Hackers got away with $440M in 28 exploits in Q3: Report
The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024.
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Former Investor Sues OneCoin Scheme, Seeks Class Action
Former OneCoin investor Christine Grablis is suing the cryptocurrency investment scheme for fraud, according to a complaint filed on May 7.Grablis is seeking damages and a class action suit to represent other investors purportedly defrauded by OneCoin.The full list of defendants in this lawsuit — Grablis v. OneCoin Ltd. — includes OneCoin Ltd, Ruja Ignatova,…
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Riot Blockchain is set to acquire a Texas data facility for $650M
The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors. 4164 Total views 22 Total shares Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the United States-based miner is set to purchase Whinstone US Inc, currently owned by Northern…
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Australian Securities Exchange takes step towards tokenized asset trading
Companies on the Australian Securities Exchange (ASX) could be able to trade tokenized bonds, equities, funds, or carbon credits after a successful proof-of-concept trial led by the digital asset investment platform Zerocap. On Monday, Melbourne-based digital asset investment platform Zerocap told Cointelegraph it had successfully used Synfini to bridge over its custody infrastructure onto the…
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Binance.US leaves Blockchain Association to form own DC government affairs team
The U.S. affiliate of the world’s largest crypto exchange says it’s time for its own voice, and major lobbyist Blockchain Association wished them well. 276 Total views 2 Total shares Binance.US announced today that it is creating a team in Washington to engage with lawmakers on digital asset policy. Simultaneously, it has withdrawn from the…
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Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
Digital regulatory professionals have predicted the wide use of stablecoins worldwide by 2030, despite the current competition between TradFi and DeFi. 601 Total views 3 Total shares Own this piece of history Collect this article as an NFTRegulated stablecoins are in the spotlight of policymakers as a panel of professionals in the digital regulatory space…
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Unstable Bitcoin price to pivot investment flow to gold, mining chief says
Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assurance of the former. 1663 Total views 8 Total shares Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far…
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Crypto community rallies with Ukraine as local NFT artists’ works sell out
In an act of solidarity, crypto enthusiasts from all over the world are helping the people of Ukraine press through difficult times. 649 Total views 33 Total shares It appears that crypto enthusiasts worldwide are rallying in support of Ukrainians during the difficult times. According to reports, Bitcoin (BTC) donations to Come Back Alive, a non-governmental…
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Multichain under fire from users as hacking losses grow to $3M
Multichain users have lost over $3 million due to an unsolved security vulnerability that appeared in six supported tokens on Jan. 17. 866 Total views 8 Total shares Hackers have continued to exploit a critical vulnerability in the cross-chain router protocol (CRP) Multichain that first appeared on Jan 17.Earlier this week, Multichain urged users to…