Hackers have carted away $100 million in cryptocurrencies from Horizon, a blockchain bridge, in the latest significant theft in the crypto industry. Although there are currently few details about the incident available, Harmony, the company behind Horizon, claims...
The first blockchain implementation, Bitcoin, spurred considerable experimentation with blockchain technology, particularly in the financial services industry. As blockchain technology grows increasingly popular, large organizations and startups are looking for ways to apply it outside the financial services...
There have been massive corrections in the prices of cryptocurrencies in the past two months. The market capitalization of all cryptocurrencies is now $896.65 billion, down from a peak of $3 trillion in November 2021. A weak global...
Although the crypto market is weak right now, a new bitcoin miner has commenced operations at a 6 MW solar-powered facility in western Colorado. The mining operation of Aspen Creek Digital Corporation (ACDC), which was established in January,...
This week's cryptocurrency news is focusing more on regulatory discussions than market turbulence. Indeed, it appears that policymakers want to restrain the development of blockchain technology. The Federal Reserve and the U.S. Securities and Exchange Commission (SEC) publications...
The introduction of blockchain technology into the gaming world ushered in the advent of the GameFi niche. GameFi refers to an ecosystem where you can earn and trade in-game currency by playing games or performing tasks. This allows...
The cryptocurrency markets have recovered slightly over the past two days, with Bitcoin now trading at $20,000. The markets are expected to remain volatile over the coming days. In the last 24 hours, the market capitalization of all...
According to FBI special agent Sean Ragan, LinkedIn scammers attempting to convince people to invest in cryptocurrency seriously threaten user security. Ragan stated in a CNBC interview that he believes LinkedIn has an issue with investment fraud. This...
On-chain data shows that Inverse Finance, an Ethereum-based DeFi protocol, was hacked for more than $1.2 million in cryptocurrencies on June 16th. The exploiters committed the atrocity by using a flash loan attack to fool the protocol and...
In yet another indication of the growing unrest in the crypto community, Babel Finance, the second major digital-asset lender this week to halt withdrawals, informed clients that it was experiencing exceptional liquidity difficulties due to recent market falls. ...
