Liquid restaking protocol Bedrock suffers $2M exploit
Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.
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EU regulator calls for public input on DLT for trading and settlement
Distributed ledger technology is increasingly gaining attention in Europe for its applications in securities trading and settlement. 227 Total views 8 Total shares The European Securities and Markets Authority (ESMA) is seeking stakeholder input on the use of distributed ledger technology for securities trading and settlements. The European Union's securities regulator recently published a “call for…

MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.

Self-custody is key during extreme market conditions: Here’s what experts say
Self-custody is what crypto was built for, while bear markets are nothing new to Bitcoin and other cryptocurrencies, industry executives say. 587 Total views 5 Total shares The ongoing crisis of cryptocurrency lending and the associated crypto market decline once again confirms the importance of self-custody or the "true ownership" of crypto by its holder,…

Bitcoin-Friendly US Senate Candidate Defeated in Republican Primary Elections
U.S. Senate candidate Austin Petersen, who is known for his Bitcoin (BTC) advocacy, lost the Republican primary election Aug. 7. According to unofficial results published by the Missouri Secretary of State, Petersen lost the battle to Attorney General Josh Hawley, who received 58.6 percent of the 663,553 votes. Hawley will go on to face to…

Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves
According to the firm, they mine close to 20 BTC per day. 202 Total views 5 Total shares In its third-quarter earnings release, Canadian cryptocurrency miner Hut8 announced that it surpassed its goal set earlier this year of holding 5,000 Bitcoins (BTC) in reserves through mining. Its Bitcoin balance now amounts to 5,053, for a total market…

Ethereum price falls below $1.1K and data suggests the bottom is still a ways away
Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021.More importantly, Ether has underperformed Bitcoin (BTC) by 33% between May 10 and June 14, 2022, and the last time…

Aviation Database Struck By Unknown Ransomware Gang
A ransomware attack against Garmin affected pilots that rely on the company’s support for aviation navigational equipment. 422 Total views 7 Total shares Smartwatch maker and data-syncing service provider, Garmin, was the subject of a ransomware attack that took down several of its services on July 23, which managed to encrypt its internal network.According to…

Scambaiter Kitboga reveals tips for outsmarting scammers
Scambaiter Kitboga reveals how to outsmart fraudsters in an exclusive Cointelegraph interview.