July crypto hacks total $266M, WazirX leads losses
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers.
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Crypto P2P scams in India show digital asset education is needed
Peer-to-peer (P2P) cryptocurrency trading has been a staple of the cryptocurrency community since the industry’s early days. P2P trading refers to the direct exchange of cryptocurrencies between two users without the involvement of intermediaries. P2P exchanges link buyers and sellers while also adding an extra degree of security through an escrow service. Some of the key…

Polkadot co-founder Gavin Wood steps down as CEO of Parity
Wood will remain the company’s majority shareholder and take on the title of chief architect, where his focus will shift to developing and promoting the mass adoption of Web3 technology. 129 Total views 2 Total shares Gavin Wood, the co-founder of Polkadot, is stepping down as the CEO of blockchain infrastructure company Parity Technologies. Parity…

Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt
After having about $290 million locked at Digital Currency Group, Bitvavo decided to pre-fund the assets on its own and is now looking for full repayment. 257 Total views 2 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency…

Bitcoin Price Rallies 13% to Break Through $11,000
Bitcoin price rallied to $11,394 and surging volume suggests bulls have plans to press the price even higher. 2025 Total views 11 Total shares Within the last hour Bitcoin (BTC) price pushed through the $11,000 level in a high volume surge which saw the price reach a new 2020 high at $11,394. At the time of…

Smart contracts and the law: Tech developments challenge legal community
Smart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s. The mechanism of a vending machine has since been frequently given as an example of a basic smart contract based on if-then logic. The…

Canadian Bitcoin Educator Outwits Scammer, Donates Money to Charity
A Canadian Bitcoin (BTC) educator has scammed a crypto scammer and subsequently donated the money to charity.As the Canadian Broadcasting Corporation reported on Aug. 7, Ben Perrin — a YouTuber who runs an education channel about cryptocurrencies and a marketing director at a Bitcoin exchange — received a scam message offering an investment scheme that…

Blender and Sinbad operators face US money laundering charges
Two Russian nationals face charges of conspiracy to commit money laundering and operating an unlicensed money-transmitting business, while one remains at large.

IMVU to integrate Immutable X for NFT gaming
Together Labs partnered with Immutable X to facilitate carbon-conscious NFT activity within the IMVU ecosystem. 437 Total views 23 Total shares Immutable X, the scaling solution for layer-2 NFT protocol Immutable, has penned an agreement with Together Labs to integrate into the platform's native social metaverse IMVU. The partnership will foster the creation and distribution…