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Crypto Casino Stake Opens Withdrawals After Reported $40M Exploit
5.9.2023
On September 4th, at 9:28 pm UTC, the crypto betting platform Stake resumed its deposit and withdrawal services only five hours after a reported $40 million exploit.
The incident began with multiple unusual transactions on Monday morning Eastern Time, with approximately $16 million in Ethereum...
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
5.9.2023
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers
Crypto Betting Platform Stake.com Comfirms Hacking Incident, Over $40 Million Worth of Assets Stolen
4.9.2023
Crypto betting platform Stake.com confirmed on Sept. 4 that an unknown entity had carried out unauthorised transactions from its ethereum and Binance Smartchain hot wallets. However, the crypto-betting platform insisted that user funds were safe and that its other hot wallets remain operational....
Crypto gambling site Stake sees $16M withdrawals in possible hack
4.9.2023
Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether
Blockchain Security Firm Peckshield Identifies Strange Transactions in Crypto Casino Stake Wallet – What’s Going On?
4.9.2023
Blockchain security firms Peckshield and Cyvers have detected multiple suspected transactions with wallets linked to crypto casino, Stake.
Etherscan data shows that wallet 0x3130662aece32F05753D00A7B95C0444150BCd3C received about $16 million worth of different cryptocurrencies before it...
Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
1.9.2023
DeFi exploits resulted in losses of over $16 million in August
Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...
Bitcoin Network’s Inherent Properties Can Be Leveraged to ‘Enhance the Security of PoS Chains’ — Babylon Chain CTO
11.8.2023
Fisher Yu, the co-founder and chief technology officer (CTO) at the bitcoin staking protocol Babylon Chain, has argued that when staking bitcoin, stakers “do not need to trust or give their bitcoins to any third parties.” According to Yu, such an attribute helps to “eliminate...
Crypto staking rewards are taxable once received: IRS
1.8.2023
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain "dominion" over the tokens
Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder’s Panel
28.7.2023
The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder. The report is based on predictions by a panel of 29 cryptocurrency...
Why Ethereum Ditching Mining Isn't Better for the Environment
28.7.2023
Bitcoin Mining Is an Oligopoly, and Proof-of-Stake Isn't Any Better
26.7.2023
BTC20 Emerges as Eco-Friendly Alternative Amidst 1Inch Network's Price Drop
20.7.2023
After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What's next for 1INCH and can it reestablish its bullish momentum?...
Read More: BTC20...
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
16.7.2023
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network...
FTX Pauses Sale of $500 Million Stake in AI Startup Anthropic
30.6.2023
Failed crypto exchange FTX has unexpectedly halted the sale of its stake in the artificial intelligence (AI) startup Anthropic. The stock has been viewed as a source of funds that can be used to compensate customers who suffered losses as a result of the coin trading platform’s collapse....
Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
30.6.2023
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman...
Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO
20.6.2023
The Reserve team said the investment could allow for new features such as collateralized loans and wallet products
Ethereum validators may have to stake 64X more ETH, devs discuss
19.6.2023
The proposal received mixed reactions from the crypto community, with some users stressing that it would make the network more centralized
Tears Of The Kingdom Players Are Making Music With Lasers And Zonai Stakes
15.6.2023
Not only does The Legend of Zelda: Tears of the Kingdom simulate wind, electricity, aerodynamics, and inertia, it also simulates the phenomenon of pressure waves detected by our ears: i.e. sound. As players have been slowly realizing, when stuck in the ground to various depths, Zonai Stakes vibrate...
Crypto industry 'destined' to be BTC-focused due to regulators: Michael Saylor
14.6.2023
The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin's favor