Cointelegraph By Brian Newar
Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points higher on the consumer sentiment index. A July 7 report from research firm Morning Consult shows that although average United States (U.S.) adult consumer sentiment has dropped 13.5% since mid-January,...
Bitcoin (BTC) mining company Marathon Digital Holdings experienced a steep 43.8% decline in bitcoin production over the second quarter of 2022, with June registering as the company’s least productive month in over a year following the fall of its Montana facility. In its latest mining operation update released on...
The hacker who exploited Solana-based liquidity protocol Crema Finance on July 2 returned most of the funds but was allowed to keep $1.6 million as a white hat bounty.The bounty, 45,455 Solana (SOL), is worth a generous 16.7% of the $9.6 million Crema lost initially, which forced the...
Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York.Voyager's Chapter 11 bankruptcy filing indicated that it is on the hook for anywhere from $1 billion to $10 billion in assets to...
MakerDAO is voting on a proposal that will bring a traditional bank into its ecosystem for the first time, allowing the bank to borrow against its assets using decentralized finance (DeFi).Currently 83% of voters are in favor of the proposal. Voting ends at 12pm ET on July 7.The...
South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token.By investing such a tremendous amount, GEM Digital will hold H20N tokens, which will be used to guide funding in water delivery infrastructure in areas that lack...
Trading volume on three major Indian crypto exchanges plummeted 72.5% on average since July 1, when a 1% tax per transaction was enforced in the country.The Tax Deducted at Source (TDS) came into effect on July 1 and appears to have negatively affected traders as exchange volumes dropped...
In the middle of crypto’s latest bear market, industry and asset class detractors have rallied together to share their skepticism and network with lawmakers at their own anti-crypto conference.Whereas most crypto conferences exist to promote the latest developments on the cutting edge of the industry, crypto critic journalist...
The much-anticipated Vasil hard fork has been completed on the Cardno testnet, bringing it one major step closer to becoming a reality on the mainnet and promising broad performance upgrades.Project developers, stake pool operators (SPO), and exchanges are now encouraged to deploy their work on the testnet to...
The recent exploit on Harmony’s Horizon Bridge revealed the inherent flaws with multisig admin keys that leave projects and their users “one small slipup” from deep trouble.Two crypto project leads expressed their concern that the expansion of the multi-chain ecosystem could be hampered by the use of multisig...