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Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis


Blockchain analytics firm Chainalysis says 2022 was “the biggest year ever for crypto hacking,” with $3.8 billion stolen from cryptocurrency businesses. The firm added that decentralized finance (defi) protocol hacks accounted for 82.1% of all cryptocurrency stolen by hackers during...

Bitcoin Cash jumps ahead of $135: Will BCH hit more profits?


Bitcoin Cash (BCH) addresses scalability and transaction processing issues in the original Bitcoin network. Its block size limit is larger, allowing faster and cheaper transactions than Bitcoin. BCH has a different monetary policy with a slightly higher inflation rate and a gradual block reward...

Biggest Movers: AVAX Hits Highest Point Since August, Following 17% Jump


Avalanche moved to its highest point since August, as the token rose by as much as 17% in today’s session. Cryptocurrencies surged across the board, following the latest Federal Reserve rate hike, with the global market cap 4.29% higher as of writing this. Polygon also hit a multi-month high...

Terra Luna Classic Price Prediction – Can LUNC Hit $3 in 2023?


LUNC, a token worth roughly over $1 billion on the Terra Classic protocol, is edging closer to a 17.54% move that could propel it to $0.00021. Meanwhile, the 50th largest cryptocurrency’s value increased by 6.5% in 24 hours and is trading at $0.0001775 at the time of writing. Investors...

Biggest Movers: MATIC Nears 3-Month High, as LINK Extends Recent Gains


Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months....

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%


Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...

Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams


The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams for its VR (virtual reality) and metaverse efforts, according to reports. The company will close two projects in these areas, Altspacevr and the Mixed Reality Tool Kit, potentially...

343, Hit By Layoffs And Key Departures, Says It Will Keep Making Halo


When Microsoft—a company that made “$198 billion in revenue and $83 billion in operating income” in 2022—made the decision to axe 10,000 workers last week, a number of those came from their video game operations, particularly 343 Studios, the overseers of the Halo series.Read more

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