Block, Inc. thinks it and developers can build better Bitcoin mining rigs. That’s why it’s considering building a “Mining Development Kit,” or MDK, it said on Tuesday. The company hopes its do-it-yourself kit will spur innovation in Bitcoin mining hardware, it said in an announcement, alluding to a statement from CEO Jack Dorsey on Twitter in 2021 that the company…
The hacker behind the exploit of the decentralized finance (DeFi) lending platform Tender.fi has returned the stolen funds for a $97,000 bounty reward in Ether (ETH). The exploit was executed at 10:28 am UTC on Mar. 7, with Tender.fi confirming the incident on Twitter soon after citing “an unusual amount of borrows,” and adding it has paused all borrowing. Blockchain…
The hacker behind the exploit of the decentralized finance (DeFi) lending platform Tender.fi has returned the stolen funds for a $97,000 bounty reward in Ether (ETH). The exploit was executed at 10:28 am UTC on Mar. 7, with Tender.fi confirming the incident on Twitter soon after citing “an unusual amount of borrows,” and adding it has paused all borrowing. Blockchain…
Binance US is one step closer to snapping up Voyager Digital’s assets after a bankruptcy judge today approved the process—SEC objections be damned. Bankrupt crypto broker Voyager had a deal to sell its distressed assets to Binance US. The idea now is that Binance US will then handle returning money to the company’s customers. Binance US is the American affiliate…
Bankrupt cryptocurrency lender Voyager Digital has won court approval to sell over $1 billion of its assets to Binance US. The approval was granted by United States Bankruptcy Judge Michael Wiles on Mar. 7, which came after four days of arguments presented by Voyager and the U.S. Securities Exchange Commission (SEC). Wiles said he would give the trading platform permission…
A pair of former executives from League of Legends maker Riot Games have raised $55 million in Series A funding for a new game studio called The Believer Company. But despite being backed by firms that are prominent in the Web3 world, Believer is saying “no fucking thanks” to NFTs. The Series A round was led by Lightspeed Ventures and…
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to the mix to cut costs and lower the quality of gold. Reportedly, Perth Mint started diluting the…
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to the mix to cut costs and lower the quality of gold. Reportedly, Perth Mint started diluting the…
Tensor, previously a relatively small contender in the Solana NFT marketplace wars, is quickly capturing market share after taking a page from the playbook of leading Ethereum platform Blur—by targeting “pro” traders and providing “loyalty” rewards for using its marketplace. The platform launched its “Season 1 airdrop” on Monday, letting Solana NFT collectors claim free reward boxes given out in…
Tensor, previously a relatively small contender in the Solana NFT marketplace wars, is quickly capturing market share after taking a page from the playbook of leading Ethereum platform Blur—by targeting “pro” traders and providing “loyalty” rewards for using its marketplace. The platform launched its “Season 1 airdrop” on Monday, letting Solana NFT collectors claim free reward boxes given out in…
