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Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins


Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers. Up to $400 Million Reward for the Recovery of Stolen Bitcoins Bitfinex announced on Tuesday...

Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2


Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of this year. That figure compares with sales of $1.75 million posted the previous quarter, according to an earnings release published August 3. Ripple said...

The Making of: Netlify’s Million Devs SVG Animation Site


The following article captures the process of building the Million Developers microsite for Netlify. This project was built by a few folks and we’ve captured some parts of the process of building it here- focusing mainly on the animation aspects, in case any are helpful to others building...

Big Travel Firm CWT Pays $4.5 Million Bitcoin Ransom to Hackers


CWT, one of the biggest travel companies in the U.S., this week paid $4.5 million in bitcoin to hackers who infiltrated the firm’s computer system, stealing sensitive corporate data. It is unclear whether customer information was also compromised. Reuters reported that the bitcoin wallet...

Chinese Police Take Down $6 Billion Plustoken Ponzi, Arrest 109 People


Chinese authorities have reportedly arrested 109 people in connection with the Plustoken Ponzi scheme. Twenty-seven of them are allegedly the scheme’s masterminds and 82 are key members. The Plustoken scammers have swindled funds worth about $5.7 billion from more than 2 million investors....

Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism


The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that...

Tether Prints $300 Million, While XRP Reclaims Third Spot


Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert...

Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours


The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...

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