Largest Bitcoin mining firm sold 63% of mined BTC in May

FTX laid out the millions it paid to the likes of Shaquille O’Neal, Naomi Osaka and other high-profile people it’s looking to get back. 272 Total views 2 Total shares Bankrupt crypto exchange FTX is probing if it can reclaim the millions of dollars paid to celebrity athletes and sports teams that promoted the exchange

Daily traded volume of cryptocurrency contracts on the Huobi Derivatives Market (DM) has broken past $1 billion, according to a press release shared with Cointelegraph on Dec. 27.Huobi Global — which operates the world’s third-largest largest crypto spot market trading platform — launched Huobi DM last month. The new platform allows traders to trade Bitcoin…

Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution. 103 Total views 1 Total shares Polygon's zero-knowledge scaling arm, Polygon Zero, is accusing developers of Matter Labs of copy-pasting "a substantial amount of source code" from its Plonky2 library, according to an announcement…

Samsung SDS, the IT arm of tech giant Samsung, has developed BankSign, a blockchain-based certification tool for banks, according to an official announcement August 27. The development by Samsung SDS is a joint project with the Korea Federation of Banks (KFB). BankSign aims to provide a simple transaction method within various banking systems by requiring…

US mining firms are confounding pre-halving expectations by hodling the BTC they mine.

The Bitcoin community was quick to point out a $150 million penalty paid by Deutsche Bank for serving Jeffrey Epstein. 1229 Total views 14 Total shares Deutsche Bank was recently ordered to pay a $150 million fine for “significant compliance failures” in its relationship with alleged child sex trafficker, Jeffrey Epstein. The Bitcoin community on…

Crypto trader Scott Melker says that while stocks and Bitcoin (BTC) have appeared to move in tandem since Black Thursday: “They are not correlated assets”.In a Twitter thread for his 84,000 followers, “The Wolf Of All Streets” outlined his theory about why Bitcoin will tread its own path during the financial crisis. Melker looked at…

The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain the bridge’s funds over a long series of transactions.Nearly the entire $190.7 million in crypto has been removed from the bridge, with only $651.54 left remaining in the wallet, according to decentralized finance (DeFi) tracking platform DeFi Llama.Nomad bridge…

Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on the layer-two. 647 Total views 30 Total shares Leading data oracle provider Chainlink has announced its successful launch on Arbitrum One — the beta mainnet deployment of layer-two Ethereum…