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Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics
21.3.2022
Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the same Space, Do Kwon explained the new mechanics that the Terra ecosystem is introducing in order...
Warehouse Employees Steal Over $35,000 Worth Of Video Cards
19.3.2022
Three men in Russia were reportedly arrested after stealing 20 Nvidia RTX 3070 TIs from a suburban warehouse. While they successfully made off with the video cards, a haul worth nearly $38,000 USD, they were arrested after trying to sell them to local pawn shops. Read more
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
15.3.2022
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around...
Deus Finance exploit: Hackers get away with $3M worth of DAI and Ether
15.3.2022
Deus Finance had acknowledged the exploit on its lending contract and the CEO of the firm was quick to come up with a reimbursement plan
Bitcoin Worth $1.2B Leaves Coinbase in a Sign of Persistent Institutional Adoption
15.3.2022
A total of 31,130 bitcoin left Coinbase last week, the highest single-week outflow since 2017
‘Ecstasy Kingpin’ From Brockton Forfeits $2.3M in Bitcoin to Massachusetts Law Enforcement
14.3.2022
A man from Brockton, Massachusetts was sentenced to eight years in prison and forced to forfeit 59 bitcoin worth $2.3 million, after he was caught selling Xanax, ecstasy, and ketamine on the deep web. Massachusetts U.S. Attorney Rachael Rollins stressed during the announcement that the government...
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case
12.3.2022
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” Canadian Authority Seizes...
Mega Awakening — Whale Transfers 429 ‘Sleeping Bitcoin’ From 2010 Worth Over $16.8 Million
10.3.2022
After tapping a 24-hour high at $42,592 per unit, the price of bitcoin lost the gains it gathered on Wednesday, sliding more than 5% during Thursday morning’s trading sessions. Meanwhile, as crypto prices fluctuated, an odd bitcoin transaction from 2010 was transferred at 1:45 a.m. (UTC)...
Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation
9.3.2022
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With...
$10 Bundle Gets You $6500 Worth Of Games/Music/Books, Helps Ukraine
8.3.2022
Necrosoft Games have put together a bundle of 991 things on itch.io that is available now for a minimum of just $10 . Read more
Venezuela Increases Minimum Monthly Wage to Half a Petro
7.3.2022
Nicolas Maduro, president of Venezuela, announced an increase in the minimum wage of workers in the country linked to the petro. In the II Workers’ Congress, Maduro revealed that the new value of the salary would be half a petro, the national cryptocurrency, which is now worth close to $59....
Ukraine Uses Donated Crypto to Pay for Military Supplies — Government Says $50 Million in Crypto Raised in a Week
6.3.2022
The Ukrainian government announces that $50 million in cryptocurrency was raised within a week since Russia began its invasion of Ukraine. The government has so far spent $15 million in donated cryptocurrency to buy military supplies. Ukraine Government Spends $15 Million in Crypto on Military...
Vienna-Based Trality Announces Free Worldwide Trading Competition With Over 60,000 USDT in Prizes
4.3.2022
PRESS RELEASE. Trality, a leading FinTech company headquartered in Vienna, Austria, is organizing a worldwide coding competition. Now in its second year, the Trality Trading Competition is fast becoming the premiere proving ground for expert Python trading bot programmers. Top Prizes for the...
Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Ethereum Payments
2.3.2022
On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will auction Basquiat’s “Untitled, 1982” piece worth an estimated...
Ukraine Adds Dogecoin to List of Accepted Cryptos, Prime Minister Asks DOGE Co-Founder and Elon Musk to Donate
2.3.2022
According to a Twitter announcement stemming from Ukraine’s vice prime minister, Mykhailo Fedorov, the Ukrainian government will now accept dogecoin donations. Fedorov highlighted that meme assets like dogecoin are worth more than the Russian ruble and “even [memes] can support...
Ethereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked
1.3.2022
The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark...
Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack
28.2.2022
The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium...
Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion
26.2.2022
Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been...
Is It Worth Investing in Seesaw Protocol in Times of Uncertainty?
24.2.2022
Fourteen years after the global financial crisis of 2008 (the worst economic disaster since the Great Depression of the late 1920s), global markets seem to be still struggling to find their balance and cohesion. Uncertainty seems to be the only staple, fuelled by an ever-changing, ever-moving...