August sees 215% rise in crypto phishing, $55M lost in single attack
The majority of the stolen funds is accounted for a major phishing incident that cost an unfortunate user $55 million.
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A Blockchain company in Seoul may be ground zero for a fresh resurgence of COVID-19
A major South Korean tech hub is under scrutiny by local health authorities. According to Asia Kyungjae, at least 44 employees of an unnamed South Korean Blockchain company recently tested positive for COVID-19. The employees have since been quarantined.The report states that the company is based in the southern Gwanak District of Seoul; a well-known…

NBCUniversal veteran could replace Elon Musk as Twitter CEO: Report
Elon Musk announced his departure as Twitter CEO on May 11, suggesting his replacement would be a woman who would take over within roughly six weeks. Reports from major media outlets have suggested that NBCUniversal’s chair of global advertising and partnerships, Linda Yaccarino, could follow Elon Musk as the next chief executive officer at Twitter.According…

Crypto Biz: Crypto’s day of reckoning has arrived
Who would’ve thought that the implosion of Terra, the collapse of Three Arrows Capital and the bankruptcies of Celsius and Voyager wouldn’t be the most terrible crypto stories of 2022? In retrospect, crypto’s day of reckoning — and the new low for the cycle — hadn’t arrived even after all these tumultuous events. The industry’s cyclical…

Phishing fears as trade in crypto event attendees’ details revealed
Cointelegraph obtained data set samples packed with sensitive information of crypto conference attendees that could be a treasure trove for scammers.

Polygon Labs and NEAR announce ZK prover for WASM integration
The Polygon CDK will soon include a ‘zkWASM’ prover, allowing Web Assembly networks to integrate with the broader Polygon ecosystem. 217 Total views 13 Total shares The developers of the NEAR and Polygon networks are teaming up to create a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains, according to a joint announcement on Nov.

Grayscale Accumulates 34% of New BTC as Weekly Investments Tag $30 Million
Crypto fund manager Grayscale Investments is believed to have purchased one-third of new Bitcoin for three months. 2216 Total views 61 Total shares Grayscale Investments, a crypto investment fund manager and subsidiary of Barry Silbert’s Digital Currency Group, is estimated to have purchased up to one-third of all newly minted Bitcoin during the past three…

Dubai Debuts Nationwide Data Platform Powered by Blockchain
The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform. 1214 Total views 8 Total shares This platform is set to become a nationwide system for exchanging verified customer data.Dubai’s Department of Economic Development, or DED, and state-run bank Emirates NBD are rolling out their so-called UAE KYC Blockchain Platform.120 local…

Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply
Demand is keeping up with increasing activity from whales this week, the latest data confirms. 3617 Total views 20 Total shares Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week.As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority…