WazirX to reverse trades after $235M crypto hack

Crypto analysis firm DappReview published its quarterly report examining transaction volumes for decentralized applications (DApps) on April 8.The report finds a significant increase in total DApp activity during the past three months when compared to Q1 2019, despite a drop in the number of new projects and users.Quarterly DeFi volume nearly doubles year-over-yearWhile Quarterly Ethereum-based…

Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October. As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets Pro…

A software developer from Ohio is taking on extra work at Door Dash to grow his stack of Bitcoin. 218 Total views 2 Total shares What did you do in the 2022 bear market, anon? For one Bitcoiner, the opportunity to take on a second job to “stack sats” (buy more Bitcoin (BTC)), was too…

The new NiceHash firmware will combine the advantages of two products.

Today, yield aggregator Harvest Finance and multi-service platform Value DeFi — two Ethereum-native decentralized finance (DeFi) protocols accounting for nearly a billion dollars in total value locked between them — announced planned expansions to Binance Smart Chain, the smart contract platform built by crypto exchange giant Binance.Not everyone in the Ethereum community is ready to…

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!Top Stories This WeekFrenzy as Uniswap launches new governance tokenUniswap stole the show this week when it announced it was launching UNI, its very own governance token. A total of 1 billion tokens will exist, and…

Several members of the House of Lords voiced concerns about children’s online activities in legislation aimed at regulating “anything communicated by means of an internet service.” 270 Total views 2 Total shares Legislation aimed at regulating certain internet services in the United Kingdom should cover activities in the metaverse, according to members of the House…

According to a filing with the United States Securities and Exchange Commission, the Chinese company The9 Ltd bought 5,297,257 tokens during a Telegram initial token offering in January 2018 for $2 million dollars. The filing also states that The9 has invested in multiple blockchain-based companies as of 2018. According to a report by Russian business news…

IRS Commissioner says crypto gains are taxable in the cannabis industry as the IRS treats cryptocurrencies as property. 122 Total views 15 Total shares The Internal Revenue Service (IRS) continues to propose new tax reforms to regulate the crypto investments in the United States, with the latest notice sharing tax obligations for the marijuana industry.The…