Crypto losses from fraud and hacks declined 12% in May — Immunefi

Policymakers should encourage greener grids for local Bitcoin mining, Carter suggested. 2252 Total views 3 Total shares Castle Island Ventures' Nic Carter doesn’t think Elon Musk is the right person to lead the “clean Bitcoin“ debate, “possibly not as far as the Bitcoin community is concerned.” He told Bloomberg, “Bitcoiners are still intensely skeptical of Musk, and…

The Ethereum hash rate broke the 250 TH/s barrier for the first time since Aug. 2018 533 Total views 1 Total shares The amount of computing power on the Ethereum network is currently at an all time high following weeks of volatility in key metrics on the blockchain.According to data from on-chain analytics provider Glassnode,…

It now costs Bitcoin (BTC) miners at least $17,000 to produce one BTC in the U.S. versus the $5,000-10,000 range a year ago, according to Bitcoin mining data resource Hashrate Index and Luxor.Bitcoin hashprice has dropped 58% in a yearUnsurprisingly, soaring electricity rates across the U.S. states have contributed to rising Bitcoin mining costs.Notably, between January 2022 and…

“Fueling cross-border transactions with regulated stablecoins to represent fiat on-chain has never been done before,” said Borderless Capital CEO David Garcia. 2500 Total views 18 Total shares Two former PayPal workers in business and technology have launched a cross-border payment system aimed at “faster, cheaper, and more transparent payments.”In an announcement today, fintech infrastructure firm…

The "Onchain Summer" promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August. 52 Total views 4 Total shares Base network’s “Onchain Summer” promotion in August resulted in over 700,000 non-fungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team.Coinbase

Bison Bank will offer its digital asset services to high net worth individuals, becoming the first banking institution in the country authorized to do so. 389 Total views 5 Total shares Portuguese based bank Bison Bank has received permission from Portugal’s Central Bank (Banco de Portugal) to operate as a “virtual asset service provider ”(VASP),…

The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed. 140 Total views 3 Total shares Own this piece of history Collect this article as an NFTSkyBridge Capital managing partner Anthony Scaramucci has opened up about the “betrayal” he felt over the actions of…

The People's Bank of China (PBoC) has officially launched the testing phase of a blockchain trade finance platform, local news outlet Shanghai Securities News reported September 4.The Shenzhen Central Sub-branch of the People's Bank of China, the central bank of the People’s Republic of China, has entered the trial phase of the so-called “Bay Area…

GameFi's constantly evolving model could make "today's AAA game companies look like peanuts", said Jack O’Holleran, CEO of Skale  a multichain Ethereum native network that powers Web3 games. In fact, blockchain-based games and metaverse projects are showing resilience amid a winter that has dragged down many players in the crypto industry, with $1.3 billion raised in…