Coinberry’s Software Blunder Costs $3M in Bitcoin: Report
The Toronto-based crypto exchange Coinberry has reportedly lost around $3 million in Bitcoin due to a software glitch in 2020. It was during a software upgrade that erroneously enabled users…
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Ethereum Merge: What Does This Mean for Stakers and Miners (Chainalysis Report)
Ethereum, the world’s second-largest cryptocurrency, is all set to discard its energy-intensive proof-of-work consensus mechanism sometime next week. While ETH’s price could potentially decouple from other cryptocurrencies post Merge, staking…
Law Enforcement Reclaims $30 Million From Axie Infinity Hack
The blockchain intelligence firm Chainalysis announced on Thursday that it has successfully assisted law enforcement in seizing $30 million in crypto stolen by North Korean hackers of the Lazarus group. …
Coinbase Funds Lawsuit Against Treasury Department for Sanctioning Tornado Cash
America’s largest cryptocurrency exchange is supporting a legal challenge against the U.S. Treasury Department following its sanctions against the privacy protocol Tornado Cash. The lawsuit’s plaintiffs include 6 individuals who…
Asset Manager Brevan Howard Reveals Details of Crypto Hedge Fund in SEC Filing
UK-based asset management company Brevan Howard has revealed details of its $1-billion crypto hedge fund that has been in the news lately. $1 Billion Crypto Fund In a statutory filing…
Terra Luna Classic (LUNC) Soars 100% Weekly as KuCoin, Gate Io Extend Tax Burn Support
Despite the dramatic sell-off of Terra ecosystem tokens, LUNC has managed to rally along with the crypto market favoring the upside. While the plan continues to revive the chain and…
Bitcoin Flat at $19K as ECB Raises Interest Rates by 75 Basis Points
In an attempt to fight the galloping inflation, the European Central Bank, similar to its counterparty overseas, raised the key interest rates by 75 basis points. Unlike the Fed’s interest…
Vermont Regulator Implies Celsius Insolvency Since 2019, Requests Closer Financial Look
As Celsius’ bankruptcy case drags on, more and more evidence of financial misconduct – or at the very least, mismanagement – seems to be coming to light. Prior reports had…
Peter Schiff Blames Altcoins for Bitcoin’s Fall as Ethereum Merge Nears
The cryptocurrency industry shed a trillion dollars in market in the recent months recently as Bitcoin cracked below the important $20K level. Financier and contrarian investor Peter Schiff says fierce…
Ethereum Soars Above $1.6K Leaving Over $100 Million Liquidated in a Day
It’s been a wild ride on Ethereum markets over the past 24 hours as the cryptocurrency went through considerable volatility. This caused a wave of liquidations across leveraged ETH positions,…
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