zkLend loses $4.9M in Starknet exploit, offers bounty to hacker
ZkLend lost nearly $5 million in a Starknet exploit. The protocol offered the hacker a 10% bounty if the remaining funds were returned before Feb. 14.
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Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle. 385 Total views 1 Total shares Ripple CEO Brad Garlinghouse has publicly announced the company’s intent to support “pro-crypto’ candidates during the 2024 United States election season. The company is among a group to have pledged a total of

Crypto Biz: BlackRock Bitcoin ETF seed capital, HashKey targets market makers, and more
The countdown is underway for the United States Securities and Exchange Commission (SEC) to decide on approving the first spot Bitcoin exchange-traded fund (ETF) in the United States. After several delays, the regulator’s final deadline is approaching, with market participants anticipating a decision in early January 2024.In another sign that a green light may be

5 key reasons why Bitcoin will likely see new all-time highs soon
The price of Bitcoin (BTC) has been under severe selling pressure by whales for the past two months as on-chain data reveals.However, five key indicators are suggesting that major sellers are about to turn into hodlers or even accumulators of Bitcoin again while institutional demand remains high. This is an explosive setup that may send…

Pornhub Adds Tether Stablecoin as New Crypto Payment Option
Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019.According to a Jan. 23 blog post, Pornhub now supports Tether (USDT) — a major United States dollar-pegged stablecoin — to allow instant and zero-fee payments via the crypto wallet and browser extension TronLink.Pornhub…

Daft Punk meets CryptoPunks as Novo faces up to NFTs
Just recently, NFT collector CryptoNovo was posing for hundreds of photos, taking meetings with top tech companies and attending scores of invitation-only parties across New York City.Today, the former-schoolteacher-turned-Metaverse-mascot is raking leaves in his suburban Illinois front yard.“Dude,” Novo remarks excitedly as he works, “That just happened.”That would be NFT.NYC, the early November conference/gathering/bacchanal that…

P2P Crypto Trading Volume Increased 2800% in South Africa, Says Paxful
Peer-to-Peer (P2P) cryptocurrency trading platform Paxful has seen 2,800% more trades in South Africa this month compared to October 2018.Demand for crypto sharply increases in S.A.Paxful announced the growth of its South African user base in a blog post published on Oct. 28. In the post, the company also notes that Johannesburg, Pretoria and Cape…

Report: 76% crypto miners use renewables as part of their energy mix
The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report. The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of cryptocurrency miners use electricity from…

Kraken Hires Former CoinDesk Editor Pete Rizzo for Content Department
Pete Rizzo, former editor-in-chief at leading crypto news outlet CoinDesk, has started a new position at cryptocurrency exchange Kraken.Per a Jan. 15 announcement from Kraken, Rizzo’s new role as Editor-at-Large will entail responsibility for content production for the company’s new products and services.Departure from CoinDesk and the new roleRegarding the shift in positions, Rizzo said…