Pixelverse PIXFI token rises nearly 50% in first hours after airdrop
Pixelverse airdropped 10% of PIXFI’s total supply to holders of its Rare, Epic, and Legendary non-fungible token (NFT) collections.
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DCG reaches ‘agreement in principle’ with Genesis creditors, debtors
The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out. 519 Total views 9 Total shares Digital Currency Group (DCG), a major venture capital firm in the cryptocurrency industry, has reached an agreement in principle with creditors of its crypto lending subsidiary, Genesis.According to a…
Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to ‘buy the dip’
The world's flagship Bitcoin spot ETF is back buying Bitcoin after spending four weeks reducing its holdings. 620 Total views 5 Total shares The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling.Data from on-chain monitoring resource Coinglass confirms that on April 27, Canada’s Purpose Bitcoin…
CoinEx exchange suspected of being hacked as $27M worth of crypto moved
A CoinEx hot wallet transferred $27.8 million of various tokens to a wallet with no previous history, leading experts to suspect a cyberattack. On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has
Mark Cuban owns 30% ETH because it’s ‘closest to a true currency’
Mark Cuban recently stated that Bitcoin is a better alternative to gold, and compared Ethereum's smart contracts to the internet boom of the late 1990s. 3847 Total views 53 Total shares Billionaire Mark Cuban believes Ethereum is the closest thing we have to being a true currency and views Bitcoin as a better alternative to…
U.S. Libra Hearings Day 1: Lawmakers Finding It Hard to Trust Facebook
The United States’ Senate Banking Committee raised a wave skepticism over Facebook’s crypto project Libra during the first day of testimony on July 16.The new hearing, called “Examining Facebook's Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System” is scheduled for 10:00 AM ET, July 17.As day two is coming in…
How the Bank of Japan wrecked the yen carry trade — and crypto markets
Why did the crypto market lose 15% of its value in one weekend? Thank the Bank of Japan for playing a starring role.
Here’s how traders use call options to increase their Bitcoin holdings
Crypto traders are drawn to the market by its bombastic growth and lucrative opportunities to make a profit. However, not every investor is seeking volatility or using degenerate leverage levels to gamble at derivatives exchanges. In fact, stablecoins usually comprise half of the total value locked (TVL) on most decentralized finance (DeFi) applications that focus on…
‘Unhackable’ Wallet Reportedly Breached, Hackers Claim to Meet Bounty Conditions
A group of researchers claims to have have hacked the Bitfi wallet, the Next Web reported Aug.12. Bitfi's executive chairman, cybersecurity pioneer John McAfee, has called it “the world’s first unhackable device.” To prove his claim, McAfee challenged security experts to breach the device for a $100,000 bounty starting July 24. Bitfi is a physical…