Search
Solana-hacked crypto could be claimed as a tax loss: Experts
5.8.2022
Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
5.8.2022
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values...
Self-custody isn’t for everyone: WisdomTree exec on ‘be your own bank’
4.8.2022
As self-custody puts a lot of responsibility on a user, many may find self-custody way too uncomfortable or too hard to handle
Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App
4.8.2022
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography...
Former Coinbase Manager Pleads Not Guilty To Wire Fraud Charges
4.8.2022
In what is described as the first insider trading case related to crypto in the US, a former product manager at major exchange Coinbase and his brother have pleaded not guilty to wire fraud charges.
The defense is based on the assumption that cryptoassets are not securities or commodities,...
Rangers Protocol Partners With Non-Custodial Wallet UniPass
4.8.2022
On July 26, 2022, UniPass, a consumer-friendly, non-custodial wallet offering a smooth integration for widespread customers and Web3 devs, began a partnership agreement with the Web3 Engine infra Rangers Protocol. NFT, GameFi, and Metaverse are just a few of the Web3 key areas for which Rangers...
Solana Blames Slope Wallet for Hack While Slope Says that 'Nothing is Yet Firm'
4.8.2022
The team behind the Solana (SOL) blockchain has tied the widespread hack that affected over 8,000 wallets and resulted in the loss of over USD 8m worth of funds to the closed-source Slope wallet.
"After an investigation by developers, ecosystem teams, and security auditors, it appears affected...
Slope wallets blamed for Solana-based wallet attack
4.8.2022
Web3 wallet provider Slope has been connected to the recent hack of Solana-based wallets
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
3.8.2022
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages...
Solana’s Latest $6M Exploit Likely Tied to Slope Wallet, Devs Say
3.8.2022
The source of the exploit appears to be linked to Slope allegedly storing private keys as plain text on a centralized server
The US Gets Another Crypto Regulation Idea, USD 9M Returned to Nomad, Zipmex 'Stabilizes' + More News
3.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: The US Gets Another Crypto Regulation Idea, USD 9M Returned to Nomad, Zipmex 'Stabilizes' + More News
Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised
3.8.2022
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root...
Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm
3.8.2022
Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets
SOL Drops as Thousands of Wallets Attacked on Solana
3.8.2022
SOL, the native token of the Solana network, dropped following reports that thousands of wallets have been drained in apparently still ongoing attack.
Per blockchain auditor OtterSec, over 5,000 Solana wallets have been drained in the past few hours....
Read More: SOL Drops as Thousands of Wallets...
Ongoing Solana-based wallet hack has already seen millions drained
3.8.2022
NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play" and called on users to revoke permissions for any suspicious links in their Phantom wallets
Solana Wallets Targeted in Latest Multimillion Dollar Hack
3.8.2022
Non-custodial Solana wallet Phantom appears to be the latest victim of an exploit, with users reporting that their funds have been drained unknowingly
BTC wholecoiners up by 40K since June crash began
3.8.2022
A sharp fall in the cryptocurrency's price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin
Man Pledges Some 18M of His Lost Bitcoin to Fund Newport Crypto Hub & USD 51 to Every Newportonian
2.8.2022
James Howells, a computer engineer who claims he mistakenly threw away a hard drive that contained some 7,500-8,000 bitcoin (BTC) during house cleaning in 2013, has pledged to use 10% of this lost stash if/when recovered and turn Newport, UK, into a cryptocurrency hub.
The latest BBC report claims...
Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
2.8.2022
The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation
Majority of NFT Collections Reinvest Ethereum Back Into System - Nansen
2.8.2022
In the first half of 2022, market participants spent ETH 963,227, worth about USD 2.7bn, on non-fungible token (NFT) minting on the Ethereum blockchain, with 50.7% of the raised crypto staying with NFT projects, and the remainder circulated to non-entity wallets, according to a report by blockchain...