Binance Recovered $5.8 Million From the Axie Inifity Hackers, Says CZ
Binance’s CEO reported earlier today that the company recovered nearly $6 million out of the $600 million stolen in the hack against the Ronin Network. These are among the first…
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23 Congressional Democrats Call for Investigating Proof-of-Work Facilities
Proof-of-work (PoW) protocols have been under fire for years due to their massive energy consumption – particularly hurting the battle against climate change. The latest censure against the mining industry…
Crypto Markets Lost $100B in a Day as Bitcoin Plunged to $40K (Market Watch)
Bitcoin tried its hand at $43,000 yesterday but was violently rejected at that point and dropped by almost $3,000 in hours. Most altcoins are also well in the red today,…
Renowned Film Director Ridley Scott to Produce a Movie About Ethereum
Ridley Scott – one of the greatest film directors of all time – will be the next celebrity to dive into the cryptocurrency universe by producing “The Infinite Machine,” a…
Justin Sun Plans a Tron Stablecoin With $10 Billion of Crypto Collateral
Tron founder Justin Sun has announced plans to launch a decentralized algorithmic stablecoin called USDD on the TRON blockchain network. In an open letter on Thursday (April 21, 2022), Sun…
Polygon-based Rario Concludes $120 Million Funding Led by Dream Capital
Singapore-headquartered cricket NFT platform Rario has bagged $120 million in funding led by Dream Capital. The Series A funding round also saw the participation of Alpha Wave Global. Founded in…
France: Every Fourth Financial Scam in 2021 Involved Crypto, Says Ombudsman
Marielle Cohen-Branche – the French financial ombudsman – revealed that approximately 25% of suspected monetary frauds in France last year involved cryptocurrency investment schemes. This is a sharp increase from…
NBA Pauses Minting of The Association NFT Collections After Spotting Serious Vunerability
The National Basketball Association (NBA) revealed pausing minting of its new non-fungible token collection, dubbed – The Association – after a major loophole was detected by BlockSec. Less than a…
Crypto is Probably the Most Mature Investment Asset, Says Mastercard Exec
Raj Dhamodharan – Mastercard’s Global Head of crypto and blockchain – believes that digital currencies pose no threat “at all.” Moreover, he classified them as “probably the most mature investment…
Michael Saylor: MicroStrategy Is the Closest to Investing in Bitcoin Spot ETF
Michael Saylor – CEO of the software platform MicroStrategy – said investing in his company is almost like allocating funds in the still nonexistent in the USA – Bitcoin spot…
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