Bitcoin miner Riot Platforms reports record $211M Q1 net income
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.
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Survey: 27% of UK Residents Want to See Crypto in More Real-World Applications
27% of surveyed United Kingdom citizens hope to see cryptocurrencies in “real-world applications," according to recent research by U.K.-based crypto exchange CEX.io, technology news outlet BTCManager reported on June 27.CEX.io provided BTCManager the results of its recent survey focused on the level of adoption, application, and expectations of digital currencies in the U.K. The report…

Central Bank of Kenya seeks public input on potential CBDC
“A key opportunity where CBK sees potential value is the use of CBDC in facilitating cross-border transactions," the announcement reads. 310 Total views 10 Total shares The Central Bank of Kenya (CBK) has published a discussion paper on its central bank digital currency (CBDC), seeking public input on the potential benefits and risks and regulatory…

Fact or fiction? Did ApeCoin (APE) really drop by 80% since launch?
ApeCoin (APE), the governance token of the well-known Bored Ape Yacht Club (BAYC) NFT project was airdropped to BAYC and Mutant Ape Yacht Club (MAYC) owners at 8.30 AM EST on March 17 and only 8 hours after APE became tradable in the open market, it has already jumped to the 110th most traded token…

10 predictions for crypto in 2023
This year has been a particularly tumultuous one for the crypto market, with many decentralized and centralized entities failing or struggling to stay afloat. It feels as though we are in the final stages of the bear market, with bad actors and practices being purged in a process that is both dramatic and necessary for…
ChatGPT Plugin goes live for Hedera network
Users can view account balances through a Network Explorer or programmatically retrieve them via the mirror node REST API, which the plugin will utilize. 254 Total views 2 Total shares A convergence of blockchain and artificial intelligence (AI) has occurred between ChatGPT and HBAR, the native cryptocurrency of Hedera Hashgraph. By capitalizing on the decentralized…

Notorious Monkey Drainer crypto scammer says they’re ‘shutting down’
The scammer behind the crypto wallet draining kit even recommended an alternative and gave advice to budding cybercriminals. 775 Total views 14 Total shares Own this piece of history Collect this article as an NFTThe cryptocurrency phishing scammer behind some of the most high-profile and high-value Web3 thefts is claiming to have packed up shop…

Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH
According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club (BAYC) collection as collateral to drain the assets. 161 Total views 14 Total shares XCarnival, a liquidity provider for the Ethereum ecosystem, recovered 1,467 Ether (ETH) just a day after suffering an exploit that drained 3,087…

What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment
Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows.