Blockchain
Q2 2022 Web3 Security Report: 48 Major Exploits, $718.34M Lost | Beosin & Footprint Analytics
In the second quarter of 2022, 48 major attacks were monitored in the Web3 space, with total losses of approximately $71834 million, down approximately 40 percent from $12 billion in the first
Blockchain
Crypto winter touches OpenSea, sacks 20% of staff
Leading non-fungible token marketplace OpenSea CEO Devin Finzer has revealed that the crypto firm laid off about 20% of its staff on July 14 The post Crypto winter touches OpenSea, sacks 20% of
Blockchain
New York Yankees employees can get partially paid in Bitcoin with NYDIG partnership
Bitcoin (BTC) investment firm NYDIG announced a multi-year partnership with the American baseball team, the New York Yankees, on July 14 to become the team’s official Bitcoin Payroll Platform
Blockchain
Bitcoin miners still under pressure to sell but declining production costs provide relief
The recent downturn, along with a myriad of other factors, has put Bitcoin mining companies under pressure to stay operational The post Bitcoin miners still under pressure to sell but declining
Blockchain
Principles for Financial Market Infrastructures should be applied to stablecoins: BIS
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) of the Bank for International Settlements (BIS) published guidance on
Blockchain
Celsius terms of use do not guarantee return of customers’ funds
Struggling crypto lender Celsius has filed for Chapter 11 bankruptcy in the US which could mean users may be unable to recover their funds The post Celsius terms of use do not guarantee return of
Blockchain
Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials
United States Treasury Secretary Janet Yellen met with Bank of Japan Governor Haruhiko Kuroda to discuss several multilateral financial regulatory issues, including stablecoins, Reuters reported The
Blockchain
CoinFLEX to enable 10% withdrawals from July 15
Crypto trading platform CoinFLEX, which halted withdrawals on June 24, will enable limited customer withdrawals starting 5 am UTC on July 15, the exchange said in a July 14 statement The post
Blockchain
Bitcoin production cost decline could be a negative for price, JPMorgan says
JPMorgan Chase & Co The post Bitcoin production cost decline could be a negative for price, JPMorgan says appeared first on
Blockchain
Glassnode analysis suggests Bitcoin might be near bottom
BitcoinA recent analysis from Glassnode revealed that long-term holders (LTH) are locking their coins at a 33% loss, indicating an LTH capitulation that suggests Bitcoin (BTC) might have reached its
Blockchain
Russian’s Central Bank and Ministry of Finance clash over stablecoins
A representative of the Central Bank of Russia (CBR) said private stablecoins are fraught with risks as the underlying pool of assets “does not belong to the owner” In turn, this
Blockchain
Bitcoin hashrate plummets as Texas-based miners suspend operations
Bitcoin (BTC) hashrate dropped to as low as 15941 exahashes per second (EH/s) on July 13, its lowest in five months, as Texas-based miners were forced to go offline The post Bitcoin hashrate