BingX confirms the resumption of withdrawal services following hack
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.
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Two Bitfinex Shareholders Say They’re Unconcerned by Insolvency Allegations
Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency by the New York Attorney General. The news was reported by cryptocurrency news outlet Coindesk on April 26.In January last year, Zhao Dong, a shareholder of the exchange, claimed on microblogging platform Weibo that…
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OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution
Since hitting a bottom below $3 on July 20, OMG price has hiked 380% and now targets a new multi-year high. 666 Total views 10 Total shares In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful…
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Ethereum Foundation deploys $120M to DeFi apps; community celebrates
Community members celebrated as the Ethereum Foundation deployed 45,000 ETH to decentralized finance protocols Aave, Spark and Compound.
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BTC whale population shrinks to early 2020 levels — 5 things to know in Bitcoin this week
Bitcoin (BTC) keeps pushing for a bullish end to February as the monthly close starts another week’s price action.The largest cryptocurrency looks set to preserve its gains as it closes the second month of 2023 — and is keeping bulls’ hopes alive in the process.Can the good times continue? The coming week could mean decision…
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Venezuela’s Petro White Paper ‘Blatantly’ Copied Dash, Ethereum Developer Says
Venezuelan state-owned cryptocurrency Petro has apparently plagiarized parts of its white paper from the GitHub repository of Dash. Core developer of Ethereum Joey Zhou pointed this out in a tweet posted Tuesday, Oct. 2.Zhou has tweeted that Petro, which has just been officially launched by president Nicolas Maduro, is "a blatant Dash clone." To illustrate…
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Bitwise launches NFT index fund for accredited investors
Accredited investors can now invest in some of the world's most valuable nonfungible tokens and art collections through the Bitwise Blue-Chip NFT Index Fund. 504 Total views 15 Total shares In an effort to democratize access to nonfungible tokens, art collections and other digital assets of value for the masses, Bitwise Asset Management launched its new…
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Silvergate begins NYSE delisting process as it readies to cut 230 staff
The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an SEC filing. 60 Total views 2 Total shares The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange (NYSE) and 230 staff will be let go, Silvergate Capital…
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Crypto wallets will evolve into ‘filing cabinets’ by 2030 — Crypto exec
Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”