Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bi...
Tag: news
Algorand Wallets Hacked Again | Blockchain News
Algorand-based wallets have been hit by security breaches in recent weeks, with MyAlgo and Algodex both experiencing hacks. MyAlgo urged users to withdraw their assets or rekey their funds after a Feb...
Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike
Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has reported an increase in its daily Bitcoin production for the month of February, despite a significant spike in network difficulty. Accordi...
Utah Passes Law Recognizing Decentralized Autonomous Organizations
The Utah State Legislature has approved a new law, the Utah Decentralized Autonomous Organizations Act, providing legal recognition and limited liability to decentralized autonomous organizations (DAO...
Hong Kong Suffers Surge in Crypto Scams in 2022
A large increase in the number of financial losses brought on by bitcoin scams has been seen in Hong Kong in the year 2022. According to reports from the local police, victims of cryptocurrency scams ...
South Koreans transacted $4.3 billion through illegal crypto exchanges
South Korea has been tightening its regulatory regime towards crypto exchanges, but it seems that some citizens are still engaging in illegal transactions. According to local sources, South Koreans tr...
China announces new financial regulator in governmental overhaul
China has announced plans for a governmental overhaul that includes the introduction of a new national financial regulator. On Tuesday, March 7, the government announced that it would abolish the Chin...
WeChat Adds Digital Yuan Payment Functionality
WeChat, China’s leading social networking and payment app, has now integrated the country’s central bank digital currency, the digital yuan, into its payment services, according to local r...
Binance Adds 11 Tokens to PoR Report
The proof-of-reserves (PoR) report of Binance, which is one of the most important and biggest cryptocurrency exchanges in the world, has been updated to include 11 new assets. MASK, ENJ, WRX, GRT, CHR...
Thailand Waives Taxes on Investment Tokens
Thailand’s government is taking further steps to benefit from the growth of the digital asset industry by waiving taxes on investment tokens. According to Reuters, Thailand’s cabinet has a...
Canaan’s Q4 2022 Revenue Declines by 82.1% YoY to $56.8M
Chinese Bitcoin miner and manufacturer of application-specific integrated circuit (ASIC) mining machines, Canaan, has reported an 82.1% YoY revenue decline to $56.8 million in Q4 2022, according to a ...
Here’s Some Bad News For ‘Hogwarts Legacy’ Players On Xbox And PlayStation
Hogwarts Legacy Credit: Warner Bros Hogwarts Legacy is currently only out on PC, Xbox Series X|S and PlayStation 5 but the game isn’t stopping there. The Wizarding World RPG is slated to land on older...
XRP, MATIC Rebound on Tuesday, Following Recent Lows – Market Updates Bitcoin News
Xrp rose higher in Tuesday’s session, as prices continued to move away from a long-term support point. Overall, sentiment in cryptocurrencies remained largely bearish, with the global market cap down ...
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders – Bitcoin News
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin an...
BTC, ETH Stall Ahead of Powell Testimony – Market Updates Bitcoin News
Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front...
Shellboxes, an Industry-Leading Cyber Security Firm, Declares Continuous Commitment to Protect Blockchain Projects From the Growing Threat of Cyber Attacks – Press release Bitcoin News
press release PRESS RELEASE. Shellboxes, a leading Web 3 company with top-level blockchain security and consulting services, has announced its commitment to help project owners stay protected amid ris...
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman – Interview Bitcoin News
While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chair...
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison – Bitcoin News
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully...
USD/CNY forecast after the latest China news on trade, geopolitics
The USD/CNY exchange rate continued rising as the National Party Congress (NPC) event continued. It also rose after the latest China trade numbers, which showed a dramatic increase in surplus as impor...
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study – Bitcoin News
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the...
Why Matthew Rhys Was Reticent About Returning As ‘Perry Mason’ But So Glad He Did
Matthew Rhys is ‘Perry Mason.’ HBO Max It’s been three years since the last series of Perry Mason, but Matthew Rhys is finally back as the titular lead character. However, he’s...
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the str...
Ripple Survey Suggests Latam Merchants Will Adopt Crypto Payments Massively After Three Years – Bitcoin News
Latam merchants will be slower in adopting cryptocurrency payments compared to merchants in other regions, according to the latest payments survey conducted by Ripple and the Faster Payments Council. ...
All Chip Stocks Aren’t the Same: Here’s Why We Chose This One
We started a position in Marvell (MRVL) late last week, a move we explained in greater detail in today’s Daily Rundown. Then the questions came in. Members asked why the Action Alerts PLUS inve...
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News
The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the E...
DeFi Funding Skyrockets 190% in 2022
The world of digital finance has seen a major shift in investments in recent years, with decentralized finance (DeFi) emerging as a clear winner in 2022. According to a report by CoinGecko, investment...
DeFi Suffers $21M in Losses from Exploits
Decentralized finance (DeFi) platforms have suffered significant losses due to a series of exploits in February, with at least $21 million in crypto being drained from seven protocols, according to De...