Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report
3.8.2022
The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July
Mental health support prime for decentralization, say academics
3.8.2022
A shortage of mental health services in the future could be solved with a Web3-powered mental health support network, suggests academics
Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss
3.8.2022
The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he said
Bitcoin and Ethereum Hold Support, ETC Accelerates Again
3.8.2022
Bitcoin price traded close to the key USD 22,500 support zone before moving higher again. BTC is currently (04:12 UTC) consolidating near USD 22,900 and is unchanged in a day and up almost 8% in a week.
Similarly, most major altcoins are holding key support levels. ETH stayed above USD 1,550...
SOL Drops as Thousands of Wallets Attacked on Solana
3.8.2022
SOL, the native token of the Solana network, dropped following reports that thousands of wallets have been drained in apparently still ongoing attack.
Per blockchain auditor OtterSec, over 5,000 Solana wallets have been drained in the past few hours....
Read More: SOL Drops as Thousands of Wallets...
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
3.8.2022
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring,...
Ongoing Solana-based wallet hack has already seen millions drained
3.8.2022
NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play" and called on users to revoke permissions for any suspicious links in their Phantom wallets
Textbook publisher wants to use NFTs to skim the used-textbook market
3.8.2022
The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas
3.8.2022
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligations and cybersecurity.” Robinhood Crypto Settles With the DFS The...
'This is on me' — Robinhood CEO to lay off 23% of staff after Q2 loss
3.8.2022
The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderately this quarter
Gucci becomes first major brand to accept ApeCoin payments
3.8.2022
Gucci has ramped up its Web3 initiatives by allowing crypto nerds to purchase its products with ApeCoin in its stores, adding to a list of 12 other digital assets it accepts for payment
Solana Wallets Targeted in Latest Multimillion Dollar Hack
3.8.2022
Non-custodial Solana wallet Phantom appears to be the latest victim of an exploit, with users reporting that their funds have been drained unknowingly