A security researcher discovered a software vulnerability that could have been exploited to steal as much as $200 million from three Ethereum-compatible parachains on Polkadot — Moonbeam, Astar Networ...
News
Sam Bankman-Fried wants to retain ownership of Robinhood shares worth $450M
FTX founder Sam Bankman-Fried wants to retain control of Robinhood shares worth $450 million on the basis that the bankrupt exchange has no “legal claims” over the assets, according to a Jan. 5 court ...
Huobi confirms 20% lay-offs as Justin Sun downplays latest FUD
Cryptocurrency exchange Huobi has confirmed planned layoffs at the company as part of the measures being taken to navigate the tough market conditions. The news comes as the native Huobi Token (HT/USD...
How Much Money Should I Keep In Savings vs. Checking?
how much money should i keep in my savings account How much money should I keep in my savings account? This is a valid question to ask if you’re interested in making the most of your money. Savings ac...
Flow and Avalanche Increasing but Snowfall Protocol is the Real Winner
On the lookout for the next 1000x hidden gem? Well, Snowfall Protocol (SNW) might just be the answer. Snowfall Protocol’s recent gains have made it one of the fastest-growing crypto assets in the mark...
Shiba Inu (SHIB) overcomes the dip and attempts a breakout!
Shiba Inu is a cryptocurrency launched to the public in August 2020 as a fork of the Ethereum blockchain. As a decentralized cryptocurrency, a peer-to-peer digital asset designed for storage value and...
How the SEC intends to change the crypto markets
Cryptocurrency is digital money and is still largely unregulated in many parts of the world. It is not uncommon for crypto investors to lose funds to scam crypto coins and exchanges. As the United Sta...
Genesis Trading lays off 30% of its Workforce As Bankruptcy Looms
Genesis Trading, a troubled crypto lending company, has laid off 60 more employees, or 30% of its workforce, according to sources. This marks the company’s second round of layoffs, after previously cu...
Mt. Gox first customer repayments delayed until September
Creditors from the defunct crypto exchange Mt. Gox will have to wait longer before receiving their funds after the platform’s appointed trustee announced key deadline extensions to the compensation ti...
Bitcoin miners return energy to distressed Texas grid
In the wake of the devastating winter storm in Texas in December 2022, Bitcoin miners returned up to 1,500 megawatts of energy to the grid, enough to power over 1.5 million small homes. This impressiv...
Eurozone inflation beats expectations, what will ECB do?
I wrote on Wednesday about how optimism had jumped in the wake of softer-than-expected inflation numbers out of France. Markets moved upward as investors turned their eyes towards today, when the all-...
Cardano Up 12% Weekly, Bitcoin Stopped at $17K (Market Watch)
Bitcoin initiated another attempt to overcome $17,000 yesterday but was stopped in its tracks as it has been in the past several times. The altcoins have retraced following a few positive days, with T...
Sam Bankman-Fried Seeks to Keep Grasp on $450M in Robinhood Shares
Sam Bankman-Fried has argued he should retain control of around $450 million in shares of financial trading app Robinhood, disputing a rival claim by the estate of the company he founded and once ran,...
Saudi Arabia’s new love for soccer could cause ripple effects
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia’s Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Footb...
Next Crypto Exchange On The Brink? Huobi Rumors Intensify
Multiple rumors surrounding Huobi and its supposed “shadow owner” Justin Sun are currently fueling fears that another crypto exchange may experience a bank run. Seychelles-based exchange Huobi has see...
Sell-offs hit UK equity funds hardest in 2022 as ESG gained
People walk along Waterloo Bridge past the City of London skyline, the capital’s financial district. U.K.-focused equity funds saw record outflows in 2022. Sopa Images | Lightrocket | Getty Imag...
BTC Drops By 0.20% As Silvergate Shares Plunge
Bitcoin Price Today 6 Jan 2023: The price of Bitcoin falls down after the news of Silvergate laying off employees breaks out. It is down by 0.20% in the last 24 hours. Bitcoin was trading for 16,878.6...
Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’ – Finance Bitcoin News
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regu...
The Expensive And Harmful Truth About Electric Vehicles
The CEO of Toyota was skewered recently when he expressed serious criticism about the auto industry’s headlong rush into electric vehicles (EVs) by saying, “We shouldn’t limit ourselves to just one op...
USDD Stablecoin Faces Possible Collapse Amid Huobi Insolvency Rumors
The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi. Mike Alfred, an...
Mt. Gox first repayments pushed back to September
The timeline for Mt. Gox financial details registrations and repayments has been pushed back by two months. The first tranche of repayments from Mt. Gox has been moved to Sept. 30 from July 31, ...
StarkNet overhauls Cairo programming language to drive developer adoption
Ethereum layer-2 scaling platform StarkNet has overhauled its in-house Cairo coding language to make Web3 development accessible to developers. An announcement shared with Cointelegraph outlines the u...
10 Biggest Canadian Oil & Gas Companies
The Canadian Oil and Gas Industry The oil and gas industry in Canada, as in other regions, is generally divided into three main segments: upstream, midstream, and downstream. Upstream companies engage...
The Year of Web3 Pets
It was always the plan to get them adopted. While we would have preferred to keep them, sadly, pet ownership doesn’t gel well with a career that calls for constant global travel; I’m sure crypto...
MSafe raises $5M for Web3 financial services
MSafe recently announced concluding a seed funding round, collecting $5M. Known for developing the first multi-signature wallet platform on Aptos. The round was led by Jump Crypto, while names like C...
Record 3.3 Trillion SHIB Moved as SHIB Hits This New Milestone
Yuri Molchan Trillions of Shiba Inu tokens have been wired, while SHIB has reached important new milestone Contents 3.373 trillion SHIB on move SHIB returns as one of top traded cryptos Popular crypto...
Bank of France Head Stresses the Need for Strict Crypto Regulation
Bank of France’s Governor stressed the need for strict regulatory frameworks for crypto firms. Francois Villeroy de Galhau made this statement before the voting of MiCA regulation. The MiCA regulation...
China’s big cities are starting to look past Covid, while rural areas brace for infections
Subway passenger traffic in Shanghai is quickly returning to levels seen before the latest Covid wave, according to Wind data. Pictured here is a subway car in the city on Jan. 4, 2023. Hugo Hu | Gett...
3AC liquidators subpoena founders on Twitter
The Three Arrows Capital liquidators have subpoenaed the founders of the collapsed Singapore-based hedge fund, urging them to provide all information concerning the defunct entity. Zhu Su and Kyle Dav...
Hawaii’s Kilauea Volcano Erupts Again—Prompting Officials To Raise Alert Level
Topline Hawaii’s Kilauea, one of the world’s most active volcanoes, began erupting on Thursday after pausing last month, the U.S. Geological Survey said, prompting officials to raise the volcano’s ale...
Chief legal officer departs FTX-linked Moonstone Bank
Moonstone Bank chief legal officer Joseph Vincent, a former top banking regulator, has left the financial firm, after being with the bank for just eight months. Vincent joined Moonstone, one of the sm...