[ad_1] According to a Bloomberg report published on Dec. 27, the U.S. Department of Justice has launched an investigation into the whereabouts of approximately $372 million in missing digital assets from now-defunct cryptocurrency exchange FTX and FTX US. On Nov. 12, amidst bankruptcy and internal collapse, FTX warned customers of abnormal wallet activity regarding at […]
[ad_1] With the rising interest in digital assets from institutional and retail investors, custody options have also experienced parallel growth. As a result, different kinds of custody choices have evolved as the market changes, and new providers are working to establish the structures and controls that are most effective for particular markets and offerings. Self-custody, […]
[ad_1] A particular topic of interest in the blockchain space is the emergence of blockchain-related projects in the domain name system (DNS) and domain ecosystem. Handshake, in particular, has been gaining attention among decentralized technology enthusiasts for its potential to revolutionize how people think about and interact with domains, especially in the context of Web3. […]
[ad_1] From Terra to FTX, 2022 has given us many weird crypto stories. While investors have been enduring a bear market that saw the crypto industry sink below the $1 trillion market capitalization mark, adoption in the space has been growing, and old mysteries were finally solved. From the incredible short squeeze of a bankrupt […]
[ad_1] Blockchain gaming and the play-to-earn model were all the rage in 2021, but over time, the model declined as a few kinks were revealed and the wider nonfungible token (NFT) and crypto market hit a few speed bumps. It’s safe to say, the sector is “down, but not out” and it’s entirely possible that […]
[ad_1] According to a new report published by South Korea’s National Intelligence Service (NIS), North Korean hackers have stolen more than 800 billion Korean won ($620 million) worth of cryptocurrencies from decentralized finance, or DeFi, platforms this year. The agency also revealed it blocked a daily average of 1.18 million attacks perpetrated by national and […]
[ad_1] According to a Dec. 21 letter to shareholders from CEO Aroosh Thillainathan, German Bitcoin (BTC) mining company Northern Data expects to generate upward of $202 million to $206 million in revenue from crypto-mining operations this year. At the midpoint range, this represents a growth of 1.11% from Northern Data’s total sales of $202 million for […]
[ad_1] Cryptocurrency trading firm Auros Global, which reportedly suffered a $20 million dollar exposure in the FTX collapse, has released a statement saying it plans to resume regular operations after implementing a restructuring plan. Statement from Auros regarding recent references in the media – pic.twitter.com/9RFHhYjHqz — Auros (@Auros_global) December 20, 2022 Following the collapse of […]
[ad_1] According to an end-of-year letter to investors published on Dec. 10, Grayscale Investments CEO Michael Sonnenshein said that the firm might consider “a tender offer for a portion of the outstanding shares of GBTC [Grayscale Bitcoin Trust]” if the latter’s exchange-traded fund (ETF) conversion process is ultimately unsuccessful. Sonnenshein stated that “such tender offer […]
[ad_1] Crypto exchange OKX witnessed service disruptions after primary infrastructure provider Alibaba Cloud announced a hardware failure in Alibaba Cloud’s Hong Kong data center. Alibaba Cloud Hong Kong IDC Zone C server went offline on Saturday at roughly 10 pm ET and failed to recover for over seven hours at the time of reporting. On-chain […]