Chinese trader laundered more than $17M for Lazarus Group in 25 hacks
The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600 million Ronin bridge exploit.
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Rune Christensen: ‘Our Job Is to Support Whatever the Maker Community Decides’
As the dust begins to settle over MakerDAO’s Black Thursday incident, the team is now returning to a normal working pace. We took the opportunity to catch up with Rune Christensen, one of the original founders of the protocol, for a full recap of the situation and what it means for Maker (MKR). Christensen had been…

Fake SpaceX YouTube Channels Scam Victims Out of $150K in BTC
Scammers have conned thousands of YouTube viewers into sending them a total of 15.31 BTC with the old ‘free giveaway’ trick. 862 Total views 13 Total shares Crypto scammers have stolen at least $150,000 by impersonating SpaceX YouTube accounts and hosting fake Bitcoin giveaways.According to a June 9 report on Bleeping Computer, several scammers hacked…

Binance crypto exchange outage sparks outrage as traders lose millions
Binance’s policy allows investors to get compensation on trading losses due to system or internal issues but does not cover the “what could have been” situations. 302 Total views 11 Total shares Outages in crypto exchanges have resulted in losses for investors trying to get out in time. While Binance has been proactive in neutralizing…

Rakuten’s customers can now use Bitcoin for shopping
Japanese retail giant Rakuten has integrated its crypto wallet with its payment app, enabling consumers to directly load and convert their Bitcoin holdings for use in everyday spending. 3121 Total views 19 Total shares Crypto-friendly Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings…

Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe. 1144 Total views 6 Total shares Bitcoin mining firm Marathon Digital Holdings saw its revenue surge $670% year-on-year in the third quarter of 2023, amid a nearly five-fold increase in Bitcoin production.The results

“Run Green Finance on Blockchain,” Encourages Chief FinTech Officer of Singapore’s Monetary Authority
Sopnendu Mohanty, Chief FinTech Officer at the Monetary Authority of Singapore, spoke at BlockShow Asia 2019 about the importance of blockchain for the economy, highlighting its indispensability for the development of green finance.Mohanty defined green finance as follows: “How to monitor, how to measure, and how to mobilize finance for green assets.” He said blockchain…

Altcoin Roundup: 3 portfolio trackers NFT and DeFi investors can use to stay organized
The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and the popularity of nonfungible tokens (NFT) have led to an explosion of projects on more than a dozen blockchain networks. The rapidly growing ecosystem means investors have to keep track of multiple…

Bitcoin price climbs 20% overnight as US banks brace for 40% profit cut
Bitcoin made a swift 20% recovery from the weekend’s bloodbath, while American banks prepare to post major losses in their upcoming quarterly reports. 6487 Total views 15 Total shares The dollar value of Bitcoin (BTC) jumped 20% overnight leading into Jan. 12, as the world’s most well-known cryptocurrency recovered swiftly from a 27% decline suffered…