Category: Cryptocurrency

Aug 05
Experts find private keys on Slope servers, still puzzled over access

Blockchain analysis firms involved in the Solana exploit investigation unpack the latest developments as teams try to figure out how private keys were stolen. 1177 Total views 28 Total shares Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets.  Investigations are […]

Aug 05
Binance Card users now have access to XRP, SHIB and AVAX

Binance Card owners now have access to 14 supported cryptocurrencies, including XRP, AVAX and SHIB, among others. 196 Total views 14 Total shares Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the possibility to access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX).  […]

Aug 05
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. 5161 Total views 19 Total shares Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits […]

Aug 05
Crypto fundraising hits $30.3B in H1, outpacing all of 2021: Report

The Messari report noted that more than $30 billion was raised from 1199 funding rounds in the first half of 2022. 904 Total views 63 Total shares Despite the ongoing market slump, the cryptocurrency sector has already raised $30.3 billion in funds, outpacing an entire year of fundraising in 2021, a new report shows.  In […]

Aug 05
Vitalik: Centralized USDC could decide the future of contentious ETH hard forks

Speaking at the BUIDL Asia event in Korea, Vitalik Buterin said that centralized stablecoins like USDC & USDT will become significant deciders in future hard forks. 221 Total views 17 Total shares Ethereum co-founder Vitalik Buterin says that centralized stablecoins such as Tether (USDT) and Circle USD (USDC) could become “a significant decider in future […]

Aug 05
Solana-hacked crypto could be claimed as a tax loss: Experts

Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts. 62 Total views 2 Total shares For unlucky crypto investors looking to turn lemons into lemonade — it turns out that digital assets lost during an exploit or hack can […]

Aug 05
Voyager received better buy-out offers than FTX’s, set to return $270M to customers

Beleaguered crypto lender Voyager Digital Holdings says it has received a number of “higher and better” buy-out offers than that offered by AlamedaFTX back in July, contrary to the investment firm’s continued public statements.  The company has also just been cleared to return $270 million of customer funds held at the Metropolitan Commercial Bank (MCB) by […]

Aug 04
Starbucks teases Web3 rewards program to attract new customers

“This will create an entirely new set of digital network effects that will attract new customers and be accretive to existing customers in our core retail stores,” said interim CEO Howard Schultz. 2598 Total views 75 Total shares Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract […]

Aug 04
Nansen admits neglecting DeFi plans during the NFT craze

Nansen has registered over 130 million addresses and has grown 30% despite the crypto downturn in 2022. 1047 Total views 40 Total shares Despite the general downturn in the cryptocurrency markets throughout the year, Ethereum blockchain analytics platform Nansen has continued to report impressive growth numbers. CEO and co-founder Alex Svanevik recently spoke about Nansen’s growth, […]

Aug 04
Bitcoin price retests key $22.8K as metric points to ‘BTC buying spree’

Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Battle for classic Bitcoin price trendline rages  Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to repeatedly test the key bear market trendline as […]