US charges Canadian over $65M KyberSwap, Indexed Finance hacks

Binance, the world’s largest cryptocurrency exchange and owner of crypto pricing website CoinMarketCap, is getting closer to one of the most crypto-sceptical jurisdictions in the world, China. After leaving the country amid a nation-wide crypto ban in 2017, Binance has now officially registered a Chinese domain.Binance.cn, Binance’s new Chinese domain, has been registered with China’s…

A recent Bitcoin scam on Twitter that compromised several major companies verified accounts came from a third-party app, tech news outlet the Next Web (TNW) reports Friday, Nov. 16, citing social media officials.Speaking to TNW, a Twitter spokesperson confirmed that the attack came from an outside software provider and not from Twitter’s own system. However,…

The company forecasts it will generate up to $98 million in annual revenue. 235 Total views 3 Total shares On Friday, Bitcoin (BTC) mining company PrimeBlock announced that it is merging with special purpose acquisition vehicle (SPAC) company 10X Capital Venture Acquisition Corp II. The deal places PrimeBlock at an enterprise value of $1.323 billion…

Bitcoin (BTC) held on exchanges is down to where it was at the 2017 BTC price all-time high, data confirms.Tracked by on-chain analytics firm Glassnode, the latest figures show less than 12% of the BTC supply now resides in exchange wallets.Analyst: BTC price "on the cusp of true price discovery"Bitcoin returned to exchanges during the…

Bitcoin transactions are in rapid decline as the cryptocurrency market continues to shed value since its recent peak. 6129 Total views 5 Total shares The global crypto market lost $200 billion overnight leading into Tuesday morning, adding to $300 billion losses for the week. Momentum pushed the global market cap down since Bitcoin (BTC) hit…

PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider. 686 Total views 2 Total shares PayPal made major progress toward creating its own blockchain ecosystem by filing a patent application for a nonfungible token (NFT) purchase and transfer system. The application, filed in March and published Sept.

Niklas Nikolajsen, the founder of Swiss crypto broker Bitcoin Suisse, predicts that Bitcoin (BTC) will move to Proof-of-Stake (PoS) once the Ethereum (ETH) network has proved the algorithm’s success.Bitcoin’s current Proof-of-Work (PoW) consensus algorithm — the pioneering concept which in fact pre-existed Bitcoin, but has since come to be indissociable from the cryptocurrency — “will…

Graham Ivan Clark may not be the only juvenile responsible for the massive Twitter breach on July 15. The FBI executed a search warrant against a 16-year-old Massachusetts resident in connection with the massive Twitter breach.According to a New York Times report, on Sept. 1 authorities raided the home of a 16-year-old boy who may…