Lykke crypto exchange acknowledges hack after halting withdrawals
The Lykke team acknowledged that they halted withdrawals after an attack drained $22 million in crypto from its wallets on June 4.
Related Posts


Here’s why Bitcoin might be safe from a global stock market crisis
One of the reasons behind Bitcoin's (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it "digital gold," a truly scarce and perfect store of value (SoV). Others consider Bitcoin a technology project or a type of software with a corresponding network.El Salvador's adoption as…

Over 35 fake Elon Musks live-streamed during SpaceX launch
“This is not a fake, this is a real giveaway. I personally guarantee it to you,” one of 35 deepfake versions of Elon Musk promised.

The Bahamas gets a card for its sand dollar national digital currency
The Central Bank of the Bahamas partnered with Mastercard and digital payment startup Island Pay to launch a card for its central bank digital currency. 1437 Total views 9 Total shares The Bahamas is moving to make its national digital currency more accessible by launching a prepaid card for the “sand dollar.”The Central Bank of…

Law Decoded: Constitutions of the future will be ratified by DAOs, Nov. 15–22
An online initiative to secure a rare copy of the U.S. Constitution shows the power of Web 3.0 collective action. 188 Total views 3 Total shares A haphazardly assembled online group of passionate people who formed a decentralized autonomous organization, or DAO, and pooled a spectacular amount of Ether (ETH) for a noble cause came tantalizingly…

Riot Blockchain’s Bitcoin mining productivity dropped 28% YOY amid record Texas heat
"The company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas,” said Riot CEO Jason Les. 89 Total views 3 Total shares Crypto mining firm Riot Blockchain reported it produced fewer Bitcoin (BTC) in July 2022 than that in July 2021 after scaling down operations at its Texas…

Early Ether investor sells all his ETH, plans to buy parents a house
Early Ether buyer liquidates ETH stash “hodled” for five years. 2879 Total views 8 Total shares A Redditor named “u/FollowMe22”, 27, says he has finally sold off the last of his Ether (ETH) stash acquired back in 2016. According to the Reddit post, he began buying ETH back in 2016 when the price was slightly…

Bitcoin rips and cruise ships: Bad crypto news of the week
Check out this week’s Bad Crypto podcast. 174 Total views 5 Total shares It’s been a good week for the crypto markets. Bitcoin finally burst through the $11,000 ceiling, and kept going. According to some experts, the coin could be on its way to a full 2017-style bull run. Other analysts have identified five events…

How much intrigue is behind Kusama’s parachain auctions?
Eleven projects joined the race when Kusama parachain auctions started on June 15. A few more got in during the latter auctions of the first batch. With impressive gains to the tune of 900,000 KSM (approximately $180 million, at the time of writing), are Kusama auctions still fair and democratic, or is everything already decided…