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Bitcoin News

Poly Network Hacker Says 'In the Defi World Code Is Law’ While Returning Millions in Defi Tokens

Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens – Defi Bitcoin News

Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions...
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Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed – News Bitcoin News

Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed – News Bitcoin News

In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to...
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Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying 'It Could Have Been a Billion'

Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’ – Bitcoin News

On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how...
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U.S. Senators and Treasury Reach Compromise on Crypto Requirements in Infrastructure Bill

US Senators and Treasury Reach Agreement on Crypto Requirements in Infrastructure Bill – Regulation Bitcoin News

Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury...
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US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and 'Make Americans Poorer'

US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’ – Regulation Bitcoin News

U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies...
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Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume

Axie Infinity Hits 1 Million Daily Active Players, First NFT Project to Hit $1B All-Time Trade Volume – Altcoins Bitcoin News

The Ethereum game Axie Infinity continues to see demand as the developer Sky Mavis revealed on Friday there are now more than 1 million daily active players. Additionally, the game...
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Oscar Mayer Is Auctioning a 10-Pack of Dogecoin-Themed Hot Dogs, Proceeds Go to Hunger-Relief Charity

Oscar Mayer Is Auctioning a 10-Pack of Dogecoin-Themed Hot Dogs, Proceeds Go to Hunger-Relief Charity – Bitcoin News

After a great number of well known product brands like Burger King, Axe, Snickers, Milky Way, and Slim Jim have been riding the dogecoin hype, the American meat and cold...
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Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum

Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum – Bitcoin News

On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports....
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Cryptocurrency Gaining Mainstream Interest as Payment Option: Report

Report – Featured Bitcoin News

Cryptocurrency is gaining mainstream traction among consumers who want to use it for purchases, according to a new report. Out of more than 8,000 U.S. consumers surveyed, 93% of crypto...
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HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UK

HSBC Becomes Latest Bank to Suspend Payments to Crypto Exchange Binance in UK – Finance Bitcoin News

HSBC has reportedly become the latest British bank to announce that it has suspended payments to cryptocurrency exchange Binance. Citing a consumer warning by the country’s financial regulator, the Financial...
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