Scary Reports of Imminent Mt.Gox Bitcoin Distribution Was Fake News
The Mt Gox hack was one of the initial and biggest Bitcoin hacks ever to hit the blockchain ecosystem. The hack shocked the entire world and made many reconsider their…
Saudi Shiba Price Going Up – Here’s Why
Almost every meme currency has profited from the recent meme coin mania, which has resulted in a price increase. While the initial enthusiasm has passed, several meme coins are mounting…
One more cryptocurrency rug pull with a Pokémon theme, this time for $708k.
Pokémon-based cryptocurrency fraud has been a problem in the past. Fans have spent more than $10 million on Pokémon-themed campaigns this year. The PokeMonFi (Pokémon) venture has disappeared in a…
The Ethereum Merge – how better will Ethereum get
As the market continues to consolidate at stagnant prices, several major projects and companies have been building infrastructure and aiming to perfect their product. Since Bitcoin started a downtrend from…
Moonbirds will store NFT art ‘in chain’ — Raises $50M in Series A funding
Storing an NFT “in chain” means that the NFT can be generated completely off the underlying smart contract, without any need for an off-chain storage provider. PROOF, the private community…
Compound cETH market bricked by update — 7-day wait on vote to fix it
The code bug has plagued the cETH market and has affected Compound’s front-end user face, but the CEO confirmed that “funds are not immediately at risk.” Decentralized lending platform Compound…
Crypto.com accidentally transfered $10.5M to client instead of $100 refund
Court documents allege that the recipient used a portion of the funds to purchase a luxury mansion upon receipt. According to local news outlet 7News, two Melbourne women, Manivel Thevamanogari…
Flare Network and Lena Instruments launch new crowdfunding mechanism
The mechanism allows investors to allocate a portion of the rewards they earned into funding startups. Interoperability-focused blockchain Flare Network has partnered with software infrastructure firm Lena Instruments to implement…
President of Paraguay vetoes crypto regulation law
The bill was approved by the nation’s Senate in July as low-energy costs continue to boost mining activities in the country. Paraguay’s president, Mario Abdo Benítez, vetoed a bill that…
UBS raises US recession odds to 60%, but what does this mean for crypto prices?
Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies. On Aug. 30, global investment bank UBS increased…
Crypto ‘cannot be partisan,’ says US lawmaker who scored negative on bipartisanship index: Report
“This is literally about looking at America and opportunities for Americans,” according to Minnesota Representative Tom Emmer. United States House of Representatives member Tom Emmer has reportedly suggested that regulating…
Amid crypto winter, Nexo commits additional $50M to buyback program
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market. Crypto lending platform Nexo has increased the size of its buyback…
STEPN (GMT) Down 16% – Is It a Good Time to Buy GMT?
The Earn-to-Move Model STEPN (GMT), a Web3 platform, has announced the launch of DOOAR, a multi-chain DEX designed by Find Satoshi Lab for STEPN users and others with a new…
Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania
Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with customer funds as the trading platform collapsed. Faruk Fatih Ozer…
Publicly-Listed Bitcoin Miner Cleanspark’s Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC
Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed 3 exahash per second (EH/s), tripling in less than twelve…