June 2022 | Page 7 of 162 | Last Cryptocurrency News Feed

North Korean Hackers Reportedly Behind the $100 Million Harmony Exploit

The notorious North Korean hacking group – the Lazarus Group – is suspected to be the one that attacked the cryptocurrency protocol Harmony. The criminal organization has been involved in numerous similar heists throughout the recent years. The Lazarus Group’s Next Victim Last week, Harmony revealed that wrongdoers breached its Horizon Bridge and drained approximately…

Cointelegraph Feed

Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model

It’s been another day of watching the ripples of contagion spread through the crypto market. With Three Arrows Capital being ordered into liquidation by a British court, details have also emerged today of BlockFi liquidating a $1B loan to 3AC, and the fallout from the insolvency was partly to blame for lending firm and market…

Cryptocurrency News Feeds

SEC Rejects Grayscale Spot Bitcoin ETF Sparking Lawsuit

On June 29, the U.S. securities regulator rejected the proposal by Grayscale to list a spot Bitcoin exchange-traded fund (ETF) on the NYSE Arca exchange. According to the SEC, the proposal did not meet standards designed to prevent fraudulent and manipulative market practices. It stated that the rejection was not based on an “assessment of…

Cointelegraph Feed

CoinFlex CEO says withdrawals unlikely to resume on Thursday

CoinFlex CEO Mark Lamb said more time was needed before the exchange can reopen its platform for user withdrawals. 64 Total views 11 Total shares Crypto exchange CoinFlex is “unlikely” to resume withdrawals on Thursday, June 30 as it had originally hoped, according to its CEO Mark Lamb, as the company continues to search for…

Bitcoin Magazine Feed

Bitcoin Creates A New Type Of Property Ownership

Bitcoin derives its monetary value from the fact that it is a new type of property that is independent and autonomous, amoral and apolitical.This is an opinion editorial by Jens Bucher, a contributor at Bitcoin Magazine.Bitcoin is a topic that stirs the passions in a way few other topics, perhaps barring CrossFit or veganism, tend…

Cointelegraph Feed

After 8 years dumping billions of XRP, Jed McCaleb’s stack runs out in weeks

Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance.According to Jed Balance, a website tracking his XRP holdings, McCaleb’s wallet name “tacostand” has been shedding an average of 4.06 million XRP over the last month…

Bitcoin Magazine Feed

Changing The “Bitcoin Is Useless” Narrative

There are a myriad of examples of bitcoin financially enabling people around the world despite common notions that bitcoin is useless.This is an opinion editorial by Ray Youssef, CEO of Paxful and co-founder of the Built With Bitcoin Foundation.Bitcoin has the power to help real people, but the “Bitcoin is useless” narrative still exists. Traveling…

Cointelegraph Feed

Nifty news: Sandbox LAND on Polygon, ETH gain a tax loss and more…

Popular Ethereum-based Metaverse gaming platform The Sandbox has unveiled a bridge that enables users to transfer their virtual NFT LAND and native SAND tokens over to Layer-2 network Polygon (MATIC). While The Sandbox will live on Ethereum for the most part, the platform has emphasized that conducting SAND and LAND transactions on Polygon will result…

Cointelegraph Feed

Cardano’s Vasil hard fork proposal submitted: Countdown commences

From July 3 the four-week window for application developers and exchanges to test the upcoming Cardano upgrade begins before it's launched onto the mainnet. 489 Total views 25 Total shares Cardano (ADA) blockchain developer Input Output Hong Kong (IOHK) has submitted an update proposal to hard fork the Cardano testnet, kicking off the countdown for…

Cryptocurrency News Feeds

CBDCs Are Natural Evolution Necessary to Protect Fiat Monetary System: Swedish Central Banker

CBDCs are an investment to protect the fiat-based monetary system. Cash is on its way out, and its share as a medium of payment will significantly reduce in the coming years. For central banks to stay up to date with modern developments and public demands, they must develop CBDCs. These remarks were made by Cecilia…