Cointelegraph By Brian Newar
Founder of major crypto investment firm DeFiance Capital, “Arthur_0x”, has suffered a hack on one of his hot wallets resulting in the loss of more than $1.6 million in nonfungible tokens (NFTs) and crypto.In a tremendous show of support, the crypto community has come to his aid to...
The Bitcoin network’s on-chain activity still appears to be in a bear market as U.S. and E.U. buyers are struggling to stay ahead of sellers based in Asia.Blockchain analytics firm Glassnode’s latest report on the weekly activity of the Bitcoin (BTC) network shows that the price of the...
The Li Finance swap aggregator has experienced a smart contract exploit leading to the loss of around $600,000 from 29 users’ wallets.The exploit took place at 2:51 am UTC on March 20. The attacker was able to extract varying amounts of 10 different tokens from wallets that had...
Australian Liberal Senator Andrew Bragg opened the Australia Blockchain Week conference with a bombshell legislative proposal that he hopes will lay the groundwork for a new Digital Asset ecosystem down under.The proposed Digital Services Act (DSA) legislative package calls for reforms in crypto market licensing, custody, decentralized autonomous...
Cocoa product startup Koa launched a blockchain-based program this week that improves the transparency of its cocoa supply chain and ensures its Ghanaian farmers are being paid properly.The program is supported by partnerships with German supply chain company Seedtrace and South African telecoms company MTN Group. Koa said...
Over the past week, long-term holders of Bitcoin increased their spending to a level that suggests de-risking from the market, but hodling remains the predominant investing strategy.Uncertain macroeconomic headwinds are likely to have precipitated the increase in the sell-offs last week by long-term holders and shaken some short-term...
Crypto exchange Binance will provide fully regulated services to its first country in the Middle East thanks to a license granted by Bahrain’s central bank.Bahrain was able to issue the license through the Cooperation Council for the Arab States of the Gulf (GCC). The world’s largest exchange and...
The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces.On March 14, the Ethereum Foundation urged network stakeholders to run tests using Kiln “to ensure a smooth transition on existing...
The legal standing of Bitcoin mining in the European Union hinges on the results of a March 14 vote in the European Parliamentary Committee on Markets in Crypto Assets (MiCA).A controversial line concerning the “minimum environmental sustainability” of crypto mining has been reintroduced to the bill after previously...
Mayor Steve Adler of Austin, Texas, has fully embraced the discovery of what blockchain technology and crypto payments can bring to his city by proposing two new initiatives.The first initiative aims to ensure that Texas’s fourth-largest city promotes the benefits of blockchain technologies and “promotes equity, diversity, accessibility,...
