The chief prosecutor of the Bahamas has said that FTX is under active investigation, as the collapse of the exchange has left a wake of unemployment on the island. The exchange’s controlling stake in a tiny US bank has raised suspicious eyebrows, and crypto lender BlockFi is the latest to file for bankruptcy, as Chainalysis …
The collapse of crypto exchange FTX has continued to affect crypto markets and many crypto companies, with users losing trust in centralised crypto exchanges and fast withdrawing their funds. FTX is being investigated for fraud, and bankruptcy documents reveal amongst other things a ‘complete failure of corporate control, that FTX ‘loaned’ founder SBF $1 billion …
Updated on 2022-11-13: U.S. seizes $3.36 billion in cryptocurrency from second Silk Road hacker Remember a few years ago how “Individual X” stole 70,000 bitcoins, worth about $1 billion, from the notorious Silk Road dark web marketplace and held onto it for seven years, only to apparently give it back to feds and no charges …
Updated on 2022-11-15 In one of the most tumultuous weeks in crypto, the formerly second largest crypto exchange FTX collapsed, with a potential rescue deal from competitor Binance ending in 48 hours. The exchange is now facing criminal misconduct charges in the Bahamas, questions are being thrown around about what this means for crypto regulation, …
Updated on 2022-10-27: Binance hack investigation Binance CEO Changpeng Zhao said the company is narrowing down the identity of the hacker behind the recent $570 million hack of its BNB Chain platform earlier this month. Read more: Binance is ‘narrowing down’ identity of hacker behind $570 million crypto attack, CEO says Updated on 2022-10-10: Binance …
a16z’s newest bet on Twitch co-founder’s Web3 startup Twitch co-founder Justin Kan’s newest venture, Rye, is an ecommerce marketplace that wants to be the “Spotify for ecommerce.” Read more: A16z Crypto Leads $14 Million Bet On Rye, New Web3 Commerce Startup From Justin Kan Singapore gets sweeter on crypto Coinbase Singapore and Blockchain.com have earned …
Updated on 2022-10-31: One month later, the Profanity vulnerability is still making new victims More than a month after 1inch Network disclosed a severe vulnerability in Profanity, a tool to generate vanity (customized) Ethereum addresses, cryptocurrency platforms are still getting hacked and losing funds to a vulnerability everyone told them to take seriously. The latest …
Danish regulator starts EU DLT pilot process for green bonds A group of organisations in Denmark is starting to use a distributed ledger technology (DLT) based trading and settlement platform to issue tokenised green bonds. The platform will be issued within the Danish Financial Supervisory Authority sandbox, FT Lab, with the authority being one of …
Problem Symptom I keep seeing a red bar with error “Unknown Ethereum address” after login OpenSea. The account page showing error 404. When I click on wallet, I noticed a weird ETH address that is different from my Coinbase account. Some users reported the same error when trying to sell NFT even after logging out …
The first NFT was named “Quantum,” a short video clip of digital artist Kevin McCoy’s wife. McCoy minted the said clip on the Namecoin blockchain in 2014. Later, the first NFT was sold to Dash for $4. After several years, NFT became an industry of its own. In 2022, the estimated value of the NFT …
Everyone is interested in making money by investing in bitcoin, but it’s risky and uncertain. Do you know what’s certain? A career in blockchain! As per the Tech jury, “By 2022, worldwide spending on blockchain solutions will reach $11.7 billion.” That’s massive and just the beginning.
Coinbase Invest $1.5 Billion in Bitcoins for Tesla on the First Week of February, according to sources from The Block. “We hope these kinds of deals will be a watershed moment for the crypto economy, and look forward to helping more companies diversify their cryptocurrency capital allocation strategies,” said Brett Tejpole, head of institutional sales …
Typically, blockchain security refers to various activities and technology on a blockchain network that makes it difficult for hackers to attack the network. With growing concerns about online transactions’ safety, blockchain technology has brought a new twist to online transactions. Ranging from advanced security features to data safety, blockchain technology is undoubtedly one of the …
EU may impose commission on cryptocurrency transactions. A petition was filed by lawyer Jonathan Levy, submitted to the European Parliament, proposes to charge a small amount of commission on cryptocurrency transactions, which will fill the support fund for victims of cryptocurrency fraud. Blockstack relaunches and rebrands into Stacks 2.0 mainnet to bring smart contracts and …
Global BTC Regulation? European Central Bank (ECB) President Christine Lagarde called for global regulation of bitcoin on Wednesday, January 13, Reuters reported. Gemini Considers IPO. Tyler and Cameron Winklevoss, who founded the exchange in 2013, is now considering the possibility of the Gemini cryptocurrency exchange to enter the stock market as one of the options …
