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$120 Million Exploit: AllianceBlock Token Price Manipulated in Oracle Hack – Here's What Happened
2.2.2023
Self-sovereign financial services provider BonqDAO suffered $120 million in losses after a hacker exploited its oracle to manipulate the price of AllianceBlock tokens.
In a Thursday tweet, blockchain security firm PeckShield revealed that BonqDAO’s oracle was manipulated and used to increase...
Metaphysic develops AI for a hyperreal Metaverse experience
2.2.2023
Metaphysic recently announced collaborating with Creative Artists Agency. The partnership will result in the development of AI tools that enable hyperreal metaverse experiences. According to the latest tweet by Coindesk, Metaphysic will work with Miramax and develop content for ‘Here,’ the upcoming...
Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
2.2.2023
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial...
State of play: Decentralized domain services reflect on industry progress
2.2.2023
Major decentralized domain services weigh in on the state of the industry and the potential for future growth
Bitcoin bulls must reclaim these 2 levels as 'death cross' still looms
2.2.2023
BTC price upside depends on whether two long-lost moving averages can be flipped to support, Bitcoin analysis predicts
Kana Labs is onboarding Polygon blockchain ecosystem
2.2.2023
Kana Labs is pleased and proud to announce that they will add the Polygon blockchain ecosystem to their entire retinue of products. In the case of Kana Labs, it is a chain-agnostic multi-chain DeFi super app. It is working hard to increase the number of backed blockchains in its product portfolio. ...
Coinbase clarifies Drops halt, says NFT Marketplace will operate as usual
2.2.2023
Coinbase has published a tweet through its official Twitter handle to clarify an issue that has been circulating within the community. According to the clarification, Coinbase is merely pausing Creator Drops for a while to focus on other features and tools. This does not mean that the platform...
Bitcoin Price and Ethereum Prediction; BTC & ETH Rise 4% After Fed Rate Hike: More Upside?
2.2.2023
Bitcoin and Ethereum prices have been on the rise recently, with BTC and ETH both rising 4% following the Federal Reserve's rate hike. With more investors turning to cryptocurrencies as a safe haven asset, it is likely that the prices of Bitcoin and Ethereum will continue to increase in the near...
Voyager victim calls for trustee to seize control of the estate
2.2.2023
The 120-page motion came from a creditor who asked for the appointment of a chapter 11 trustee citing alleged fraud and incompetence at Voyager
Indian Government Introduces New Crypto Tax Penalties
2.2.2023
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed...
Bitcoin Ordinals creator looks for fix after first instance of shock porn
2.2.2023
A rather unsavory image made it to the front page of the Ordinals website for 30 minutes before it was hidden, however, the image itself is immutable
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
2.2.2023
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s
Bithumb owner arrested in South Korea over alleged embezzlement
2.2.2023
The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested
72% of institutional traders are crypto-skeptical this year: JPMorgan
2.2.2023
The seventh edition of JPMorgan's e-Trading Edit asked 835 institutional traders about their plans for trading digital assets in 2023, among other topics
NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase
2.2.2023
Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in...
Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback
2.2.2023
During a Q4 earnings call on Feb. 1, Mark Zuckerberg said he saw no reason to deviate from their long-term Metaverse strategy
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'
2.2.2023
While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech
Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why
2.2.2023
After reaching impressive heights in late 2021, the world's largest cryptocurrency, Bitcoin, experienced a steep decline, falling from a record-breaking high of $69,044.77 in November 2021 to $16,400 in November 2022. ...
Read More: Crypto Analysts are Saying These Altcoins Have Huge Potential...
BonqDAO protocol suffers $120M loss after oracle hack
2.2.2023
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield