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.
Related Posts
Trader cries foul play as $30K Bitcoin price dip ends in biggest-ever daily recovery
Bitcoin (BTC) saw its most successful recovery in history on Jan. 12 after testing $30,000 support, but market participants are already suspicious.Data from Cointelegraph Markets and TradingView followed Bitcoin as it swiftly bounced off lows of $30,250 late on Monday to seal 20% gains in just over 12 hours.Guggenheim sell advice under scrutinyComing even more…
Americans don’t want to give up their paper money, but they should
The recent health scare surrounding the COVID-19 outbreak seems to have accelerated the move toward a cashless society, with cashless payment spiking in concert with viral cases.Yet, our findings in a Genesis Mining study called “Perceptions and Understanding of Money 2020” indicate that a significant majority of Americans are not psyched about parting with their…
DeFi ain’t just about tokens, quality use-cases to overcome challenges
Blockchain technology is disrupting every sector of the global economy with its limitless opportunities and innovative products. Decentralized finance is one of the sectors that has been trying to shake the traditional financial ecosystem. The multitude of DeFi applications emerging all over the fintech space has provided solutions, such as lending, staking, exchange of derivatives,…
6 Questions for Jane Thomason of Kasei Holdings
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Jane Thomason, an entrepreneur and thought leader in technological innovation, fintech and blockchain for social impact. She is also…
ConsenSys Starts Compliance Service Focusing on DeFi
Joseph Lubin’s firm ConsenSys is entering the compliance market with the launch of a service for DeFi projects on the Ethereum network. 1204 Total views 34 Total shares Ethereum co-founder Joseph Lubin’s firm ConsenSys is releasing a compliance service to keep an eye out on transactions conducted by DeFi companies and exchanges trading tokens issued…
UK Gambling Commission charges Sorare for unlicensed facilities
The French website offers NFTs for fantasy sports team competitions and as collectibles.
Bitcoin ‘Maybe Is a Partial Store of Value,’ Concedes Nouriel Roubini
Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007-2008 financial crisis and a notorious critic of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of value.”Roubini made the concession during a panel together with a host of high-profile crypto industry figures such as Brock Pierce, Bobby…
FTX asset sales challenged by U.S. Trustee: Report
A U.S. Trustee filed an objection to plans by FTX to sell its units in Europe and Japan, among other businesses. 247 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTBankrupt crypto exchange FTX's plans to sell its digital currency futures and clearinghouse LedgerX, among other businesses, were challenged…