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news Singapore-based cryptocurrency exchange Bitrue has been hacked for around $4.2 million in user assets. The platform announced the breach in tweets, saying that the event was identified at around 1 a.m. local time Thursday. Users funds are insured and anyone who lost cryptocurrency would be refunded, according to the company. The exchange said: “First…

Aug 18, 2020 at 16:13 UTCBlockchain Bites: Hashrates Drop, Bitcoiners Hodl and an Open Letter to BankersFloods are dampening bitcoin mining hashrates, Ethereum Classic may be thrown off its most popular exchange and bitcoin is moving off exchanges. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin rose slightly on Thursday as traders digested concerns of a ruling in the FTX court case that temporarily spooked markets earlier this week. BTC added

To actually make it in Web3, much like practically every other industry, founders have to start with a gap they can realistically address. The impetus for starting Sending Labs, for example, came from our founding team noticing that Web3 had virtually no cohesive communications infrastructure, especially at the group level.

Sep 11, 2020 at 06:00 UTCSTAY TUNED: The ECB, led by Christine Lagarde, could decide Thursday to boost its “quantitative easing” asset-purchasing program to 40 billion euros ($22 billion) a month. (Image: Shutterstock)ECB President: Europe Has Fallen Behind in the Digital Payments GameA European Central Bank (ECB) panel tasked with exploring a central bank digital…

2022 for crypto was an unprecedented hellscape of disasters – and the collapse of FTX was its culmination.It was also unprecedented for CoinDesk. Unlike any previous moment of failure in crypto history, this time we found ourselves at the epicenter, as our reporting triggered the events that unfolded.This resulted in a weird mix of bad…

Bitcoiners have struck a significant victory in their push to strike down the U.S. Department of Energy’s statistics unit’s “emergency” bitcoin mining order. According to court documents, the Energy Information Administration is dropping its mandatory survey sent to hundreds of miners in favor of the proper notice and comment period required by law. The EIA

Dec 26, 2019 at 17:00 UTCOn today’s holiday episode of Markets Daily, we’ll define and demystify the blockchain term “ HODL”Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary…

news The head of the U.S. House of Representatives Financial Services Committee wants Facebook to stop developing its new Libra cryptocurrency network – at least temporarily. Congresswoman Maxine Waters asked Facebook to halt development of the Libra Network until hearings can be held. The move follows a letter written to her by her Republican counterpart, Representative…