MicroStrategy purchased $1.5B in Bitcoin last week

Interactions with Ethereum DApps are soaring, but ETH price has failed to react.

Binance users can now deposit any ERC-20 tokens from the Ethereum network using Arbitrum quickly and at a reasonable cost. 988 Total views 18 Total shares On Friday, Binance announced the integration of the Arbitrum One core network and opened Ether (ETH) deposits on the Arbitrum One layer two.Arbitrum is a third-generation layer-two optimistic rollup…

Binance claims to have assisted British prosecutors in an investigation of an online fraud that resulted in over $51 million losses by victims.Criminal is now jailedOn Sept. 26, Binance’s chief compliance officer Samuel Lim published a blog post saying that the exchange was working with the Cyber Crime Unit of the United Kingdom’s Metropolitan Police…

This week, two major news within the precious metals industry broke. First, the world’s largest diamond company, Russia’s Alrosa, joined a blockchain project aimed at increasing transparency. Secondly, the world’s largest bank, JPMorgan, reportedly started to use its blockchain to tokenize gold.Indeed, blockchain has been pioneering both gold and diamond industries — complex ecosystems that…

South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11.Bithumb, South Korea’s largest exchange, lost around 14 billion won ($13 million) two weeks ago in an event executives believe was masterminded by an insider.Now, Bithumb has…

Smart contract auditing firm Hacken CEO Dyma Budorin thinks Web3 cybersecurity providers are failing the crypto industry and that “huge blind spots” in market practices are impacting investor behavior.Budorin believes a lack of accountability and transparency in the audits many providers perform falls short of reassuring users and projects.Currently, smart contract auditors take no accountability…

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekNew York Judges Rules Securities Laws Be “Flexible” And Apply…

Bitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves. Miners also preordered ASICs at a hefty premium and some raised funds by conducting IPOs. As the crypto market turned bearish and liquidity seized within the sector, miners found themselves in…

Circle attributed its miscalculated financial projections to Binance implementing USDC to BUSD auto-conversions and the recent collapse of FTX. 382 Total views 3 Total shares Circle, the company behind the issuance of USDC Coin (USDC) said recent events have caused it to miscalculate its financial projections — referring to the collapse of FTX and a decision…