Crypto firm’s CEO resigns after being robbed of company funds at gunpoint

Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million. Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle which had been ongoing for months.In a

Chainlink (LINK) returned to mimic the broader crypto market downtrend as its price fell alongside top coins Bitcoin (BTC) and Ether (ETH) on Nov. 8. LINK plunged by as much as 10% into the day to reach $8. While BTC and ETH slipped by approximately 6.5% and 9%. That contrasts with the trend witnessed on Nov.…

The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market. 557 Total views 16 Total shares Embattled lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million to crypto exchange FTX, prompting concerns from some in the community about whether…

As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.

Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), has been scathingly denounced as an opaque “stunt” backed by a centralized and debt-saddled entity, the Wired reports today, August 22. Amid rampant hyperinflation in the Venezuelan economy, President Nicolas Maduro has this week introduced a rebranded fiat currency – the sovereign bolívar – which will have five…

Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7. The new Ethereum network algorithm will reportedly allow a “more efficient” way of building decentralized applications (DApps) for private or consortium networks, where “all consensus participants are known and reputable.” In contrast…

Ankr protocol announced that it will be reissuing aBNBc tokens, promising that it will assess the situation and compensate affected users. 1343 Total views 12 Total shares Own this piece of crypto history Collect this article as NFTAs the BNB Chain-based protocol Ankr was exploited and the hacker dumped Ankr Reward Bearing Staked BNB (aBNBc)…

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