Crypto hackers steal $71M in November, bringing yearly total to $1.48B

The government of the Republic of Uzbekistan has ordered a 300% increase on electricity tariffs for cryptocurrency miners.According to a Sept. 27 announcement, the Cabinet of Ministers of the Republic of Uzbekistan has decreed that cryptocurrency miners must pay three times more the existing electricity tariffs. The provision follows an Aug. 22, 2019 decree from President…

The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%. 385 Total views 1 Total shares Stablecoin issuer Tether maintains a liquidity cushion of nearly $3.3 billion to provide stability to the Tether ecosystem and garner trust among shareholders. Tether’s reserves…

The Gibraltar Blockchain Exchange (GBX) announced that it is offering insurance on all of the assets listed on its platform, in an official GBX blog post Dec. 10.The exchange reports that it will use local firm Callaghan Insurance Brokers to insure its assets, specifying that “all assets in the custody of the GBX are fully…

1,817 crypto ATMs have been installed worldwide in the first two months of 2022. Last year saw 2,435 crypto ATMs installations in the same time window. 464 Total views 4 Total shares Over the last six months, Bitcoin (BTC) recorded numerous milestones — El Salvador’s mainstream adoption, a new all-time high of $69,000 and a…

The U.S. equity markets are on a tear as the traders cheer the largest jobs gain ever. This report has improved sentiment as it suggests that the blip in the economy due to the pandemic was temporary. Many traders who had been sitting on the sidelines are likely to jump into stocks due to fear of…

Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading. Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of an apparent prototype for trading BTC/Tether (USDT) options contracts:Source: @cz_binance official Twitter handle, April 3“Notice anything…

A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it was associated with the Fantom Foundation. 350 Total views 1 Total shares Hackers continue their relentless attacks, displaying no signs of slowing down. Shortly after the Multichain hack, scammers started spreading a phishing…

The U.S. Securities and Exchange Commission (SEC) has requested further comments regarding its decision on the listing and trading of a Bitcoin (BTC) exchange-traded fund (ETF), according to an official notice released September 20.The ETF under consideration is backed by investment firm VanEck and financial services company SolidX. Initially filed on June 6, the fund…

Casa finds ElectrumX to be the “best bang for the buck” for server implementations after test. 1008 Total views 48 Total shares Crypto custody firm Casa released results from its test to find a new way to connect to the Bitcoin network and found ElectrumX had the best bang for the buck.Casa founder and cypherpunk…