German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure

Bilaxy cryptocurrency exchange is yet to announce the value of funds lost to a hacking incident that occurred on Aug 28. 772 Total views 220 Total shares Bilaxy, a lesser-known cryptocurrency exchange, has confirmed a major hacking incident, reporting losses of funds due to an exploit of the platform’s ERC-20 hot wallet.Bilaxy announced on its…

Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures. 239 Total views 1 Total shares The president of the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), Obinna Iwunna, has commented on the implementation of the Finance Act, 2023, which was signed into law…

Nonfungible token projects have raised billions of dollars in venture funding over the past year, underscoring heightened demand in the sector. 662 Total views 6 Total shares Digital asset curator Metaversal announced Tuesday that it has completed a $50 million funding round to further expand its investment capabilities in the nonfungible token (NFT) and metaverse…

ETH worth over $101 million had been returned to the lending protocol as of March 25. The exploiter still controls part of the stolen assets. 296 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe hacker behind the $196 million exploit on lending protocol Euler Finance has returned…

According to a Forbes report, the Telegram CEO has been accused of physically abusing his youngest child by his former partner.

Earlier this year, Ordinals — a unique inscription on the smallest unit of a Bitcoin, called a Satoshi — emerged as a controversial new development. Dismissed by some as spam and embraced by others as a way to bring BRC-20 tokens and NFTs to Bitcoin, the technology stimulated a flurry of developments. Now there is…

Texas-based Commercial Real Estate (CRE) marketplace Red Swan has tokenized $2.2 billion worth of real estate assets in partnership with security tokenization firm Polymath.Red Swan said it has 30,000 accredited investors already registered to use its platform, and has plans to tokenize a further $4 billion in property over the longer term. Red Swan will…

Major crypto exchange Binance has added support for multiple decentralized exchanges (DEX) to its Trust Wallet by integrating the Kyber Network protocol. The development was revealed in an official announcement shared with Cointelegraph on July 24.As previously reported, Binance acquired Trust Wallet — an open-source, decentralized wallet that initially offered native support for Ether (ETH) and…

Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.