The US-based bitcoin miner – Marathon Digital Holdings Inc. – reportedly has exposure of more than $80 million in one of its hosting providers – Compute North. Two weeks ago, the latter joined the list of troubled entities affected by the ongoing crypto winter, filing for a Chapter 11 bankruptcy. Multi-Million Exposure According to a...Read More
The financial services corporation – Visa – collaborated with the cryptocurrency exchange – FTX – to offer debit cards in 40 countries across the globe. The cards are already available in the United States and will reach other Asian, Latin America, and European nations soon. Visa’s Next Crypto Move In an interview for CNBC, Visa’s...Read More
After losing millions of dollars worth of assets in a cross-chain hack, the team behind BNB Chain – formerly Binance Smart Chain (BSC) – plans to conduct on-chain governance votes to determine what to do with the stolen funds. Recall that BNB Chain temporarily halted all network operations after an attacker exploited a vulnerability on...Read More
The past 24 hours were quite tumultuous, with one of the largest blockchain networks – BNB Chain – suffering a security breach that saw the millions worth of cryptocurrency being compromised. And while the process of freezing and recovering the stolen assets is ongoing and the network is back to its normal functioning, someone took...Read More
After spending a fortune on fortune on deals and investments in 2022, Binance may still have a mountain of dry powder left to deploy before the year closes. The CEO of the world’s largest crypto exchange, Changpeng Zhao (CZ), recently said that his company may ultimately spend over $1 billion this year on acquisitions and...Read More
The payroll and job reports from the world’s largest economy were slightly above expectations for September. However, BTC reacted with a sharp price decline, as it typically happens when the US publishes any sort of data lately. Although the numbers for September are below August and the average for 2022, the States added 263,000 new...Read More
From what was described as a bubble and gained damning criticism from individuals, banks, and governments, the cryptocurrency industry has gained worldwide popularity. Companies, business organizations, and even governments have begun gaining rapid adoption. it is no longer news that one could make money via crypto prediction. However, this article emphasizes how one can make...Read More
Today, a $536 million BNB whale began behaving erratically and the wallet quickly began lending and borrowing tokens from several ecosystems, giving observers the impression that it had been hacked. The blockchain for BNB Chain was stopped because of “irregular activity.” However, the team has now said that. “All systems are now contained, and we...Read More
The BNB Chain was temporarily paused after an exploit on its cross-chain bridge. The current impact estimate is around $100 million and $110 million equivalent of cryptocurrency. According to the latest update, the BNB Chain has resumed working as usual, but let’s have a look at how the hack went down, according to a popular...Read More
The BNB Chain is back to operating normally following a halt that happened because of a massive security breach. Validators are confirming their status while the community infrastructure is upgraded as well. As CryptoPotato reported yesterday, the BNB Chain was temporarily paused following the $600 million hack. Binance first revealed the halt due to irregular activity, and...Read More
The leading cryptocurrency mining company – Marathon Digital – mined 360 BTC during September, which is a significant improvement compared to the 184 BTC produced in August. The company’s total bitcoin holdings surged to 10,670 BTC, equaling over $215 million (at the time of writing these lines). Marathon’s Recent Performance The publicly-traded BTC miner produced...Read More
Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions. For better or for worse, one of the interesting upshots of the pandemic and the ensuing outpour of pseudoscience...Read More
Yoo Mo, the head of general business operations of Terraform Labs, had an arrest warrant issued for him, but the Seoul Southern District Court judge in South Korea dropped it because it wasn’t necessary to keep him in custody. Do Kwon the terra co founder who is wanted by the interpol and more than 194...Read More
