UwU Lend offers a $5M bounty to whoever catches its exploiter
The UwU Lend hacker has now stolen a combined $24 million from the protocol across two attacks.
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Lithuanian tax service’s first confiscated crypto sale nets $7.6M
The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro. 2041 Total views 12 Total shares The Lithuanian government has reportedly sold a batch of cryptocurrency seized by local enforcement agencies.The State Tax Inspectorate, or STI, the country’s tax authority, sold confiscated crypto assets worth 6.4 million euro ($7.6 million) and…

Microstrategy lost $146M to Bitcoin impairment charges in Q4 2021
MicroStrategy currently holds a total of 125,051 BTC acquired for $3.78 billion at an average price of $30,200 per Bitcoin. 697 Total views 23 Total shares MicroStrategy, the fortune 500 company with a 125,051 Bitcoin (BTC)-strong treasury, announced its Q4 2021 financial results on Feb. 2.The institutional software solution provider reported a net loss of $146.6…

Twitter Hackers Caught Using BitPay and Coinbase on Hack-Related Wallet
The Twitter hackers had used one of the addresses involved, which shows transactions to BitPay and Coinbase. 2223 Total views 23 Total shares The Twitter hackers who compromised more than a dozen celebrity accounts on Wednesday appear to be consolidating their funds to an address that had earlier sent money to BitPay and Coinbase.According to…

$1.26B in Ethereum options expire on Friday and bulls are ready to push ETH price higher
Ether's (ETH) 53% rally between July 13 and 18 gave bulls an edge in July's $1.26 billion monthly options expiry. The move happened as Ethereum developers set a tentative date for the "Merge," a transition out of the burdensome proof-of-work (PoW) mining mechanism.Ether USD price index, 12-hour chart. Source: TradingViewAccording to some analysts, by removing…

China: World’s Fourth Largest Bank by Assets Trials Blockchain Loans Backed by Land
The Agricultural Bank of China (ABC), the world’s fourth-largest bank by assets, has issued its first loan on blockchain, local news outlet Financial News reported July 31. State-owned ABC, which counts itself among China’s “Big Four” lenders, revealed it had issued a loan worth around $300,000 backed by a piece of agricultural land in the…

Speculators flock to Arbitrum IOU tokens ahead of this week’s ARB airdrop
Crypto exchanges looking to capitalize off the Arbitrum airdrop fever have launched IOU and derivatives for ARB, an early sign of the excitement that will unfold on March 23. 187 Total views 3 Total shares Own this piece of history Collect this article as an NFTDevelopers from the Arbitrum Foundation announced the launch of Arbitrum…

What is fiscal policy, and why does it matter?
Fiscal policy is a tool used by governments to regulate economic activities in their country. It involves the use of government spending, taxation and borrowing to influence economic growth, stabilize inflation and maintain a stable economy. This article will explain what fiscal policy is, how it works, and why it is important.What is fiscal policy?Fiscal…

Cointelegraph Accelerator welcomes Web3 venture builder GAMI as a strategic partner
GAMI, a Web3-focused Venture Builder, hosts a variety of products tailored to the web3 and blockchain world, with partners like Gerard Lopez, a globally renowned entrepreneur and investor. 276 Total views 7 Total shares Cointelegraph Accelerator, the startup booster leveraging Cointelegraph’s media capabilities, has announced GAMI — a Web3 Venture Builder — as its new…