Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan

CoinEx confirms that compromised private keys gave hackers access to hot wallets, leading to a $70 million hack. 435 Total views 13 Total shares Hong Kong-based cryptocurrency exchange CoinEx has revealed that compromised private keys allowed hackers to steal over $70 million of tokens as the team looks to open lines of communication to claw

Ukraine's Ministry of Defense claims it has received numerous requests from foreigners to donate to its Armed Forces, but it cannot accept crypto proceeds. 977 Total views 24 Total shares On Thursday, Russia launched a full-scale invasion of Ukraine on multiple fronts, prompting a swift response from the Ukrainian government as it mobilized troops, armed…

A transaction on the Solana network takes less energy than two Google searches, and 24 times less energy than charging your phone, according to a Nov. 25 report by the Solana Foundation.The report states that a single transaction on its network uses 0.00051 kWh, or 1,836 Joules, of energy. According to Google, an average search…

Overstock’s shares are up 8% following the announcement of record activity on its tZERO security token exchange. 1658 Total views 23 Total shares Overstock’s shares have jumped by 8% following the release of new data regarding user and trading activity on the company’s tZERO alternative trading system (ATS) for security tokens.An announcement published by tZERO…

Changpeng Zhao, also known as CZ, pleaded guilty in November to violating U.S. money laundering laws and had been free to travel in the United States on a $175 million bond.

Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, just passed $200 million in total transactions processed over its two-year history.According to sources available to Cointelegraph, the wing of the largest crypto exchange in the U.S. reported on March 26 that the platform’s success was due in part to the 8,000 retailers currently…

The Russian President criticized Western's sanctions and urged for a system "independent of external interference". 466 Total views 4 Total shares Russian President Vladimir Putin criticized monopoly in global financial payment systems and called for an independent and blockchain-based settlement network on Nov 24, speaking at the International AI Journey Conference in Moscow. During the event…

A North Korean representative reportedly said that the country is in the early stages of developing its own Bitcoin (BTC)-like cryptocurrency.North Korea trying to evade international sanctionsOn Sept. 18, Vice news reported that the Democratic People's Republic of Korea (DPRK) is developing its own cryptocurrency in an attempt to evade international sanctions and find a…

Authorities are looking to tighten their grip on the cryptocurrency industry. 1298 Total views 16 Total shares Financial regulators in South Korea have asked banks to provide information on their dealings with cryptocurrency firms, a local outlet reported on Wednesday, as authorities seek to determine how many cryptocurrency exchanges operate within the country’s borders. An…