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Monthly Archives: May 2023

$3m-worth-of-customer-funds-swiped-via-alleged-swaprum-dex-rug-pull
Cointelegraph Feed

$3M worth of customer funds swiped via alleged Swaprum DEX rug pull

Promptly after the funds went missing, Swaprum’s Twitter, Telegram and Github accounts were all deleted, however its website is still up. 264 Total views 6 Total shares Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits being swiped from the platform.A rug-pull or exit…
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Bitcoin-wallet-strike-expands-support-to-3-billion-people,-targets-global-south
Cryptocurrency News Feeds

Bitcoin Wallet Strike Expands Support to 3 Billion People, Targets Global South

Strike – a Bitcoin payments company and remittance app – announced Friday that it is now available for download to over 3 billion people worldwide, including dozens of new countries. The international expansion will allow wallet users in India, South Korea, Sri Lanka, and other countries to remit payments to one another in both USD…
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Sotheby’s-auctions-part-of-3ac’s-rare-nft-collection,-bringing-in-$2.4-million
CoinDesk Feed

Sotheby’s Auctions Part of 3AC’s Rare NFT Collection, Bringing In $2.4 Million

Sotheby's on Friday concluded its sale of several rare non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC) expansive collection, bringing in $2,482,850 to recoup some of the lost funds.The auction house launched its multi-part sale featuring NFTs from the Grails collection, formed as part of 3AC's asset portfolio primarily in…
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Users-will-decide-if-they-can-still-trust-ledger-with-their-seed-phrases
Cointelegraph Feed

Users will decide if they can still trust Ledger with their seed phrases

Self-custody is important in crypto, and security is essential to self-custody. Ledger, a notable hardware wallet manufacturer, has built its reputation on the secure storage of users’ private keys. Hardware wallets create a secure offline environment for storing keys and using keys to execute transactions.The user’s private keys are generated and stored within the device…
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Crypto-investment-fund-hashkey-in-talks-to-raise-$200m-at-$1b-valuation (report)
Cryptocurrency News Feeds

Crypto Investment Fund HashKey in Talks to Raise $200M at $1B Valuation (Report)

As Hong Kong takes center stage in the regional crypto business, local firms are trying to expand their customer base. One such firm, HashKey Group, is reportedly raising up to $200 million in funding to tap new opportunities. HashKey Eyes $200 Million in Funding Targeting a more significant share of the Asian crypto market, Hong…
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Cynthia-lummis-says-biden’s-30%-miner-tax-“isn’t-going-to-happen”
Cryptocurrency News Feeds

Cynthia Lummis Says Biden’s 30% Miner Tax “Isn’t Going to Happen”

Bitcoin-friendly Republican Senator Cynthia Lummis doesn’t think the Biden Administration’s proposed 30% excise tax on Bitcoin miners isn’t likely to make it through the House.  On stage at Bitcoin Miami 2023, the politician remained supportive of miners, and believes the industry’s proliferation throughout the United States is a matter of national security.  Mining: Dirty or…
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Bitcoin-frogs-best-selling-nft-for-24-hrs-as-btc-catches-pepe-mania
Cryptocurrency News Feeds

Bitcoin Frogs Best Selling NFT for 24-Hrs as BTC Catches Pepe Mania

The ordinals are coming in dank this week. Bitcoin Frogs was the #1 selling NFT collection for the 24-hour period on Wednesday. Frogs sales outpaced Bored Apes Yacht Club, CryptoPunks, and other popular collections for the day. The BRC-20 memecoin project describes itself as “10,000 unique frog collectibles minted directly on the Bitcoin Blockchain.” As…
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Bug-in-aave-v2-polygon-causes-some-assets-to-become-stuck-in-contracts
Cointelegraph Feed

Bug in Aave V2 Polygon causes some assets to become stuck in contracts

The bug only affects the Polygon implementation, and V3 is unaffected A bug in an older version of crypto lending protocol Aave is blocking users from interacting with Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC) or Wrapped Matic (WMATIC) pools on Aave V2 Polygon, preventing assets from being withdrawn from them, according to a…
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Blockchain-technology-platform-bakkt-looks-toward-europe-after-mica
Cointelegraph Feed

Blockchain technology platform Bakkt looks toward Europe after MiCA

Bakkt’s chief product officer, Dan O’Prey, expressed his optimism about the future of Bitcoin and the company’s outlook on regulated markets when he chatted with Cointelegraph at Bitcoin 2023. 148 Total views 6 Total shares The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt…
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