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Gamma Strategies Launches Investigation into Security Incident Following Exploit Draining Over 211.9 ETH
4.1.2024
Source: Pixabay The Ethereum-based asset management protocol, Gamma Strategies, is currently investigating an ongoing security incident that may have resulted in the depletion of at least 211.9 Ether (ETH). We're monitoring and reacting to a possible security incident. Please be patient while...
ETF Countdowns, Screaming Buys, Happy New Years and 20 Crypto Jokes
30.12.2023
Source: AdobeStock / Wayhome Studio This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes. __________ This week in crypto: the Bitcoin ETF countdown has begun, representatives from at least seven companies seeking to launch ETFs...
Reports State at Least $1.7B Was Lost in Hacks and Exploits During 2023
29.12.2023
Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion, while De.fi, another Web3 security firm, states that...
Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: ‘At Least Encode the Jpeg on the Blockchain’
28.12.2023
Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image format) of the NFT on the blockchain, like inscriptions...
SEC Meets with Seven Bitcoin ETF Applicants as 29 December Deadline Approaches: Reuters
25.12.2023
Source: AdobeStock / Backcountry Media Representatives from at least seven companies seeking to launch exchange-traded funds (ETFs) linked to spot Bitcoin (BTC) have met with officials from the Securities and Exchange Commission (SEC). According to a report by Reuters, the discussions, based...
Circle Informs Clients of IRS Inquiry Into $20K Annual Transactions
21.12.2023
Numerous advocates of digital currencies report that Circle Internet Financial has been reaching out to its clients about a summons received from the Internal Revenue Service (IRS). Circle has stated that it is obliged to submit records concerning U.S. taxpayers who have engaged in transactions...
South Korean Police Shut Down ‘170-victim Robot-themed Crypto Scam’
28.11.2023
Source: DrArt/Adobe Police in South Korea have arrested a group of people they suspect of duping 170 “crypto investors” – by posing as cryptoasset-issuing robot developers. Per Joongang Ilbo, the Jeonnam Police Agency, officers made at least two arrests, with a 63-year-old and a 36-year-old charged...
GBTC Could See $2.7 Billion Outflow Upon ETF Conversion, JPMorgan Analysts Say
24.11.2023
Source: Pixabay / petre_barlea JPMorgan analysts have reported that the Grayscale Bitcoin Trust (GBTC) could experience outflows of at least $2.7 billion if it is converted into a spot Bitcoin exchange-traded fund (ETF). The report from JPMorgan suggests that traders have been buying GBTC shares...
Nigeria’s Fintech Startup Paystack Cuts Workforce, 33 Employees to Depart
18.11.2023
The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere....
JPMorgan Says JPM Coin Could Handle $10 Billion in Daily Transactions Next Year
17.11.2023
Global investment bank JPMorgan expects its digital currency, JPM coin, to “start taking off.” The bank says JPM coin could handle $10 billion in daily transactions in the next year or two, according to its global head of financial institution payments. He emphasized that JPM coin...
Bitcoin 'Terminal Price' hints next BTC all-time high is at least $110K
10.11.2023
If history repeats itself, Bitcoin will easily be able to deliver a six-figure BTC Price next cycle, the on-chain indicator says
Ethereum’s Dencun Upgrade Faces Setback — Delay Amid Testing Requirements
27.10.2023
The highly anticipated Dencun upgrade for the Ethereum blockchain won’t be making its debut in 2023 as initially expected. Ethereum’s core developers have decided to push back the upgrade’s release until at least 2024, a revelation made during the latest All Core Developers...
Unicoin Makes History: Acquires Luxury Resort in Largest Ever Crypto-Property Deal
26.10.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. The Eden Grand Resort is currently under development and set to occupy 64,000 square meters of land in Chonburi, Thailand. However, while the expansive lot, which aims to be filled...
AutoSave with VSCode
23.10.2023
Visual Studio Code has taken the crown of most used text editor, at least in JavaScript spheres. VSCode is fast, feature-filled, and supports thousands of plugins to boost productivity. Developers can also tweak hundreds of settings to enrich functionality. One such feature is the autoSave feature....
Baldur’s Gate 3’s Least Popular Race Is Also Its Most Powerful
19.10.2023
Dungeons & Dragons role-playing game Baldur’s Gate 3 contains a variety of fantastical races, some of them cute, others…not. The humanoid BG3 Githyanki race comes in shades of sulfur, with pinched noses and stretched ears, which, tragically, makes it the least popular choice for custom characters....
Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development
2.10.2023
On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a consortium of over...
Digital Euro at Least 2 Years Away, ECB’s Lagarde Says
25.9.2023
The central banker said she wanted to address “conspiracy theories” about government snooping
Lawyers Have Raked In At Least $700 Million From Major Crypto Implosions: New York Times Report
5.9.2023
Lawyers, accountants, and consultants make up professionals who have raked in over $700 million in fees following the collapse of several digital asset firms last year.
A new report by the New York Times shows how the unfortunate crypto incidents have led to an unexpected “financial bonanza”...
The 9 Least Essential Starfield Mods You Can Install Right Now
4.9.2023
As is all-too-often the case, Bethesda releases its games with half-baked UIs, dodgy animations, and painfully slow menus, knowing that its community will clean it all up for them via mods. So as expected, over the weekend all manner of essential mods for Starfield have appeared that will clear...
The 9 Least Essential Starfield Mods You Can Install Right Now
4.9.2023
As is all-too-often the case, Bethesda releases its games with half-baked UIs, dodgy animations, and painfully slow menus, knowing that its community will clean it all up for them via mods. So as expected, over the weekend all manner of essential mods for Starfield have appeared that will clear...