While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis. Source: https://cointelegraph.com/news/barely-halfway-and-october-s-the-biggest-month-in-crypto-hacks-chainalysis
Month: October 2022
Bond Market Meltdown Continues With No Buyers – Bitcoin Magazine
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Looking For The Marginal Bond Buyer Where are the bond buyers? As central banks around the world continue their attempts to…
Couple sent $10.5M by Crypto.com claim they thought they won a prize
The duo allegedly went on a spending spree with Crypto.com’s funds, buying four houses, vehicles, art, furniture and gifts, but 7 million AUD has now been returned. Source: https://cointelegraph.com/news/couple-sent-10-5m-by-crypto-com-claim-they-thought-they-won-a-prize
Russian stablecoin usage surged after Ukraine invasion: Report
According to Chainalysis data, Russia’s stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protect th… Source: https://cointelegraph.com/news/russian-stablecoin-usage-surged-after-ukraine-invasion-report
STEPN to sack 100 staff as players step away from the move-to-earn app
The move-to-earn blockchain game has seen a significant drop in its user base and its rewards token has taken a decline due to the cryptocurrency market conditions. Source: https://cointelegraph.com/news/stepn-to-sack-100-staff-as-players-step-away-from-the-move-to-earn-app
Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023 – Regulation Bitcoin News
Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole industry” and “Everyone acknowledges how important this is.” Ripple’s CEO Expects Answer in First…
French police use Twitter crypto sleuth's research to catch scammers
The alleged fraudsters built a BAYC and MAYC NFT focused website that masqueraded as a service to animate the apes but instead phished victims details to steal … Source: https://cointelegraph.com/news/french-police-use-twitter-crypto-sleuth-s-research-to-catch-scammers
Reimagining College With Bitcoin Education – Bitcoin Magazine
This is an opinion editorial by Peter Conley, a product advocate at Vercel. “Education is already free, 99% of the people don’t realize it yet.” — Jeff Booth Education is free. It has been for many years now. In my self-directed pursuit of understanding Bitcoin, I’ve forced myself to learn more than in any other period in my life. More…
Further BTC mining consolidation as Crusoe acquires peer mining firm
Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead. Source: https://cointelegraph.com/news/further-btc-mining-consolidation-as-crusoe-acquires-peer-mining-firm
OKX’s Chengcai Li: ‘Theres a Lot of Work to Do’ Because Much of Web3 Is Still Powered by Web2
OKX’s Chengcai Li: ‘Theres a Lot of Work to Do’ Because Much of Web3 Is Still Powered by Web2 Chengcai Li, head of business development at OKX, joined Decrypt’s Dan Roberts and Stacy Elliott at Chainlink SmartCon 2022 to talk about OKCoin’s rebrand to OKX, dealing with different regulations in different countries, and how centralized exchanges can lead Web3 into…