World’s largest Bitcoin miner announces $250M raise to buy more Bitcoin

The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work. Own this piece of history Collect this article as an NFTCryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon bridge attack on Jun. 24, 2022. Around $1.4…

The Ethereum community has been hard at work over the past few years, laying the foundation for its shift away from its current proof-of-work (PoW) algorithm which has formed the backbone of the blockchain’s operation up until today.Ethereum’s switch to its proof-of-stake- (PoS-) powered Ethereum 2.0 chain is edging closer to reality, with recent updates…

Big tech investor Baillie Gifford has backed the largest single investment in major crypto wallet service Blockchain.com. 1640 Total views 14 Total shares Baillie Gifford, a 110 year-old asset management firm known for its early bets on firms like Tesla, has invested $100 million in major cryptocurrency wallet service Blockchain.com.Blockchain.com co-founder and CEO Peter Smith…

Speaking to the Coinist Podcast on June 4, CEO Su Zhu said he believes the Bitcoin price pattern that we saw on June 1 is likely to repeat. 161 Total views 1 Total shares Su Zhu, the CEO of Three Arrows Capital, thinks that as long as crypto traders continue to do business with derivatives…

Fairfax County continues to invest public retirement funds in the cryptocurrency space, highlighting the 'short-term nature' of yield farming as an appealing portfolio diversifier. 37 Total views 12 Total shares Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move…

The number of open contracts for the Chicago Mercantile Exchange’s (CME) bitcoin (BTC) futures is reportedly at an all-time high, cryptocurrency news outlet Coindesk reported on June 3.According to visible data released by the United States Commodity Futures Trading Commission (CFTC) data, the number of open positions for the aforementioned future contract in the week…

Binance has mobilized nearly one-quarter of its Polkadot ecosystem fund to lead Plasm Network’s Series A funding round. 1781 Total views 5 Total shares Binance Labs has led a $2.4 million Series A funding round for Polkadot-based smart contract platform, Plasm Network.Plasm Network's funding round is the first investment made using Binance Labs’ $10 million…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets were exploited for over $32 million,…

Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra.“Something feels very un-American about this”After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to leave Libra, Brian Armstrong, co-founder and CEO of major U.S. crypto exchange Coinbase, called the action “un-American” in…