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ZachXBT Reports BAYC & Beanz NFT Worth Over $235k Hacked
3.7.2024
A recent report by blockchain investigator ZachXBT shows that one NFT user lost 6 Bored Ape Yacht Club (BAYC) and 40 Beanz Non-Fungible Tokens (NFTs). At the time of this writing, no official investigations have been channeled to recover the drained NFTs. An NFT trader loses 6 X Bored Apes and...
Sony Buys Amber's Japan Unit to Enter the Crypto Market: Reports
1.7.2024
Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit
Why reports of the death of NFTs are greatly exaggerated
27.6.2024
Toshiuki Otsuka, who founded a snap-to-earn platform, strongly opposed the narrative and argued that NFTs are "evolving."
Sponsor Drops Dr Disrespect Amid Reports He Allegedly 'Sexted' A Minor On Twitch
25.6.2024
Gaming headset maker Turtle Beach is the latest company to cut ties with Guy “Dr Disrespect” Beahm amid allegations he was banned from Twitch back in 2020 for sexting a minor. The company’s decision arrived alongside a new report by Bloomberg corroborating claims that Beahm, who has denied...
Law Enforcement Holds Positive Views on Crypto Despite Crime Concerns, Chainalysis Reports
21.6.2024
Blockchain analytics firm Chainalysis has found that law enforcement finds cryptocurrency relevant to many investigations and holds positive overall views. The firm also notes the growing adoption of cryptocurrency and its increased criminal exploitation, including intellectual property theft...
White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports
13.6.2024
The White House is expected to nominate Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation Chair media outlets have reported
Paxos Cuts 20% of Staff: Reports
13.6.2024
Bloomberg report says the company will have an increased focus on tokenization
Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million
11.6.2024
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it had shut down the affected systems to contain the damage and assured users that their funds remained secure. Lykke Faces...
Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports
10.6.2024
Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Record-Breaking Week...
Sky Mavis Reports Return of $5.7 Million in Digital Assets Stolen During Ronin Attack
8.6.2024
Sky Mavis announced that Norwegian authorities have recovered and returned $5.7 million in digital assets stolen during the Ronin bridge incident. The Web3 game developer stated that an additional $40 million in digital assets is currently frozen. However, the company cannot predict when it will...
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
3.6.2024
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the...
Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses
3.6.2024
The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $6.8 to $10 million. The Velocore team is actively pursuing the hackers and is open to negotiating a settlement. Hackers Exploited Vulnerabilities Within...
Trump’s crypto wallet surges to $10M, Arkham reports
28.5.2024
In a twist of events that may interest many enthusiasts in the Global village of Cryptocurrencies, it was revealed that a crypto wallet associated with the former President and current Republican nominee for the President of the United States, Donald Trump, holds about $10 million...
GCR’s Hack Possibly Tied to Solana’s CAT Coin Team, Onchain Sleuth Zachxbt Reports
27.5.2024
On May 26, the trader known as GCR was allegedly hacked, possibly by the team behind the Solana-based meme coin CAT, as suggested by onchain sleuth Zachxbt. Prior to the hack, an address linked to CAT’s team used funds from a manipulated token launch to open long positions in ORDI and ETHFI...
Bitcoin Price Prediction with $80K on the Horizon – Will BTC Rally Soon?
24.5.2024
Bitcoin struggles at $67,824 amid strong US economic data, with investors eyeing Fed comments and upcoming reports for cues on a potential rally to $80K.
The post Bitcoin Price Prediction with $80K on the Horizon – Will BTC Rally Soon? appeared first on Cryptonews
Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue
20.5.2024
BitFuFu's total revenue skyrocketed 149% year-over-year to $144.4 million, beyond expectations. Profit figures were even more massive as its net income exploded more than 12-fold to $35.3 million.
The post Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue appeared first on Cryptonews
Penguiana Reports New Milestones As PENGU Presale Hits Soft Cap, Teases Play-to-Earn Game Trailer Next Month
17.5.2024
PRESS RELEASE. Penguiana (PENGU), a novel penguin-themed meme coin, is making significant waves within the cryptocurrency and Solana meme community. With its presale already raising over 1500 SOL, Penguiana is positioning itself as the next popular meme coin on the Solana blockchain. Penguiana...
Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
17.5.2024
PRESS RELEASE. Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within...
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
State of Wisconsin reports $164M investments in spot Bitcoin ETFs
14.5.2024
The entity responsible for managing assets in the state’s pension system reported it held millions of shares of the BlackRock iShares Bitcoin Trust and Grayscale Bitcoin Trust