July crypto hacks total $266M, WazirX leads losses

Bitcoin (BTC) was testing $9,500 on June 16 after a recovery from near three-week lows stalled at classic resistance levels. Cryptocurrency market daily overview. Source: Coin360BTC price focuses on $9,500Data from Cointelegraph Markets and CoinMarketCap showed BTC/USD gaining $600 over the past 24 hours to hit highs of $9,570.On Tuesday, Bitcoin’s progress stalled, with $9,500 proving…

The team behind a private digital currency for secure payments says its goal is to make every consumer their own bank — enabling them to send and receive crypto with the gadget of their choice.Xeonbit says its peer-to-peer technology ensures that every user’s accounts and transactions are “out of reach to any prying eyes.” A…

The company building Moonbeam is focusing on integration work and a renewed marketing push. 2456 Total views 10 Total shares PureStake, the company behind the Moonbeam and Moonriver networks, two parachain candidates for Polkadot and Kusama, respectively, announced a successful $6 million raise.The funding round was led by CoinFund and included participants such as Binance…

The exchange faces ongoing rumors about its stablecoins reserves and an alleged investigation by Chinese authorities. 147 Total views 4 Total shares Cryptocurrency exchange Huobi has seen outflows worth $64 million between Aug. 5-6, amidst ongoing rumors about its solvency and that Chinese authorities were investigating its executives. Outflows over the weekend resulted in the…

NFT platform HeyLayer has partnered with the Stacks Foundation to host an event in the vSpace Metaverse to celebrate International Women’s Day.The ‘HerNFT’ event will feature the work of more than 30 women nonfungible token (NFT) artists, including Goldy Succi, Mother Pop, Kaylee Hawley, and others. Their work on the Stacks blockchain will be on…

A new study by Uswitch revealed which countries are ready to embrace the metaverse by more technical standards, such as fixed broadband speeds and prices. 1374 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTThe metaverse and digital reality experiences are barreling toward consumers, whether they are ready…

The Google trends data for the popular search terms in 15 countries showed that “Ethereum” searches outscored "Bitcoin" in 14 of them. 42 Total views 1 Total shares The crypto market crash in April saw most cryptocurrencies lose more than 60% of their valuation from the top, leading to an overall downturn in trading activity,…

Crypto-focused companies have come a long way since their beginnings in terms of corporate structure, employee motivation, decision-making systems, compliance and other aspects of their operations. While the early 2010s saw startups founded by small groups of crypto enthusiasts, the space has since grown to become home to large institutional businesses.Still, crypto companies are engaged…

Noah Davis, the non-fungible token (NFT) specialist at auction house Christie’s, has said he’s leaving the position in July to take up a post as brand lead for the CryptoPunks NFT collection with Yuga Labs.Announcing the move on June 19 in a Twitter thread, Davis looked to quash any anxieties holders had regarding the future…