Latest news — Page 556
Bricks (BRICK) Cryptocurrency Surges 110% in a Day Amidst Market Volatility
Bricks, the token of Reddit's Fortnite community, rebounded by 110% in a day despite its recent decline, with most trading happening on Kraken.
Former Employee Reveals Alameda Research's $200 Million Loss Due to Security Lapses
Alameda Research faced severe security lapses, leading to losses upwards of $200 million; FTX also suffered significant setbacks.
DeCurret Holdings Announces Ambitious DCJPY Cryptocurrency Launch in Mid-2024
DeCurret Holdings preps for 2024 cryptocurrency launch, drawing significant attention and fostering industry-wide digital currency discussions.
Platypus DeFi Protocol Suffers $2 Million Loss in Series of Flash Loan Attacks
Platypus DeFi faces repeated breaches this year, losing over $2 million in the latest series of attacks.
BarnBridge Turns to Token-Holding Community Amid SEC Regulatory Scrutiny
BarnBridge consults token holders after U.S. regulators scrutinize; seeks approval for compliance with SEC directives.
British Committee Expresses Concerns Over NFT Copyright Breaches and Fan Tokens
The British Culture, Media and Sport Committee suggests stronger copyright measures for NFTs and raises concerns over sports organizations using volatile digital assets.
Tornado Cash Sees 90% Drop in Usage After U.S. Government Sanctions
Tornado Cash's usage declines after U.S. sanctions, with transactions plunging from $2.8 billion to $425 million.
Bankman-Fried's Legal Team Seeks Clarification on FTX's Interest in Anthropic AI in Ongoing Trial
Bankman-Fried's lawyers seek to question former CEO Ellison about legal decisions and FTX's investment in Anthropic AI.
Untangled Finance Enters Celo Network with $13.5 Million Investment, Pioneering Tokenized Private Credit on Blockchain
Untangled Finance begins on Celo, raises funds, plans expansions, and integrates traditional financial assets with blockchain.
Lightning Network Growth Soars: 1,210% Increase in Two Years and 6.6 Million Transactions in August 2023
Bitcoin's Lightning Network reports over 1,200% growth in two years, with gaming and social media sectors contributing significantly.
Taiwan's WOO Network Annuls Three Arrows Capital Investment in Token Repurchase Deal
WOO Network reaches an agreement with Teneo to repurchase shares and tokens from the bankrupt Three Arrows Capital's 2021 investments.
Galxe to Compensate Hack Victims with an Additional 10% of Lost Funds
Galxe promises to return lost funds plus an extra 10% to users post-hack by October 16.
Blockchain Tool Provider, Blocknative, Streamlines Workforce by 33% Amidst Crypto Winter
Blocknative reduces its team by 33% amidst challenges in the crypto industry and focuses on core services for a sustainable future.
Middle East Conflict Triggers Over $100 Million in Crypto Liquidations
Digital currencies face a $100 million loss due to Middle East tensions, with Ether traders impacted the most.
Goldfinch Lender, Warbler Labs, Faces Potential $7 Million Loss on $20 Million Loan
Goldfinch lending platform's $20 million loan faces challenges due to Stratos' poor investments; Warbler Labs steps in.
Crypto Aid Israel Initiative Launched to Support Conflict-Affected Residents
Crypto Aid Israel formed by several crypto groups to assist Israelis impacted by the war, utilizing multi-signature wallets for cryptocurrency donations.
Experts Predict Bitcoin Price Surge Ahead of Halving Event
Bitcoin's price trends suggest a possible surge in value based on historical patterns before halvings.
Friend.tech Bolsters Security with 2FA Following Surge in SIM-Swap Attacks
Decentralized social media Friend.tech enhances security post alarming SIM-swap attacks on its users.
Ordswap Addresses Domain Issue and Offers Solution for Private Key Access
Ordswap, dealing with a domain issue, provides users a tool to retrieve private keys; users advised caution following suspected phishing tactics.
OpenAI's Sam Altman Praises Bitcoin's Potential in Combatting Corruption
OpenAI's Sam Altman praises Bitcoin's potential for reducing corruption while expressing concerns about central bank digital currencies.
