Indonesian crypto exchange Indodax goes offline after suspected $22M hack
The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations.
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Fireblocks launches crypto payment engine with Checkout.com and Worldpay as pilot partners
Checkout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine. 216 Total views 3 Total shares Following a successful pilot phase, digital asset custody platform Fireblocks has launched its new payment engine for merchants, opening up pathways for businesses to settle and accept cryptocurrency transactions across jurisdictions. Fireblocks’ new Payments Engine…
Bitcoin miner Northern Data says it has no financial debt, expects $204M in revenue for 2022
At the midpoint, the guidance represents a growth of 1.1% from its revenue in 2021. 314 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTAccording to a new letter to shareholders posted on Dec. 21, Aroosh Thillainathan, CEO of German Bitcoin (BTC) mining company Northern Data, said that…
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations
Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become "insolvent" in the future.USDN plunges 15% despite WAVES backingUSDN dropped to as low as $0.822 on April 4 with its market capitalization also diving to $824.25 million, down 14% from its year-to-date…
Oslo Freedom Forum: The best Bitcoin conference that isn’t about Bitcoin
If I had to choose one Bitcoin conference to attend, it would be the Oslo Freedom Forum — and it's technically not even about Bitcoin.
I predicted FTX’s collapse a month before it happened
The collapse of FTX has shown that where there’s smoke, there’s fire.In a year filled with jaw-dropping unveilings, none compare to the bewildering fall of Sam Bankman-Fried’s FTX exchange. While many were stunned, there were a few tell-tale signs that may have indicated not everything was peachy-perfect over at FTX headquarters.These issues began to compound…
Readying the Blockchain Industry for the Next Wave of Adoption
Who knows what’s responsible for the current bull run? It could be the upcoming halving, it could be the Chicago Mercantile Exchange’s debut of institutional-grade crypto-backed options, or it could even be the coronavirus. Whatever the reasons, it seems safe to say that the crypto winter is well and truly behind us. If this trend…
Jack Dorsey announces Bitcoin Legal Defense Fund
The fund will help provide a legal defense for Bitcoin developers and will include a team of volunteers and part-time lawyers. 826 Total views 18 Total shares Former Twitter CEO and founder Jack Dorsey has announced plans to create a “Bitcoin Legal Defense Fund” with Chaincode Labs co-founder Alex Morcos and Martin White, who appears…
Ether investment products register first weekly inflows in 10 weeks
CoinShares data reveals that the worst of the crypto market downturn may have passed as institutions bought the dip. 514 Total views 28 Total shares Inflows into cryptocurrency investment funds rose sharply last week, with Ether (ETH) products breaking a nine-week spell of outflows in the latest sign that institutional managers were re-accumulating assets. Digital asset…