Bankrupt cryptocurrency lender Celsius Network agreed to let Bitcoin (BTC) miner Core Scientific shut off more than 37,000 mining rigs it had been hosting for Celsius during the miner’s bankruptcy proceedings. Core Scientific filed a revised proposed order on Jan. 3 which incorporated “revisions acceptable to Celsius” noting “all Celsius rigs will be powered down effective January 3, 2023 and…
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of gold will soar to $3,800 this year while silver will hit $75. He also shared why he became “a gold bug” and “a silver nut.” Robert Kiyosaki’s 2023 Gold and Silver Price Predictions The author of Rich Dad Poor Dad, Robert…
Ripple’s CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread he’s “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the cryptocurrency industry in 2023. To mark the first day of the 118th Congress, Garlinghouse shared his hopes of 2023 being the year the U.S. gained regulatory clarity for crypto and added support for regulation is “bipartisan…
It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared as well — especially regarding the global adoption of digital assets and crypto-related technologies in general. Looking back at 2022, here are some key adoption-related events that helped drive the industry…
Some users of Magic Eden, the largest Solana marketplace, saw some curious images on the platform over the past day instead of the NFTs they tried to view—including pornographic images and stills from the TV series “The Big Bang Theory.” Now the marketplace is blaming a hacked image caching service for the brief mix-up. Magic Eden, which also supports NFTs…
Hacking in Web3 is easy because it uses the same pattern that’s been used since the inception of the internet — pretending to be someone else. Due to the complexity and the “cool factor” of Web3 projects, one can easily — and mistakenly — assume that it takes Mr. Robot level of advanced hacking techniques to pull off a successful…
A modification was made to FTX founder Sam Bankman-Fried’s bond agreement on Tuesday, prohibiting him from accessing or transferring funds related to FTX or Alameda Research as a new condition of his bail. The request was made by Assistant U.S. Attorney Danielle Sassoon during Bankman-Fried’s arraignment in Manhattan, acting on behalf of the government. Judge Lewis A. Kaplan, who presides…
RTFKT COO Nikhil Gopalani is starting the New Year with an empty crypto wallet. RTFKT is the massively profitable next-gen crypto brand acquired by Nike in December 2021 that’s making waves in the digital wearable space and created content with artist Takashi Murakami. Gopalani lost his massive treasure trove of NFTs to a scammer in an apparent phishing attack Monday.…
White House records recently made public have revealed that disgraced FTX founder Sam Bankman-Fried met with senior Biden administration officials in the White House on four occasions over the course of 2022, including a just-disclosed visit on September 9. When pressed on the subject during a press conference on Tuesday, White House Press Secretary Karine Jean-Pierre insisted that all meetings…
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners have been blamed for power shortages. Authorities in Iran Give Confiscated Mining Rigs Back to Their Owners Iran’s Organization…
