lush unveiled their collab lineup of Super Mario Bros. bath items. Finally, gamers will have a reason to take a bath. A bath bomb is a compact ball of essential oils and other ingredients that are used for skincare. Lush’s founder invented them nearly thirty years...
How to Block a Range of IP Addresses
27.3.2023
As much as content creators want traffic to their website, there is such thing as the wrong type of traffic. Sometimes it’s content scrapers, sometimes it’s malicious bots; either way, it’s important to know how to block problematic IPs from your site. To block a range of...
ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day
27.3.2023
Cathy Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took a hit following a short-seller's report
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate
25.3.2023
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s). Bitcoin...
Short Seller Hindenburg Research Targets Billionaire Jack Dorsey's Payments Group, Block – What's Going On?
24.3.2023
Shares of Twitter founder Jack Dorsey’s fintech firm Block fell 15% on Thursday after the company was targeted by professional short sellers.
The fall in Block’s share price came as short selling firm Hindenburg Research announced that they had taken a short position in Block, Inc., a company...
ARK Buys the Wells Dip With $17.7 Million COIN Purchase
24.3.2023
Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission
Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%
23.3.2023
On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed....
Hindenburg Research reports Block short position, claiming fraud facilitation and inflated metrics
23.3.2023
"Block has wildly overstated its genuine user counts and has understated its customer acquisition costs," said the report
Jack Dorsey's Block Tumbles 17% After Short Seller Hindenburg's Report
23.3.2023
Notable short seller Hindenburg Research accuses Block of "wildly" overstating user counts, while understating customer acquisition costs
New Feature Enables Nigerian Metamask Wallet Users to Buy Crypto Assets Within the App
23.3.2023
Metamask users in Nigeria can now directly and instantly buy crypto assets within the mobile app, Consensys and its Web3 infrastructure partner Moonpay have said. According to a Consensys executive, rolling out this feature helps to reduce friction while bringing down barriers that block or stop...
GOP Sen. Ted Cruz Proposes Ban on a CBDC
22.3.2023
The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Governor Ron DeSantis