Axie Infinity to compensate Ronin exploit victims and relaunch bridge
Once the bridge reopens on Tuesday, users will be able to withdraw one ETH for each one they possessed before the attack. Sky Mavis, the creator of the play-to-earn game…
Bitcoin gives ‘encouraging signs’ — Watch these BTC price levels next
The 200-week moving average is back on the menu for BTC/USD, but altcoins are shining as the week ends. Bitcoin (BTC) headed toward the upper end of its trading range…
Securing Blockchain Oracles for the Success and Mass Adoption of Blockchain
Faster adoption of blockchain technology has led to many games and apps choosing the blockchain for their needs. Blockchain oracles have often compromised blockchains, resulting in hacks and losses of…
How to Buy BTC and Other Cryptocurrencies Fast and Easy
This explains why you will find one of the most searched queries related to cryptocurrency is “How to buy BTC crypto fast?” When it comes to buying BTC, it is…
Market Conditions Force Yet Another Exchange to Freeze Withdrawals
CoinFLEX faced a lot of criticism online following its announcement stopping all withdrawals abruptly for an unspecified period. The organization’s followers on social media were disappointed with the action by…
Coinbase Just Added On-Chain Support for SOL and MATIC Transactions
According to an announcement published in “The Coinbase Blog” on 24th June, Coinbase is enabling users to exchange cryptocurrency by sending and receiving on various networks, starting with Solana and…
Sky Mavis to Reimburse Axie Infinity Hack Victims and Restart the Ronin Bridge as Early as June 28th
Summary: Sky Mavis, the parent company of Axie Infinity, expects to reimburse hack victims on June 28th. The Ronin Network bridge is also expected to reopen on the same day.…
Celsius Considers Bankruptcy, Hires More Advisors
Summary: The crypto lending company of Celsius is reportedly considering filing for bankruptcy. Celsius has therefore hired more advisors to prepare for the potential filing. The crypto lending company of…
Kyber Network Admits A Portion of Its Treasury Was Held By 3AC, But Not Significant to Affect KNC Operations
Summary: The Kyber Network team has admitted that Three Arrows Capital’s potential insolvency might impact its treasury. A small portion of Kyber Network’s treasury is with Three Arrows Capital but…
Sam Bankman-Fried’s FTX is Reportedly Planning to Acquire a Stake in BlockFi
Summary: The FTX crypto exchange is reportedly in talks to acquire a stake in the crypto-lending platform of BlockFi. Earlier this week, FTX gave BlockFi a $250 million line of…
Ethereum price breaks out as ‘bad news is good news’ for stocks
Ether has rebounded by nearly 40% in the last six days despite persistent “bull trap” risks. Ethereum’s native token, Ether (ETH), gained alongside riskier assets as investors assessed weak U.S.…
White hat hacker attempts to recover ‘millions’ in lost Bitcoin, finds only $105
“We didn’t make money, but we definitely made new friends,” said Lavar Sanders, who originally purchased the Bitcoin in 2016. Joe Grand, a computer engineer and hardware hacker known by…
Uganda’s gold discovery: What it could mean for crypto
Is gold becoming inflationary? Can Bitcoin replace it as a store of value due to its scarcity and reliability? Are Uganda’s numbers implausible? Questions arise. These are fraught times for…
Bitcoin payments make a lot of sense for SMEs but the risks still remain
While Bitcoin payments can be processed quite easily by businesses these days there are still some tangible issues that need to be ironed out. The last six odd months has…
Biggest Movers: XRP up by Nearly 15%, as AVAX Climbs to 12-Day High on Friday
XRP rose by nearly 15% during today’s session, climbing to its highest point in over a week in the process. This rise in momentum within the crypto market also saw…