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Bitcoin.org goes offline after suffering scam attack

Bitcoin.org, one of the first websites about Bitcoin (BTC), has been hacked by online scammers and down as of the time of writing. Cobra, Bitcoin.org’s anonymous curator, announced on Sept. 23 that Bitcoin.org was compromised, with hackers managing to put up a scam notice on the site.“Looks like Bitcoin.org got hacked and the entire site replaced with a scam asking for free…

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Basel draft rules make crypto too costly for banks to trade, says industry

Nine banking industry associations have submitted a letter to the Basel Committee on Banking Supervision (BCBS) in response to its proposal to introduce stringent capital requirements for banks looking to hold crypto assets on their books.In June of this year, the BCBS had published a consultation paper which assigned a 1,250% risk weight to Bitcoin (BTC), meaning that banks would…

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Infrastructure Provider Blockdaemon Raises $155 Million With Participation of Goldman Sachs – Bitcoin News

Blockdaemon, a blockchain infrastructure provider, has raised $155 million in its Series B funding round, which will aid its expansion plans to make acquisitions in the crypto infrastructure market. The funding round had the participation of Goldman Sachs, Softbank Vision Fund 2, Matrix Capital Management, Sapphire Ventures, and Morgan Creek Digital, among others. Blockdaemon Raises $155 Million in Series B…

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Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL – Defi Bitcoin News

The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform for Solana. Solana’s Orca Gets an $18 Million Capital Raise On Wednesday, the Solana-based decentralized finance…

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Dogecoin more popular than ever … even as TXs hit lowest level since 2017

The power of the Dogecoin meme is strong despite transaction levels of DOGE hitting the lowest they’ve been since 2017. Multiple firms have made DOGE adoption plays this week including Robinhood which confirmed that it will roll out a new crypto wallet feature on its app next month supporting DOGE deposits and withdrawals.The memecoin’s co-creator Billy Markus (who no longer…

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Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey

A new survey has revealed bleak insights into the apparent willingness of retail investors to follow digital asset advice from the social media accounts of celebrities and influencers.According to a Morning Consultant survey of 2,200 U.S. adults, 45% of crypto-holding respondents indicated they would be likely to seek exposure to a digital asset if it is endorsed by a celebrity,…

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Genesis Digital Assets Reveals $431 Million Capital Raise — Mining Firm Aims for 1.4 Gigawatts by 2023 – Mining Bitcoin News

On Tuesday, the bitcoin mining firm Genesis Digital Assets announced the firm raised $431 million from strategic investors. The mining company Genesis detailed that Paradigm led the multi-million-dollar funding round and one of the firm’s co-founders has joined Genesis’s board of directors. Genesis Digital Assets to Bolster Bitcoin Mining Operations in the US and Nordics The industrial-scale bitcoin mining company,…

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Sports NFT gold rush as projects raise $930 million in a week

Tokenized sport collectibles projects have raised almost $1 billion in funding in the space of a week. On Sept. 22 Dapper Labs — the firm behind the Flow blockchain and the widely popular tokenized basketball collectibles, NBA TopShot — announced a further $250 million in a funding round led by tech-focused hedge fund Coatue. As reported by Cointelegraph on Wednesday,…

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Mad Money Jim Cramer ‘Begs’ Crypto Investors to Take Profits — Says ‘I Don’t Want You to Lose Money’ – Markets and Prices Bitcoin News

The host of Mad Money, Jim Cramer, is begging crypto investors to take profits on any crypto gains in their portfolios. “I’m begging you to. Don’t let it become a loss,” he said, emphasizing, “I don’t want you to lose money.” Mad Money’s Jim Cramer Advises Investors to Take Profits on Crypto Gains The host of CNBC’s Mad Money show,…

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Biden to nominate anti-crypto and anti-big bank law professor to run the OCC

The Biden administration reportedly intends to nominate Kazakhstani-American attorney, academic and former policy advisor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) — the institution that oversees the U.S. banking sector.Omarova has levied criticisms at both crypto assets and the legacy banking sector in the past, having once pledged to “end banking as we know…

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