Investor shares story of falling victim to $100K crypto hack
“I thought that my heart would stop,” said Matthias Mende as he told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker.
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“Only fools are choosing Bitcoin” over gold, according to renowned gold proponent Peter Schiff.In a March 24 tweet, Schiff expressed his negative view of the intellectual capabilities of Bitcoin (BTC) investors. He wrote:“Only fools are choosing Bitcoin. So far this year gold is up over 7%, while Bitcoin is down 3%. Gold is only 2%…

Digital money lag threatens international security
Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability.

CryptoKitties Developer Receives $15 Mln in Financing Round Led by Rockefeller Venture Arm
Dapper Labs, developer of the world’s most used blockchain app CryptoKitties, has received $15 million in another financing round, global news agency PR Newswire reported on Nov. 1.The new funding will help the Canada-founded Dapper Labs to expand it services on a local and global scale, as well as to address infrastructure issues and to…

UMA overtakes Yearn.Finance as the biggest ‘DeFi’ protocol on Ethereum
The decentralized finance (DeFi) landscape is rapidly changing day after day. On Sept. 1, UMA overtook yearn.finance as the biggest “DeFi” protocol on Ethereum with a $1.3 billion market cap.Data from CoinMarketCap shows six DeFi projects are now above $500 million in valuation. The six projects are UMA, yearn.finance, Aave, Maker, Synthetix and Compound.DeFi tokens…

SEC halts trading for blockchain company run by former Ron Paul staffer
A blockchain company run by an ex-staffer of former Presidential candidate Ron Paul has received a temporary trading suspension from the SEC. The United State’s securities watchdog has placed a temporary trading suspension on the stock of Vortex Blockchain Technologies until October 6. The Securities and Exchange Commission (SEC) cited confusion over the nature of…

‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report
Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised. 342 Total views 44 Total shares New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022.According to a mid-year update on cyber threats by American cybersecurity company SonicWall,…

KIP Protocol reveals involvement in Javier Milei-endorsed Libra
"Not a single SOL will be used outside of the purpose of running Project Viva La Libertad," KIP Protocol CEO Julian Peh wrote on X.

‘10:1’ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital
BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years.