Roaring Kitty fraud suit dropped, Ethereum Foundation hacked, and more: Hodler’s Digest, June 30 – July 6
Roaring Kitty fraud lawsuit voluntarily dropped, Ethereum Foundation email server hacked, and Circle becomes first MiCA-compliant stablecoin issuer.
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White hat hackers have returned $32.6M worth of tokens to Nomad bridge
The cross-chain bridge was drained of its assets in less than three hours. 510 Total views 17 Total shares Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. The…
Games need decentralized randomness to be fair
Quantum mechanics tells us that what looks like a highly predictable and orderly universe is built on a world of unpredictability and mere probability. While the quantum world looks bizarre, it can be understood and even harnessed for technology like semiconductors, LEDs, and quantum cryptography. Something similar can be said about randomness in the metaverse.
Spain’s new bill proposal complicates crypto for citizens
Spain’s new anti-tax fraud bill includes crypto implications. 86 Total views 1 Total shares Awaiting parliamentary approval in Spain, a fresh bill draft intends to cut out illegal tax dealings, as first reported by Cointelegraph’s Spanish branch. This could mean smaller business transactions as well as mandatory crypto-asset reporting, even for assets held or transacted…
SEC ‘regrets any confusion’ from dubbing tokens as securities: filing
The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations.
UK Startup Puts Haitian Farmers and Their Crops On the Blockchain
A UK tech company recently announced a blockchain ecosystem for farmers in Haiti, bringing clarity to the supply chain while bolstering sales.Agriledger, a blockchain outfit based in the UK, was responsible for building this new ecosystem. Their goal was ensuring that farmers receive adequate pay for their crops, a Feb. 28 post from Spring Wise…
Converting mining sites to AI data centers isn't seamless: Sabre56 CEO
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.
Stone Ridge board approved plan for ‘liquidation and dissolution’ of its Bitcoin fund
“Effective after the close of business on October 3, 2022, the Fund’s shares will generally no longer be available for purchase," said a Stone Ridge filing with the SEC. 335 Total views 5 Total shares Stone Ridge Asset Management, whose holding company is behind the New York Digital Investment Group, has filed notice with the…
Top 5 cryptocurrencies to watch this week: BTC, DOT, UNI, LINK, XMR
Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on Sep. 12 to about 45% today. This shows that the strong recovery in cryptocurrencies has largely been led by Bitcoin. This sharp run-up in Bitcoin has pushed the Fear and Greed indicator into…