Bybit repays Bitget’s 40,000 ETH loan after $1.4B hack
Bybit swiftly repaid a 40,000 ETH loan from Bitget, ensuring smooth withdrawals after a $1.4 billion hack attributed to the Lazarus Group.
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6 Questions for Rob Viglione of Horizen
Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!This week our 6 Questions go to Rob Viglione, co-founder of Horizen.Rob is the team lead at Horizen, a blockchain platform that aims to…
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Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App
On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading. Open an account directly from within the app in minutesThe onboarding process for new customers…
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Rushing ‘token mapping’ could hurt Aussie crypto space — Finder founder
Australian crypto entrepreneur and investor Fred Schebesta has described the Australian government's prioritization of token mapping as “wonderful,” but warns that rushing it could lead to detrimental effects on the economy.Schebesta's comments come after Australian Treasurer Jim Chalmers released a statement on Aug. 22 stating that the “treasury will prioritize token mapping work" in 2022…
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Blockchain metaverse ecosystems gain traction as brands create digital experiences
Billion-dollar companies are taking the Metaverse by storm as consumers have shown heightened interest in virtual, interactive, three-dimensional experiences that take place online. While the “Metaverse” is still a new concept, research firm Strategy Analytics found that the global Metaverse market is forecasted to hit nearly $42 billion by 2026. This very well may be the…
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Germany’s blockchain funding increases 3% amid market downturn: Report
Germany's blockchain sector saw a total of $355 million in venture capital funding across 34 deals, which is a 3% year-on-year increase. 99 Total views 2 Total shares Germany has reached an all-time high in global venture capital funding share in 2023 despite a decline in the overall performance of the blockchain market across the
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Former product manager at OpenSea charged with insider trading
The charges are related to digital collectibles bought and sold on the NFT marketplace in September 2021. On June 1, United States prosecutors in Manhattan charged Nathaniel Chastain, 31, with insider trading. Chastain was a former product manager at OpenSea, the largest nonfungible token (NFT) marketplace. This will be the first case of its kind…
Optimism network transactions surged 67% following Bedrock upgrade — Nansen
The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward. Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing…
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Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase
Markets took a turn for the better after BTC reclaimed $40,000 and the excitement over Elon Musk buying Twitter translated to a 20% pump for DOGE price. 763 Total views 21 Total shares The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action…