Investor shares story of falling victim to $100K crypto hack
“I thought that my heart would stop,” said Matthias Mende as he told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker.
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160 Million USDT Tokens Minted During Bitcoin’s Rise to $9K
As Bitcoin pushed past $8,000 and began its ascent to $9,000, the Tether Treasury minted over 160 million new tokens. 1819 Total views 34 Total shares With Bitcoin (BTC) ascending sharply in the last eight hours — over $9,100 at press time — U.S. dollar-backed stablecoin Tether (USDT) is on a minting spree. Whalebot Alerts has reported…

CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure
For CoreWeave, the deal may supplement lost income from the contracts Microsoft cancelled. 5790 Total views 2 Total shares CoreWeave announced on March 11 that it had struck a five-year deal worth up to $11.9 billion with OpenAI, the nonprofit research and development company that created ChatGPT. Through the deal, OpenAI will become an investor

Game time? Microsoft adopts Ethereum blockchain for gaming royalties
Enterprise Ethereum is beginning to show its impact as some of the largest companies in the world start to leverage the Ethereum network to solve complex business challenges. For example, tech giant Microsoft and Big Four firm Ernst & Young announced the expansion of Microsoft’s blockchain-based solution to extend to gaming rights and royalties management.Paul…

The Truth Behind Cuba’s Bitcoin Revolution: Video
Cointelegraph’s latest documentary takes viewers to Cuba, the land of classic cars, communism, hyperinflation and Bitcoin. 168 Total views 5 Total shares Cuba, a country known for its unique blend of rich history, vibrant culture and political isolation, is the focus of Cointelegraph’s latest on-the-ground documentary. The Truth Behind Cuba’s Bitcoin Revolution explores Bitcoin’s (BTC) impact

Ethereum Istanbul — Faster, But Still Not the World Computer
Vitalik Buterin has claimed that Ethereum will support 3,000 transactions per second after the upcoming Istanbul fork.Will this unleash a new wave of Ethereum creativity? Might we expect a surge in traffic on the Ethereum network? Could its increase influence the price of ETH?Ethereum is slowThe conventional wisdom is that Ethereum is too slow. But…

SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
Lawyers for Terraform Labs and Do Kwon used a U.S. Congress hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit. 319 Total views 3 Total shares Lawyers representing the United States Securities and Exchange Commission (SEC) have argued that the additional documents submitted by Dentons — the law firm representing Terraform Labs…

Why is Litecoin price down today?
Litecoin (LTC) price is down today, mirroring downside moves elsewhere in the crypto market.On July 5, the LTC price dropped over 3% to $100.50. On the same day, the crypto market's overall capitalization fell 2%, suggesting traders have started securing profits at the local tops of multiple cryptocurrencies.LTC/USD daily price chart vs. crypto market capitalization.…

How Bitcoin Empowers the Unbanked and Combats Injustice
Plenty of injustice plagues our communities.For instance, in our world, the unbanked and underbanked don’t have easy access to financial knowledge. All too often, that is reserved for people with wealth and opportunity. If you don’t have these resources shown or taught to you by a professional, you might not have adequate access to the…