Bitcoin dips below $50K: Crypto market crashes 17%
BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion.
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Galxe protocol experiences DNS attack, losses top $150,000 so far and still growing
The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer. 47 Total views 1 Total shares The website of Web3 community platform Galxe was offline for about an hour on Oct. 6. Galxe reported on X (Twitter) that its website
Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour
Africa’s top golfers are set to receive Bitcoin prize money after ground-breaking sponsorship of the Sunshine Tour. 219 Total views 14 Total shares Top golfers from Africa and Europe will be eyeing lucrative Bitcoin (BTC) payouts at the end of the 2022 season after a new sponsorship of South Africa’s Sunshine Tour.The year-long season sees…
Binance’s US Trading Platform to Introduce Staking Rewards
Binance.US, the U.S. cryptocurrency trading platform of major crypto exchange Binance, will introduce stacking rewards in February.According to an announcement published by Binance.US on Jan. 29, staking rewards will be made available for Algorand (ALGO) and COSMOS (ATOM) starting next month.Staking support for more coins to comeFurthermore, the exchange announced plans to add other Proof-of-Stake…
Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims
The ongoing Nano saga has taken another twist with a token holder dropping his case. 292 Total views 3 Total shares An ongoing lawsuit involving crypto project Nano has taken another turn this week when the developers sought a sanction after the plaintiff dropped the case.The Nano team is after $701,000 in attorney fees and…
Russia: Cargo Shipping Firm to Use Blockchain in Port Logistics
Russian shipping logistics company Infotech Baltika will develop a blockchain-based system for the ports in which it operates, Russian maritime news outlet Morvesti reported on Feb. 11.To develop the blockchain-based solution, dubbed Edge.Port, the firm has partnered with Moscow-based blockchain startup Iconic.The network will reportedly allow participants in port activity to store all necessary documentation…
Cybersecurity Experts Warn Against Popular Phones and Losing Fingers to Criminals
Speaking at the RSA Conference in San Francisco, cybersecurity experts Aaron Turner and Georgia Weidman discussed two-factor authentication and biometrics as means to securing one’s phone. Although they concur that the two-factor authentication is the way to go, there are certain caveats.Authenticator apps like Google Authenticator generally provide better security than SMS-based schemes, however, they…
Ethereum ETF decision due in hours as BTC price gets $80K May target
Bitcoin and Ethereum markets face a crunch day with volatility predicted around the Ether ETF decision.
Malaysian Crypto Miners Were Caught Stealing Electricity From the State
They thought they had it made, but the Malaysian authorities were one step ahead. Malaysian police arrested four cryptocurrency mining operators after discovering that they were stealing electricity from the state-owned power firm, Sarawak Energy Berhad, or SEB.According to Malay Mail, authorities spent two days cracking down on four shophouses, believed to be housing cryptocurrency…