WBTC thief returns $71 million worth of stolen funds
On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved.
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Adam Back: Creating Altcoins More Attractive Than Building on Bitcoin
Bitcoin (BTC) technology pioneer Adam Back explained at the Transylvania Crypto Conference that there’s a greater financial incentive to creating altcoins compared to building on Bitcoin.Forbes reported Back’s remarks on Oct. 21, noting that he is also the co-author of the “Enabling Blockchain Innovations with Pegged Sidechains” paper about Bitcoin sidechains released about five years…

Grayscale launches Aave fund amid DeFi surge: Finance Redefined
While Grayscale launches a new Aave investment fund, Polymarket users face wallet breaches linked to Google logins.


Unwinding the hyperbole: Are US-based crypto firms really being ‘choked’?
An extended market price drawdown (crypto winter) throughout 2022 has tested the crypto industry’s mettle, and more recently, a crackdown by United States regulators on some prominent entities like Coinbase, Binance and Kraken has further shaken the sector.So maybe it’s only natural for the industry to employ colorful, vivid language to describe what’s been happening.…

Hong-Kong investment fund raises $500M to push mass adoption in Web3
The global asset manager HashKey Capital closed the funding round for its FinTech Investment Fund III, with which it plans to invest in startups and projects in the space perpetuating mass adoption. 186 Total views 5 Total shares Own this piece of history Collect this article as an NFTDespite the ongoing crypto winter, which has…

North America’s Largest Solar Bitcoin Mining Farm Coming to California
California-based mining company Plouton Mining will build North America’s largest solar-powered bitcoin mining farm, the company confirmed in a press release on June 25.Plouton, which is a subsidiary of Plouton Group Holding, says the site in Western Mojave will feature around 49 acres of solar panels generating 10-13 megawatts of electricity daily. The location was chosen…

Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%
No timeline exists as to when the internet will switch back on in the second-biggest Bitcoin mining country in the world. 1170 Total views 17 Total shares On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in…

Fidelity-Backed Crypto Analytics Firm to Integrate Twitter-Based Crypto Sentiment Feed
Crypto analytics firm Coin Metrics partnered with Social Market Analytics (SMA) to collaborate on a feed of real-time sentiment towards cryptocurrency based on social media data, according to a press release on June 17.The new partnership intends to collect and analyze data posted by crypto community on social media in order to provide a new…