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In late March, Ronin bridge, an Ethereum sidechain built for the widely popular play-to-earn (P2E) NFT game Axie Infinity to handle surging demand from gamers, was hacked for over 173,600 Ether (ETH) and 25.5 million USD — a combined value of over $600 million. The company’s official report regarding the hack
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Coinbase is focusing on growing the crypto and Web3 ecosystem in India. “Combined with India’s world-class software talent, we believe that crypto and web3 technology can help accelerate India’s economic and financial inclusion goals,” said CEO Brian Armstrong. Coinbase Expanding in India With Web3 and Crypto Push The Nasdaq-listed cryptocurrency exchange Coinbase
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Bitcoin (BTC) began to show fresh signs of an impending correction on March 31 as BTC price action began to eat into last weekend's CME futures gap.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewUp or down, CME futures gaps provide targetsData from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly spiking down
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“In terms of user growth, we’re seeing increasing activity across Southeast Asia and the CIS [Commonwealth of Independent States] region. We only recently launched operations in Latin America, but the region is also showing a lot of promise,” Jeff Mei, Director of Global Strategy at Huobi Group, told CryptoX. Source
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Bitcoin (BTC) returned to beat the week’s four-month highs on Oct. 8, climbing $2,000 in two hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price beats Wednesday’s highData from Cryptox Markets Pro and TradingView showed BTC/USD hitting just over $56,150 on Bitstamp in a fresh show of bullish momentum.Wednesday’s dramatic uptick had
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Riot Blockchain, a Nasdaq-listed crypto firm in the United States, plans to sell its exchange to focus on Bitcoin (BTC) mining ahead of the halving.According to an official announcement on Feb. 20, Riot has “opted to sunset further development of Riot's U.S.-based digital currency exchange” in order to focus
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While the crypto community is talking about “altcoin season,” one of the world’s oldest crypto exchanges is calling BS on everything that is not BTC.After turning into a Bitcoin (BTC)-only exchange, the United Kingdom’s oldest cryptocurrency exchange Coinfloor is now expanding its consumer BTC services.Focused on Bitcoin, the world’s
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The IOTA project unveiled on Feb. 3 a series of upgrades dubbed Chrysalis, an intermediate stage between now and the removal of the Coordinator. The upgrade introduces several important features, some of which change long-standing IOTA principles.Chrysalis, or IOTA 1.5, takes its name from the second stage in a
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Kik, one of the largest messaging applications to operate on a global scale, has decided to shut down in the face of a ferocious legal battle with the U.S. Securities and Exchange Commission (SEC) that has exhausted the company’s chances for survival. Recently, the company issued a layoff notification to
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