Stolen Poloniex Ether worth $53M never made it back to the exchange

In the venture capital world, a privately-held startup company becomes a “unicorn” when its valuation exceeds $1 billion. 476 Total views 15 Total shares Blockchain infrastructure developer Blockdaemon has secured its status as a crypto unicorn after concluding a $155 million Series B fundraiser, putting the company on track to expand its operational footprint in…

A French commerce court has classified Bitcoin (BTC) as currency during a recent trial.Local news outlet Les Echos reported on March 5 that the Commercial Court of Nanterre decided on Feb. 26 to qualify Bitcoin as a fungible interchangeable asset that is not individualizable, just like fiat money.The ruling was part of a dispute between…

Ether (ETH) volumes on decentralized applications (DApps) have registered a new high, but new DApps coming on-chain are significantly low, crypto analytics firm Diar reported on May 6.The volume of ether transacted in April on DApps broke the previous record which was set last December by a small margin. This, Diar notes, marks a four-month…

Blockchain development platform and BitTorrent owner Tron will debut a host of upgrades via a hard fork at the end of the month, CEO Justin Sun confirmed on social media on Feb. 23.Tron, which presents itself as a competitor to Ethereum (ETH) for launching cryptocurrency tokens and other offerings, is preparing to increase its appeal…

October has been a dramatic month for the top brass of BitMEX crypto derivatives exchange, whose founders face multiple charges from U.S. authorities. 1498 Total views 21 Total shares BitMEX's co-founder and former chief technical officer, Samuel Reed, has signed a $5 million unsecured appearance bond for his release from custody pending court proceedings. Reed had…

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

Cardano CEO Charles Hoskinson announced that New Balance will be using the Cardano blockchain to help authenticate its products.The announcementAccording to a Sept. 28 article by Crypto Briefing, Charles Hoskinson, CEO of blockchain engineering startup IOHK, announced that American footwear brand New Balance will use the Cardano blockchain to allow its customers to verify the…

Bitcoin (BTC) starts one of the most important macro weeks of the year in a precarious position below $17,000.After its latest weekly close, BTC/USD showed little upward momentum prior to the Dec. 12 Wall Street open.With volatility yet to appear, the largest cryptocurrency continues to trade in a narrow range, and analysts are increasingly impatient…