Binance assists BtcTurk attack probe, freezes $5.3M in 'stolen funds'
Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.
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Virtual land in the Metaverse dominated NFT sales over past week
Based on NFT and Metaverse sales over the past week, the demand for digital land outpaced all other items, art, and collections. 950 Total views 5 Total shares Digital land is in high demand in what is already a highly lucrative market as the past week’s NFT and Metaverse sales figures revealed. Data from the…

FTX plans full pay back all creditors ‘plus billions in compensation’
Under the plan, 98% of FTX creditors will get at least 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX.

Creating self-sovereignty in the creator economy and Web3 — Is there room for both?
On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3. Plavnik referenced author Gavin Wood when describing Web3 and said that “communication” is a core tenant in the subsequent iteration of the internet.…

‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec
Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan.

Litecoin Mimblewimble Integration Sees Test Build and Codebase Progress
Litecoin and Grin++ developer, David Burkett, has posted an April progress update on Litecoin’s Mimblewimble integration, claiming that a testing framework has been built and codebase integration has started. 2710 Total views 55 Total shares The lead developer on the Litecoin Mimblewimble (MW) project, David Burkett, has now built a functional testing framework and started…

South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report
Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse. 387 Total views 6 Total shares Authorities in South Korea have reportedly requested Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, to appear as part of an investigation into the collapse of the…

EOS price jumps 20% for biggest gain in 15 months — what’s fueling the uptrend?
EOS rose approximately 20% to reach $1.66 on Aug. 17 and was on track to log its best daily performance since May 2021.Initially, the EOS rally came in the wake of its positive correlation with top-ranking cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), which gained over 2% and 3.75%, respectively. But the upside move was also driven…

Bitcoin price: Why $14K looks eerily similar to $700 during the 2016 election
While most investors and traders anticipated massive volatility to occur through the election hours, little has happened. Bitcoin’s price is still relatively stable and hovering under the crucial resistance of $14,000.At the same time, Bitcoin's price has been moving in tandem with equity markets over the past 24 hours.Bitcoin still can’t break the $14,000 resistanceBTC/USD 1-week chart.…