Crypto lender Shezmu recovers hacked funds through negotiation
Shezmu recovered nearly $5 million in stolen crypto through negotiations with a hacker and agreed to a higher bounty.
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Bank of Israel steps up CBDC efforts with reported tests on Ethereum
Israel's central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum's technology. The claim was made by the Israeli financial news site Globes and later reported by BNN Bloomberg.Globes' sources for its claims are not disclosed: the report alleged that the Bank of Israel…
European Space Agency Awards €60K for Blockchain Satellite Wallet
The European Space Agency (ESA) has awarded a 60,000 euro ($66,400) grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet.According to an announcement published on Sept. 18, the new grant comes via ESA’s “kick-start activities” fund. SpaceChain’s project, if successful, also stands poised to secure additional funding in the future from ESA's…
Debate rages over Bitcoin power law as critics label it a ‘magic trick’
The Bitcoin power law has come under intense debate, with critics on one side and fierce advocates on the other.
Binance vs. SEC: How low can BNB price go?
The market capitalization of BNB (BNB) has dropped by more than $7 billion since June 5 when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance. BNB price eyes technical bounceThe impact of the SEC lawsuit on Binance has been substantial so far with BNB down nearly 15% week-to-date.BNB daily market capitalization.…
Derivatives data shows pro traders turning bullish on EOS price
EOS rallied in May after Block.one, a blockchain software firm, announced a $10 billion funding round to build an EOS-based crypto exchange platform called Bullish. The EOSIO development company revealed that it had raised capital from Peter Thiel and Mike Novogratz, as well as hedge fund managers Alan Howard and Louis Bacon.In light of the…
Marathon Digital experiments with overclocking to increase competitive advantage
According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC. 284 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTOne of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared…
Stablecoin issuer Paxos reportedly probed by New York regulators
While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year. 337 Total views 9 Total shares Own this piece of history Collect this article as an NFTPaxos Trust Company — the New York-based stablecoin issuer behind…
Kraken exec: 5 reasons why Bitcoin is ‘at the beginning of a bull run’
Bitcoin (BTC) is “at the beginning” of an extended bull run and there are increasingly clear reasons to accept it.That was the opinion of Dan Held, head of growth at United States cryptocurrency exchange Kraken, who listed the latest evidence for bullish Bitcoin on Aug. 24.Many commentators have argued that Bitcoin is just getting started…