Bitcoin Recaptures the $20,300 Mark While Polygon Sees Major Gains

The month of June 2022 was brutal in terms of Bitcoin and broader market correction. The world’s largest cryptocurrency collapsed by more than 37 percent recording its worst monthly performance since 2011. Since then, Bitcoin has been consolidating at around $20,000 (roughly Rs. 15.8 lakh) levels. As things stand, the price of the world largest […]

Hackers Breach British Army’s Twitter, YouTube Accounts to Promote NFTs

Britain’s army said its Twitter and YouTube accounts had been breached on Sunday. As of 6pm GMT (11:30pm IST), the @BritishArmy handle, which is verified by Twitter, had retweeted a number of posts promoting non-fungible tokens (NFTs) on its timeline. The army YouTube account had been renamed ‘Ark Invest’ and showed several videos relating to […]

Dutch University Gets Cyber Ransom Money Back, With Interest

A Dutch university that fell victim to a massive ransomware attack has partly received back its stolen money… which in the meantime more than doubled in value, a news report said on Saturday. The southern Maastricht University in 2019 was hit by a large cyberattack in which criminals used ransomware, a type of malicious software […]

Crypto Lender Voyager Digital Suspends Trading, Deposits to Its Platform

Crypto lender Voyager Digital said on Friday it has suspended withdrawals, trading and deposits to its platform and said it is exploring strategic alternatives to preserve the value of its platform. The move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC) for the fund’s failure to […]

Tether Announces to Reduce Commercial Paper Holdings Amid Crypto Gloom

Tether, the world’s largest stablecoin, said on Friday it had cut its commercial paper holdings by around 58 percent as part of an earlier commitment to reduce its exposure to riskier assets. Stablecoins — a variety of cryptocurrencies designed to keep a steady value — are in sharp focus after the collapse of the TerraUSD […]

BAYC NFT Holders Can Rent Out Their Bored Apes to Brands, Here’s How

The holders of Bored Ape Yacht Club (BAYC) NFTs can now earn money by loaning their assets to different brands. Recently, blockchain accelerator Mouse Belt Labs launched an online marketplace called ‘Boredjobs’. Holders of BAYC NFTs can list their Apes on Boredjobs so that brands would know they are up for hirings. Essentially, BAYC owners […]

Metaverse Mass Adoption Could Be Years Away, Says Pioneer

Big brands are rushing to the metaverse but the path to profit is still unclear and mass adoption may be years away, one of the sector’s biggest players, Sebastien Borget, told AFP in an interview. Borget is co-founder of The Sandbox, a platform that began life as a game for mobile phones and PCs but […]

Landmark ‘MiCA’ Rules Approved by EU to Regulate Crypto Industry

Europe has moved to lead the world in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for tighter scrutiny. European Union negotiators hammered out the final details for a provisional agreement late Thursday on a sweeping package of crypto regulations for the bloc’s […]

Bitcoin Remains Below $19,500 While BNB, Solana Chart Minor Gains in Value

Bitcoin has been spiralling around the $20,000 (roughly Rs. 15.8 lakh) mark after a 57 percent slide this year but had dropped to $18,782 (roughly Rs. 14.85 lakh) over the past 24 hours before staging somewhat of a comeback.bAs things stand, the price of the world’s largest cryptocurrency by market value is hovering around the […]

Cryptocurrency Asset Firm Grayscale Sues SEC for Blocking Bitcoin ETF

A firm billing itself as the world’s largest cryptocurrency asset manager has filed a legal challenge against US securities regulators after they denied an application to list a Bitcoin-focused fund on the stock exchange. Grayscale filed a petition with a federal appeals court on Wednesday, after the Securities and Exchange Commission (SEC) said the proposed […]

This site uses cookies to offer you a better browsing experience. By browsing this website, you agree to our use of cookies.