Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

We, as a society, are now experiencing a crisis of trust. The three pillars that we’ve had faith in all our lives — institutions, government entities and the media — have all failed us. From trusting financial institutions to guard our assets to expecting politicians to enact smart policies to hoping the media informs us…

The sustainability movement has emerged as a 21st century megatrend, and it shows no signs of abating. Record heat in Europe, wildfires in the U.S. West, floods in Pakistan, drought in China, and accelerating ice cap melt in Greenland and Antarctica have driven home to many the looming threat of climate change.  Meanwhile, the New York…

Cointelegraph analyst and writer Marcel Pechman explains how Argentina’s 150% inflation is actually helping the altcoin market by luring more investors. On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation, which proves that people continue to work and consume (somehow) even if their local currency…

A new report suggests that a notorious North Korea-affiliated hacking group may be behind last week’s $100 million Harmony attack. 600 Total views 10 Total shares The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According…

Gitcoin’s project lead said the snafu has resulted in nearly half a million in funds being forever locked in a one-way contract address. 251 Total views 9 Total shares Crypto developer platform Gitcoin has admitted to losing approximately $460,000 of Gitcoin (GTC) tokens after mistakenly sending the funds to an unrecoverable contract address.On Oct. 6

A new person has stepped forward and claimed to be Satoshi Nakomoto, the pseudonymous creator of Bitcoin (BTC). Debo Jurgen Etienne Guido made his claim in a letter filed with a federal courthouse in Florida on July 22. Guido addressed his letter to Judge Bruce Reinhart — the judge overseeing the ongoing Kleiman v. Wright case.…

Lightning Labs, the developer of the high-speed transaction protocol Lightning Network (LN), has secured $10 million in Series A funding round.The news was announced by Lightning Labs CEO and co-founder, Elizabeth Stark, in a blog post on Feb. 5. The company plans to allocate the raised funds to further development of the Lightning payments technology…

Generating a yield on crypto is increasingly tricky. The Terra ecosystem implosion — where up to $50 billion was wiped out — led to a decline in decentralized finance (DeFi) protocols offering interest.At the other end of the table, centralized finance, or CeFi, where all processes are rooted through a central body, has endured a comparatively peaceful…

DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools. 329 Total views 4 Total shares Ethereum automated market maker and decentralized finance protocol Balancer was exploited for nearly $900,000, the protocol confirmed on X (formerly Twitter) on Aug. 27, just days after disclosing a vulnerability that affected…