Bybit exchange hacked, over $1.4 billion stETH moved
A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds in the process.
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Game Developers Can Implement Cryptocurrency Alternative to Ad Revenue
Independent game developers face an almost insurmountable hurdle in their quest for success. Without a marketing budget, many have to give away their work for free. Their only hope is to recoup some of the development cost through in-game advertisements or micro-transactions — both of which are off putting to many potential players.Blockchain development team,…

Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses
Former FTX CEO Sam Bankman-Fried intends to call on a financial expert to rebuff testimonies from Caroline Ellison, Gary Wang, Nishad Singh and Adam Yedidia. 990 Total views 2 Total shares Sam Bankman-Fried’s lawyers are planning to put forward an expert witness to counter testimony from former Alameda Research CEO Caroline Ellison and other witnesses

U.K.’s Biggest Store Tesco Pumps Bitcoin With ‘Bill Gates’ Twitter Scam
The largest supermarket chain in the United Kingdom was left red-faced this week after hackers took over its Twitter account to promote a bitcoin (BTC) scam. The news surfaced via IT magazine Bleeping Computer on June 25.Tesco, which has almost 550,000 Twitter followers, lost control of its account and began claiming it would give away…

Former CFTC brass joins Andreessen Horowitz as an advisor
The company has brought former United States CFTC commissioner Brian Quintenz aboard its operation. 177 Total views 26 Total shares Crypto regulation has become an increasingly relevant topic over the past several years. To address these legal ins and outs amid the ever-changing regulatory waters, VC firm Andreessen Horowitz has called upon a previous leader…

Classic Trendline Breakout Sets Bitcoin for $10K Retest, Traders Say
The price of Bitcoin (BTC) dropped to as low as $9,100 on May 15 following a strong rejection at $9,900. In the short-term, traders still anticipate another upsurge to the $10,000 area, or at least to the $9,800 resistance level.Crypto market daily price chart. Source: Coin360Bitcoin at a critical point that may decide its trend…

Number of Bitcoin Cash Whales Drop Following 39% Price Surge
The number of Bitcoin Cash investors holding at least $3M dropped by 10 since Aug. 1 following the price surge to more than $311. Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings. According to Crypto Twitter…

Red Bull Racing scores $150M sponsorship with Bybit
Formula One team Red Bull Racing scores a multi-year partnership worth $50 million per annum with crypto exchange Bybit. 249 Total views 3 Total shares Following Red Bull Racing's most recent wins at Formula One (F1), the racing team scores a three-year partnership with Singapore-based crypto trading platform Bybit for $50 million per year. According…

Greg Foss says Bitcoin is a hedge against monetary inflation: Bitcoin Amsterdam
As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer. 420 Total views 7 Total shares