With a downfall of 4% in the last week and an almost 40% fall from its all-time high (ATH) near $69K, Bitcoin struggles to grip tightly to the $40K psychological mark. From the glassnode insights, an on-chain analytics firm...
Last year was eventful for cyberattacks, as the crypto ecosystem was dotted with news of different protocols being hacked. According to a report by Chainalysis, a blockchain analysis firm, North Korean hackers plundered close to $400m in cryptocurrencies from...
The economy of Svaneti, a region in Georgia, has been facing economic downtime with the COVID 19 pandemic because the spending on tourism in the region took a hit. As the pandemic came, residents had to seek an alternative,...
China's digital yuan wallet app has become one of the country's most downloaded apps within a week of launching. This development could disrupt the consumer payment market that has been dominated by Alipay and WeChat Pay. Downloads of the...
Coinbase, the U.S. based centralized crypto exchange, acquired FairX, a derivatives exchange, as a way of entering the derivatives markets. The world’s third-largest crypto exchange by 24-hour volume is known for following the guidelines of local regulators, and in...
Centralized Finance (CeFi) organization and leading USD stablecoin issuer, Tether, has frozen the funds attached to three Ethereum addresses with a value of over $150 million of USDT stablecoin These addresses were amongst the first in 2022 that were...
The NFT realm seems to be a strange place, as a 22-year Indonesian student has made over a million dollars selling NFTs of his selfies. Sultan Gustaf Al Ghozali took his selfies and tokenized them into NFTs on the...
Mayor Eduardo Paes announced his plan to invest 1% of their treasury in Cryptocurrencies during the Rio Innovation Week on Thursday. On Friday, Paes published a decree establishing a working group on the subject. He spoke about the challenges...
Jack Dorsey, the founder and former CEO of Twitter announced the creation of a Bitcoin Legal Defense Fund. The fund was created with partnership from Martin White, a scholar at the University of Sussex, and Alex Morcos, the co-founder...
Lympo NFT Platform, a subsidiary of Animoca Brands, lost $18.7 million to hackers. The intruders stole 165.2 million LMT tokens through a hot wallet security breach. Through its medium page, the Lympo team announced that the intruders “stole a...
