Ongoing Solana-based wallet hack has already seen millions drained
NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at…
Month: August 2022
Textbook publisher wants to use NFTs to skim the used-textbook market
The academic textbook publisher hopes to capture a portion of secondary market sales on digital…
Michael Saylor will step down as MicroStrategy CEO but remain as executive chair
The soon-to-be former CEO said splitting the roles of MicroStrategy’s chief executive officer and chair…
Google AI turns all 10,000 BAYC NFTs into machine-made art
Google cloud-computing AI recreated Bored Ape Yacht Club NFTs into machine-made paintings. Google Cloud Neural…
Ledger reportedly seeking additional $100 million in funding
Investors are said to be flocking to cold storage for their cryptocurrency as liquidity concerns…
Blockchain.com wins registration next to parent firm on the Cayman Islands
Blockchain.com is working to seek registrations in countries like Italy, France, Spain, The Netherlands and…
Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security
Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC)…
Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments
On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded…
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190…
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let…
Crypto miner Digihost plans to move rigs from New York to Alabama
The mining firm said it aims to have a hashing capacity of 28 MW at…
CoinShares reports $21.7M loss tied to Terra implosion
The firm’s book-making took a huge hit after being exposed to the TerraUSD collapse. On…
Crypto users spent $2.7B minting NFTs in first half of 2022: Report
Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible…
Bitcoin derivatives show a lack of confidence from bulls
High correlation to stock markets and recession risks limit optimism on the part of BTC…
Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report
The hedge fund manager was part of a $50-million funding round for NFT company Recur,…