EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

The gradual scale would impose the highest taxes on the cheapest electricity sources. 65 Total views 2 Total shares Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators. On Thursday, May 25, a lower…

The number of wallets holding between 1,000 and 10,000 bitcoin (BTC) has seen a sharp increase since the crypto market bottomed this winter, indicating significant accumulation during the price dip. The analysis was published in a new report from weekly crypto outlet Diar on May 28.Diar’s analysis begins by comparing bitcoin’s distribution landscape today with…

INDX, the Tokenized Masternode Investment Fund, has calculated the top-10 proof-of-stake (PoS) blockchains based on the expected yield of their tokens. The company did this by quantifying the volatility, volume, liquidity, risk and integrity. The tokens appear in order, from one to 10, based on the expected yield, as predicted by INDX’s proprietary algorithm. Related: Crypto…

Browser-based blockchain payments system Nimiq has acquired a 9.9 percent stake in Germany’s WEG Bank AG, according to an official announcement published on April 3.The stake acquisition comes as part of Nimiq’s new strategic partnership with WEG Bank AG and Swiss-Maltese decentralized cryptocurrency exchange (DEX) Agora.Trade.The three partners are working to create a crypto-to-fiat bridge…

An organization that provides a community currency for fans of Japanese anime just gained two new directors from Dentsu and Hakuhodo. 1156 Total views 9 Total shares Formed to connect fans of Japanese animation, the Otaku Coin Association has announced leading figures from the anime and the blockchain industry will join its leadership team.According to…

A TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry, according to a press release published on Feb. 6.The survey, conducted by top ten United States-based bank TD — a subsidiary of the Canadian multinational Toronto-Dominion Bank —…

European investment manager Peakside Capital Advisors has launched a real estate fund for the German market using blockchain technology, the company confirmed in a press release on June 12.The fund, which focuses on assets between €15 and €75 million ($17-$85 million), is a product of a partnership with German funds-as-a-service technology platform Brickblock.Bricklock operates ScalingFunds,…

In a U.S. courthouse for the Southern District of New York, Judge Katherine Failla heard this afternoon from three plaintiff teams suing iFinex et. al. and vying to serve as lead counsel in the emerging class action with potentially tens of thousands of injured members.IFinex’s Tether (USDT) stablecoin firm and its Bitfinex subsidiary are charged…

Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.