Stock market slump trickles into today’s Bitcoin and altcoin correction

Four malicious hackers and one white-hat have gone to town on ForceDAO during its launch day. 4197 Total views 21 Total shares Fledgling decentralized finance protocol ForceDAO has had a rough start, with several incursions from hackers taking place just hours after it launched.The Ethereum-based yield aggregator had only just launched its airdrop campaign on…

Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations. U.S.-based mining firm, Riot Blockchain, has more than doubled the number of next-generation Bitcoin (BTC) miners it has purchased, buying 1,040 Antminer S19s from Bitmain on May 6. The additional miners cost the firm $1.9 million, following Riot’s purchase of 1,000 S19s…

One unlucky BAYC holder just lost $167K in Bored Ape NFTs, Ronaldo’s still on the hook for Binance NFTs, and a fantasy influencer NFT game has topped Tron in fees.

The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this December. 775 Total views 5 Total shares Jamaica is aggressively progressing with the country’s central bank digital currency (CBDC) as the Bank of Jamaica, or BOJ, has…

Bitcoin (BTC) price took a bullish turn on March 10 as the digital asset surged to $8,150 before encountering resistance, which saw the price temporarily pullback to $7,730. The S&P 500 and Dow followed a similar trajectory by surging at the opening bell before pulling back sharply in the afternoon trading hours. “Unfortunately, a downward trend for…

OKEx is set to lift its withdrawal freeze first introduced on Oct. 15, claims the exchange cooperated with authorities and no foul play was discovered. 928 Total views 6 Total shares Major cryptocurrency exchange OKEx is finally resuming withdrawals of customer assets after weeks of waiting.The exchange first suspended withdrawals on Oct. 15, a decision…

In this week’s newsletter, read about how the metaverse may integrate touch and smell. Check out how the nonfungible token (NFT) project Moonbirds plans to become a global brand and how NFT marketplace Magic Eden will refund users affected by a recent exploit. In other news, find out how NFT image hosting issues can be…

There are many reasons why people own cryptocurrencies. One is to store cryptocurrencies as value due to the limited supply of coins like Bitcoin. Some people store cryptocurrency for speculation — meaning they aim to make a profit when a coin’s value increases against the United States dollar or other coins. One of the major reasons…