Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined

The 13th birthday of the Bitcoin (BTC) white paper has crept up just as the world continues to deal with a global pandemic, inflation fears, an astounding memecoin mania trend and growing institutional adoption of the cryptocurrency space.On October 31, 2008, Satoshi Nakamoto released the Bitcoin white paper to a cryptography mailing list hosted by Metzdow.…

Reserve Bank of New Zealand however said that crypto and stablecoins should be more closely monitored. The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions, but has stopped short of calling for a “regulatory approach.”Ian Woolford, the Reserve Bank of New Zealand’s director of money and cash,…

The New York Times: “Reality Intrudes on a Utopian Crypto Vision.” Bloomberg: “The Next Crypto Bust May Be Spelled D-A-O.” The Guardian: “Are blockchain-based DAOs really a utopian revolution in the making?”Seemingly every week, another old-guard media outlet echoes the talking points of defenders of the status quo financial system who fear and distrust the…

An Israeli startup Starkware believes it can solve two of the most pressing issues in crypto trading — the inherent vulnerability of centralized exchanges and the low transactional capacity of decentralized ones. The venture was co-founded by professor Eli Ben Sasson, who was a founding scientist for Zcash (ZEC). Besides raising almost $40 million from prominent…

The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto hack after meeting with scammers posing as investors in a hotel lobby in Rome. The bizarre aspect of the story, according to co-founder Ahad Shams, is that the crypto was stolen from a newly set up Trust Wallet…

There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.

A sea of red greets traders on Wednesday as blame shifts to leveraged long traders and the need to liquidate their positions. 1940 Total views 11 Total shares Bitcoin (BTC) extended its price drop on Wednesday amid warnings that excessive long positions needed to be flushed out to allow for fresh gains. BTC/USD 1-hour candle chart…

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekRipple transfers 500 million XRP from its escrow walletRipple turned heads this…