The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit’s QBridge protocol. High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers.Hackers were able to access and steal over $80 million from… More
Curious behavior sees investors selling coins for less than they purchased them for, with Bitcoin still notionally in a bullish uptrend. Bitcoin (BTC) sellers’ losses are mounting as the BTC price downturn shows that some investors are panicking at current prices.Data from on-chain analytics firm Glassnode and trading suite Decentrader shows that in January, more… More
The hash rate surpassed 1.11 PH/s for the first time ever, breaking the previous high of 1.08 PH/s set on Jan. 13. Over the previous year, Ether (ETH) has increased in value to the point that it significantly outperformed Bitcoin (BTC) in terms of returns. The rise of Ethereum has made mining on its network… More
Time Cook said in an investors call that Metaverse applications have a lot of potential and that his company is investing in AR developments on its devices. Apple’s stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse… More
“As part of our ongoing digital transformation, we recognize the importance of staying current with emerging market trends,” said Flushing Financial Corporation CEO and president John R. Buran. Flushing Financial Corporation, the parent company behind New York-based Flushing Bank has partnered with crypto firm New York Digital Investment Group (NYDIG) to offer Bitcoin (BTC) services… More
ETH bulls will need to keep searching for positive news, especially as bears apply extra pressure ahead of Friday’s $1.1 billion monthly options expiry. Ether (ETH) price tumbled below the $3,000 support on Jan. 21 as regulatory uncertainty continues to weigh down the sector and rumors that the United States Securities and Exchange Commission is… More
“This has been a huge disappointment. I’ve tried 20 times minimum to swap ADA for Sundae and nothing has gone through,” says a disgruntled SundaeSwap user. According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX,… More
NFTs are known for their transferability and commercial viability, but there are also downsides to those features, according to Buterin. In a blog post published Wednesday, Vitalik Buterin, co-founder of Ethereum (ETH), expressed his wishes to make nonfungible tokens, or NFTs, soulbound as with the namesake item class in popular MMORPG World of Warcraft, or… More
With too many depositors chasing high yields and a lack of borrowers, Anchor interest rates appear to have become unsustainable. Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days, according to Terra.Engineer. Since the beginning of December, the amount of Terra USD… More
Ripple’s ongoing battle with the SEC isn’t stopping the blockchain payments company from carving out a stronger position in the market. Blockchain payments company Ripple (XRP) made it abundantly clear this week that it’s not letting its feud with the United States Securities and Exchange Commission (SEC) hold back its business plans. On Wednesday, the… More
“SLP still on the ground LOL, if this coin stays like that I’m gonna quit Axie man,” said one disgruntled player. On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on… More
So many drops, and too many missed mints? Cointelegraph has you covered when it comes to keeping a pulse on upcoming NFT projects. With crypto prices down badly, NFTs appear to be on a discount which is making it hard for many collectors to resist a good sale. Notable projects like World of Women have… More
Bybit puts its money and faith in BitDAO and pledges recurring contributions now that its integration with the L2 Arbitrum network is complete. The news about crypto derivatives exchange Bybit was two-fold Thursday, as the company announced via Twitter its $134 million contribution to the BitDAO Treasury in the form of Ether (ETH), Tether (USDT)… More
Turns out that some NFTs might be building collections of their own. Their target? Your private data. Both OpenSea and Metamask have logged cases of IP address leaks associated with transferring nonfungible tokens (NFTs), according to researchers at Convex Labs and OMNIA protocol.Nick Bax, head of research at NFT organization Convex Labs tested out how… More
Analysts foresee prolonged weakness in BTC and altcoins following hawkish comments from the Federal Reserve. Bitcoin (BTC) price continues to flash mixed signals, raising uncertainty among investors and negatively impacting asset prices across the market.Data from Cointelegraph Markets Pro and TradingView shows BTC price pinned below $36,000 and even though crypto and equities markets underwent… More
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