Polygon Discord compromise hits Avalanche, ZKsync hours later
The Discord servers of several high-profile blockchain projects were all hit with similar attacks over the weekend — all sharing links to sham token distribution schemes.
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Here’s why Ethereum, AAVE, ALPHA are unfazed by Bitcoin’s latest ‘Elon candle’
Bitcoin (BTC) and altcoins' markets lost a combined total of up to $602 billion overnight in a shocker brought forth by Elon Musk.The billionaire entrepreneur did an about-turn on his decision to accept Bitcoin for the electric vehicles offered by his company Tesla. He cited environmental concerns, noting that Bitcoin mining requires many fossil fuel…

Crypto mining still profitable in the long-term, expert says
Steve Bassi said that a long-term holder may do well mining in the short run and then selling when the block reward goes down in 2024. 50 Total views 57 Total shares From the great migration to the bear market, crypto miners went through many challenges throughout the year including a shift in profitability. However,…

Ripple acquires crypto-friendly prime broker Hidden Road for $1.25B
With Hidden Road’s $3 trillion clearing, Ripple is set to become the “first crypto company to own and operate a global, multi-asset prime broker.” Blockchain-based payments network Ripple announced it has acquired crypto-friendly prime broker Hidden Road following its win in a long-running battle with securities regulators in the United States. Ripple is acquiring Hidden

Bitcoin dominance hits 54% — Highest in 2.5 years as BTC halving approaches
BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%–60% range during the 2021 bull market, at times even dipping below 50%. 470 Total views 2 Total shares Bitcoin’s (BTC) market dominance has reached 54%, its highest in the last 30 months, indicating the top cryptocurrency is strengthening just

OneCoin Crypto Ponzi Scheme Used Fake Reviews to Improve Its Image
Research conducted by the Digital Forensic Research Lab (DFRLab) of the Atlantic Council think tank suggests that the infamous cryptocurrency-themed Ponzi scheme OneCoin used fake reviews on TrustPilot and Quora to lure investors.According to a report published on Jan. 29, OneCoin received an anomalous number of five-star reviews on TrustPilot after the media started negatively…

‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners
Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primarily used to mine Bitcoin (BTC).These issues could result in the machines overheating and in some cases, completely breaking down.The firm’s mining operations team warned in its Mar. 6 post…

Crypto Markets Trade Sideways, Gold Tries to Find Direction Ahead of Trump Address
Tuesday, Feb. 5 — cryptocurrency markets are trading sideways and reporting mild losses. Bitcoin (BTC) is struggling to stay in the green, while other major coins are experiencing a downward trend.Market visualization from Coin360The leading digital currency BTC is trading at around $3,468 at press time, having gained a modest 0.16 percent on the day.…

Rep. Tom Emmer proposes to defund SEC’s crusade against crypto
Rep. Tom Emmer added a provision in the House GOP spending bill that would block the SEC from using government funds to pursue crypto companies until Congress weighs in on who has jurisdiction over crypto. 126 Total views 1 Total shares Pro-crypto Congressman Tom Emmer is advancing an amendment aimed at depriving the United States