China sold near $20B Bitcoin from PlusToken seizure: CryptoQuant CEO
“A censored regime holding censorship-resistant money feels unlikely,” wrote CryptoQuant’s CEO.
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Chinese Economist Says 2020 Is the Tipping Point for Blockchain
Chinese economist says signs have shown 2020 is an important year for integrating blockchain within all industries. 1442 Total views 26 Total shares The Tencent blockchain accelerator entry contest was held recently in Shenzhen China. Its theme concerned “blockchain industry and ecological co construction".According to the local news on July 2, Professor Zhu Jiaming, former…

Galxe protocol experiences DNS attack, losses top $150,000 so far and still growing
The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer. 47 Total views 1 Total shares The website of Web3 community platform Galxe was offline for about an hour on Oct. 6. Galxe reported on X (Twitter) that its website

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC
Ether's performance against Bitcoin is at its lowest in nearly five years, with some investors calling it a “completely dead” investment — but not all crypto traders agree. 8062 Total views 10 Total shares Ether's (ETH) declining appeal as an investment comes from layer-2s draining value from the main network and a lack of community

CZ departure, Binance deal lead to purge of $175M of crypto longs
Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by over $1 billion in the last 24 hours. 363 Total views 2 Total shares As crypto exchange Binance and the departure of its CEO Changpeng “CZ” Zhao hit the headlines in the last 24 hours, the digital asset space went into a rollercoaster

Chef Nomi has returned all funds back to the SushiSwap community
Who would have thought an alleged exit scam could have a happy ending? In a surprising turn of events, SushiSwap's former head, anonymously known as Chef Nomi on Twitter, has apologized for their mistakes and returned $14M to the project's development fund.Nomi said in a Sept. 11 Tweet thread: To everyone. I f***** up. And…

Who’s Afraid of Security Tokens?: STO Ecosystem Starts to Deliver on 2018 Hype
The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster — especially after the subsequent collapse of the altcoin market and the mayhem of initial coin offerings.Security token offerings, or STOs,…

2022 bear market has been the worst on record — Glassnode
Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. 1197 Total views 18 Total shares Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at…

Japan’s Messaging Giant LINE Sets Up $10 Million Hong Kong Blockchain Venture Fund
Japanese social messaging app LINE announced the creation of a $10 million blockchain venture fund Wednesday, August 15, as part of its expansion into the cryptocurrency market. Launched via Hong Kong-based subsidiary unblock corp., the fund contains funds from fellow LINE sister outfit LVC Corporation. “Additionally, unblock ventures’ token fund is expected to expand in…