Gitcoin Loses Over $460,000 in GTC Tokens Due to Transfer Error
Gitcoin's erroneous transfer leads to the loss of $461,000 in GTC tokens due to an inaccessible contract.
South Korea's Upbit Faces Surge in Hacking Attempts, Bolsters Security Measures
Upbit experienced over 159,000 hacking attempts in 1H 2023, with significant growth from previous years.
Fresh Developments in Sam Bankman-Fried's Legal Battle Over Anthropic Investment
U.S. officials push to limit asset recovery arguments in the Bankman-Fried trial concerning misappropriated FTX funds invested in AI startup Anthropic.
OpenSea Faces Accusations and Speculations Surrounding Former Employee's Ties to AnubisDAO Scandal
OpenSea responded to recent allegations linking ex-employee Kevin Pawlak to the 2021 AnubisDAO scandal, while blockchain experts express skepticism.
UK Financial Regulator Expands Oversight of Cryptocurrency Exchanges
The UK's FCA lists 143 crypto entities for caution; firms navigate a strict regulatory environment.
Surge in Digital Asset Investments: Crypto Market Trends and CoinShares' Expansion
Europe dominates recent global crypto investment surge; U.S. and Canada trail behind.
Stars Arena Secures Funding to Address $3 Million Gap After Security Breach
Stars Arena secures funds after a breach, promises rigorous security checks before its relaunch.
Elon Musk Faces Criticism for Role in Suspension of XRP-Related Account on X Platform
Elon Musk faces scrutiny over a suspended cryptocurrency account on X, stirring debate on platform censorship.
Huobi Global Recovers Stolen Cryptocurrency Funds and Rewards Hacker
HTX successfully recovered stolen cryptocurrency funds and thanked its community, while security breaches in the crypto world surged in 2023.
U.S. House Republicans Call for Stricter Controls on Semiconductor Exports to China Amid Advances in Chip Manufacturing
Top House Republicans push Biden to tighten semiconductor export rules to China, citing security concerns.
Galxe, Prominent Web3 Platform, Faces Security Breach and Deceptive Fund Collection
Galxe web platform suffers breach; links to previous attacks suspected. Losses in Web3 projects rise.
Former Voyager Digital CEO Faces Potential CFTC Enforcement Action
U.S. CFTC could act against ex-Voyager CEO Stephen Ehrlich over alleged derivative rule violations amid ongoing scrutiny.
Lawyer Criticizes Support for Former FTX CEO Sam Bankman-Fried Amid Trials
Lawyer John Deaton criticizes supporters of ex-FTX CEO Sam Bankman-Fried amid company's controversial downturn and legal battles.
Bitcoin Miners Report Rising Production in September with Shares Reaping Benefits
Marathon Digital, Riot Platforms, and CleanSpark see a surge in Bitcoin production in September, leading to increased stock values. Bit Digital experiences a slight dip.
Visa's Innovative Steps to Bridge the Gap Between Traditional Payments and Cryptocurrencies
Visa collaborates with crypto exchanges, enhances traditional-cryptocurrency payment integration, and navigates regulatory challenges.
CMCC Global Secures $100 Million to Boost Emerging Blockchain Businesses in Asia
CMCC Global in Hong Kong invests $100 million to support emerging Asian blockchain startups with focus on Hong Kong.
Tepid Response to Ether ETFs Prompts Focus on Bitcoin, Say Market Experts
Analysts from K33 Research recommend shifting from Ether ETFs to Bitcoin due to lackluster performance and market factors.
Argentina's Central Bank Director Supports Launch of Central Bank Digital Currency (CBDC)
Central Bank Director Juan Agustín D’Attellis Noguera supports the idea of a digital peso to tackle Argentina's economic issues, amid ongoing presidential elections.
Struggling Cryptocurrency Platform JPEX Advances Plans to Transform into DAO, Faces User Backlash
JPEX crypto exchange advances its plan to transition to a DAO and convert user assets into dividend shares, amid accusations of running an unauthorized platform.