Bitcoin miner Foundry lays off staff amid restructuring
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning out its self-mining business.
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SEC charges individuals connected to former iced tea-turned-mining company
According to the regulatory body, an investor was tipped off that the company would be rebranded, a move that resulted in a huge surge in Long Blockchain's stock price. 276 Total views 4 Total shares The U.S. Securities and Exchange Commission has filed charges against three people accused of insider trading with the Long Blockchain…

Australia needs blockchain ‘more than ever’ to flip productivity freeze
Australian Parliament Member Andrew Charlton said he believes blockchain technology could add $60 billion to the economy.

Up in smoke: Artist Damien Hirst to burn 4,851 paintings in NFT project
Almost half of the buyers of Hirst’s “The Currency” collection wanted to keep the NFT version. 72 Total views 41 Total shares The United Kingdom's reportedly richest living artist, Damien Hirst is set to burn thousands of his paintings as part of a year-long nonfungible token (NFT) project called “The Currency.”Starting in September, visitors to Hirst’s…

Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term.

Inverse Finance exploited again for $1.2M in flashloan oracle attack
Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flashloan exploit that saw the attackers make off with $1.26 million in Tether (USDT) and Wrapped Bitcoin (WBTC).Inverse Finance is an Ethereum based decentralized finance (DeFi) protocol and a flashloan is a type of…

Simple steps to safeguard your wallet from unlimited ERC-20 allowance risks
The funds in your ERC-20 wallet could be at risk if you continue to grant unlimited approvals to decentralized applications. 1464 Total views 17 Total shares Participating in the decentralized finance space often necessitates the need to grant projects certain permissions to spend tokens from one’s own wallet.These permissions — called ERC-20 allowances — help…

Demand for liquid Ethereum staking options continues to grow post-Merge
Demand for liquid Ethereum staking options gains pace in the months following the Merge, according to blockchain data. 235 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTBlockchain data analytics carried out by Nansen highlights the ever-growing amount of Ether (ETH) being staked across various staking solutions in…

BNB rallies to $600 and traders call for higher — Does data support this view?
Many traders believe Changpeng Zhao’s release will send BNB price into the $700 to $1,000 range, but does BNB Chain activity support this view?