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Mixin Network suffers a $200 million hack attack
25.9.2023
Mixin Network has suffered a hack attack, draining funds worth $200 million. The community has received confirmation of the news from Mixin Network on X, formerly Twitter, informing them that the decentralized wallet service has temporarily suspended deposit and withdrawal services. They...
Vitalik wallet sends 400 ETH worth $600K to Coinbase
25.9.2023
A wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase
Bitcoin and S&P 500 Eye Quarterly Loss as Bonds Look Most Attractive Since 2009
25.9.2023
Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers
Hong Kong to Reveal List of Crypto License Applicants in the Wake of JPEX Scandal
25.9.2023
Hong Kong’s financial watchdog confirmed Monday that it would publish the list of cryptocurrency trading firms that have applied for licenses to operate in the Chinese territory, in the wake of the JPEX scandal.
The Securities and Futures Commission (SFC) will reveal the list following public...
Russian ‘Crypto Queen’ Reportedly Arrested in Moscow
25.9.2023
Police in Russia have reportedly arrested an entrepreneur and “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” on fraud charges.
Per Moskvich Magazine and the Telegram-based news networks Baza and Readovka, Valeria “Bitmama” Fedyakina was detained by police on September 15 after...
Pay-to-use blockchains will never achieve mass adoption
24.9.2023
Blockchain projects should learn from Google and Facebook by monetizing their users without directly asking for their money
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible Sector
24.9.2023
Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since August 24. NFT Sales Still Can’t Escape Crypto Winter’s...
Decoding Atomicals: Unpacking the Newest Addition to Bitcoin’s Tech Suite
24.9.2023
Following the introduction of Ordinal inscriptions, BRC20 tokens, and Stamps on the Bitcoin blockchain, the community has seen the debut of a new digital object technology named Atomicals. Meet Atomicals: The Latest Data-Embedding Technology on the Bitcoin Blockchain Since the close of 2022...
Block.one’s Settlement Offered a ‘Tiny Fraction’ of the $4.1 Billion Raised — EOS Network Foundation CEO
23.9.2023
According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), the blockchain software company Block.one’s failure to financially back the EOS ecosystem after the 2018 initial coin offering (ICO) is one of the many reasons why the community felt compelled to take over....
Consensys Announces Sunset of Ganache and Truffle Toolkits, Marking the End of an Era for Ethereum Development
23.9.2023
On September 22, ConsenSys, a leading Ethereum software company, announced the sunset of Truffle and Ganache, two widely used toolkits that were instrumental in developing and testing smart contracts on Ethereum. The company is redirecting its focus towards MetaMask toolkits like Snaps and SDK...
FTX Files Lawsuit Against Former Salameda Employees to Recover $157 Million
23.9.2023
According to the recent court filing, FTX, the bankrupt crypto exchange, has filed a lawsuit against former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, to recover about $157.3 million.
The Hong Kong firm was said to be controlled by the former CEO and founder of...
Major European Crypto Asset Manager CoinShares to Launch US Division
23.9.2023
Popular crypto asset manager CoinShares has announced the launch of a crypto operation in the United States.
According to a press release on GlobeNewswire dated September 22, the new US operation will be called CoinShares Hedge Fund Solutions and will solely cater to cryptocurrency investors. This...
South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets
23.9.2023
South Korean entertainment and events company Dreamus, a subsidiary of SK Planet, is breaking into blockchain by offering NFT ticketing services through its parent company’s rewards app.
The app lets fans purchase tickets for various events, including K-pop concerts and other shows, in the form...
6.8% of Nansen's Third-party Vendor Impacted By Cyber Attack – What Happened?
22.9.2023
On-chain insights platform Nansen has revealed that a third-party vendor's system has been compromised. As a result, about 6.8% of the customers' data have been affected.
Providing more details, the blockchain analytics platform stated that the event occurred on September 20, but it declined...
Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
22.9.2023
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain
Google Cloud Enhances Access to Blockchain Data, Adds 11 Networks
22.9.2023
Google Cloud has announced an addition of 11 blockchains to its ‘BigQuery’ program for datasets in a bid to provide easy access to blockchain data.
In an official statement on Sept 21, the company disclosed the 11 new networks: Avalanche, Near, Fantom, Optimism, Polygon, Polygon Mumbai Testnet...
Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?
22.9.2023
Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report.
Amid a volatile year for cryptocurrencies, the stablecoin sector has experienced a sustained decline. As reported by CCData, the decrease has persisted for 18 months, causing market dominance...
Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away?
22.9.2023
Stablecoin market dominance has reached its lowest point in 18 months, according to a Monday report.
Amid a volatile year for cryptocurrencies, the stablecoin sector has experienced a sustained decline. As reported by CCData, the decrease has persisted for 18 months, causing market dominance...
Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume
22.9.2023
In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday.
Post.Tech operates much like its predecessor, Friend.Tech...
Tether Reneges on Loan Promise: Lends $5.5 Billion in Stablecoins Despite Earlier Pledge
22.9.2023
Tether, the company behind the popular USDT stablecoin, has raised eyebrows in the crypto community by lending out $5.5 billion in stablecoins, despite its earlier promise to halt such loans by the end of 2023, according to a Wall Street Journal report.
This revelation has raised questions about...