Nomad token bridge drained of $190M in funds in security exploit
Hundreds of potential exploiters appear to have drained all of the bridge’s $190 million in…
Day: 1 August 2022
Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
July closed with Bitcoin up almost 17%, but now, analysts are turning to how long…
Coinbase, Binance and Kraken under scrutiny: Law Decoded, July 25-August 1
Enforcers around the world are demonstrating their interest to the industry’s largest players. Despite some…
Croatian retail giant sees rise in crypto payments despite the bear market
Croatia has been enjoying the growing cryptocurrency adoption despite the ongoing crypto winter, Konzum’s director…
Market correction vs. bear market: Key differences explained
Market corrections and bear markets both involve price declines, but knowing how to differentiate between…
Aave DAO approving overcollateralized stablecoin splits crypto community
Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate…
Bitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream Audiences
The cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the…
Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs
The luxury jewelry and specialty retailer Tiffany & Co. announced the firm is planning to…
The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020
While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased…
Metaverse Company Condense Raises $4.5 Million to Accelerate VR Streaming Adoption
Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events…
Binance US will delist AMP following SEC claim token is a security
The exchange said all AMP trading will be halted on Aug. 15, adding that it…
CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm
A goodwill impairment from ErisX significantly hurt the company’s GAAP earnings, but otherwise, business results…
Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge
Backwardation reflects a market condition wherein spot prices trade higher than future prices. Ether (ETH)…
Huobi gets green light as exchange provider in Australia
Gibraltar-based cryptocurrency exchange Huobi has received the regulatory greenlight to offer its services in Australia….
Three Ways You Can Use Bitcoin: Spend, Trade, or Invest
This feature differentiates the cryptocurrency from a traditional currency, causing the former to be more…