July crypto hacks total $266M, WazirX leads losses
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers.
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Nigerian social payments app shuts down crypto exchange services
The company cited that it will cease operations of its exchange services as part of the shareholders' decision to restructure the business to focus on Cashlink. 336 Total views 10 Total shares Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm. According to a statement released on…

Telegram’s TON Blockchain Is Live in Private Testing Mode, Shows High Speed: Report
Global messaging app Telegram has reportedly launched a private beta testing of its blockchain, Telegram Open Network (TON), Russian media outlet Vedomosti reports on April 11.According to Vedomosti, Telegram has opened access to a testing version of TON Blockchain to a limited number of global developers, including Russian dev teams.Citing two anonymous persons who acquired…

The IRS Is Blindly Coming After Cryptocurrency Traders — Here’s Why
Over the past month, we have seen the IRS, the tax collecting agency of the United States, send out more than 10,000 warning and action letters to suspected cryptocurrency holders and traders who may have misreported digital assets on their tax returns. Letters like the 6174-A, 6173 and CP2000 have appeared in the mailboxes of…

ChatGPT and AI must pay for the news it consumes: News Corp Australia CEO
Michael Miller said generative AI is a move by digital companies to take the creative content of others "without remunerating them for their original work." 370 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe creators of artificial intelligence (AI) fuelled applications should pay for the news and…

Texas’ gold-backed digital currency project: Law Decoded, April 3–10
While Ted Cruz and Ron DeSantis attack the idea of American CBDC, Texan lawmakers propose to create a statewide one. 430 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe topic of central bank digital currencies is in the crossfire of United States politicians, with figures like Ron…

$510B crypto sell-off wipes 2024 gains for top 50 coins
Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.

Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally. 714 Total views 22 Total shares Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached…

China Extends Crypto-Related Promotion Ban Beyond the Capital
China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District, local media outlet Jiemian reports August 29. Guangzhou Development District is a special economic zone in southern China, close to Hong Kong. The district’s Financial Development Bureau reportedly issued a notice of the new…