Oracle exploit drains $7.6 million from Rho Markets liquidity protocol

Average daily transfer value for Tether exceeded that for Bitcoin in August. The average daily transfer value for Tether has surpassed that of Bitcoin and PayPal according to recent research.A report by CoinMetrics has revealed that Tether’s 7-day average adjusted transfer value reached over $3.55 billion as of August 20. This is around 20% more…

LocalBitcoins COO Elena Tonoyan explains how the oldest peer-to-peer Bitcoin exchange is fighting against criminal activity on its platform. 694 Total views 9 Total shares Elena Tonoyan, the COO at LocalBitcoins, explains how the oldest peer-to-peer Bitcoin exchange has been stepping up the fight against criminal activities on the platform.As of 2019, LocalBitcoins has been…

It's 2021. Super Bowl champion Tom Brady is starting an NFT company, Christie's is explaining CryptoPunks to everyone, Saturday Night Live is creating jams about NFTs, Beeple and Mark Cuban are advocating NFTs’ use case — yet, here I am, the CEO of a company that helps users securely store their nonfungible tokens and I…

The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response. 251 Total views 2 Total shares Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would…

HBUS, the United States-based strategic partner of China-born crypto exchange Huobi, has announced the rebranding of its retail trading service from HBUS.com to Huobi.com. The rebranding was shared in a press release with Cointelegraph on Jan. 11.As reported, HBUS launched as a strategic partner of Huobi Group — the operator of the flagship Huobi Global…

U.S. manufacturer of household cleaning supplies SC Johnson and environmental organization Plastic Bank will open several plastic recycling centers in Indonesia, offering locals tokens for waste collection, according to a press release published Sunday, Oct. 28.SC Johnson, which owns such brands as Glade, Ziploc and Mr. Muscle, has revealed recent scientific data on the plastic…

A perennial question surrounding blockchain technology is: When will it make a mainstream impact? Understandably, enthusiasts in the industry are anxious to see this technology live up to its promise of empowering consumers, accelerating cross-border payments and bridging the financial inclusion gap for the under- and unbanked.The reality is that today, its scope is limited.…

After a $5 million disbursement, MiamiCoin is the first CityCoin to withdraw funds from its treasury. 128 Total views 4 Total shares Upon the announcement that Francis Suarez, Mayor of the City of Miami, took a $5.25 million disbursement from the MiamiCoin wallet, Cointelegraph inquired about how the city will use these funds.I’m so excited…

The number of lawsuits against former FTX CEO Sam Bankman-Fried has been racking up since the fall of his crypto empire, with the former “white knight” of crypto finding himself a defendant in seven class action lawsuits filed since FTX’s bankruptcy.These lawsuits are separate from the numerous probes and investigations examining FTX and Sam Bankman-Fried,…