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Hope Finance Drained for $2M
Decentralized finance (DeFi) protocol Hope Finance suffered a $2 million exploit on February 20th.
The hacker purportedly stole everything from the protocol genesis, according to its Twitter account, which was the first…
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New York state announces another upgrade to its virtual currency monitoring capacity
The New York State Department of Financial Services (NYDFS) has announced enhancements to its ability to detect illegal activities with virtual currency among the entities its regulates. The new capacities are part of its efforts to keep…
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Kevin O’Leary Warns US Crypto Regulation Getting ‘Very Aggressive’ —…
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and massive fines,” O’Leary…
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Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter…
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year,…
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Ordinals Litecoin fork took one week and was ‘quite simple,’ says creator
A small monetary bounty and an aptitude for coding were all it took to fork the Ordinals protocol to the world’s second-ever cryptocurrency network, Litecoin (LTC) earlier this week, its creator told Cointelegraph.On Feb. 18, an…
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Bitcoin Miners Generated $600K From Ordinals Transactions in 2 Months: Dune
Since the launch of the new controversial Bitcoin-based non-fungible token (NFT) protocol Ordinals in mid-December, miners on the largest blockchain have made nearly $600,000 in BTC transaction fees.
According to data…
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US SEC fines former NBA Star Paul Pierce $1.4M for crypto
The US SEC crypto crackdown does not seem to be fizzling out any time soon.
Former NBA star Paul Pierce has agreed to…
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Bitcoin Is ‘Unresponsive’ to Monetary and Macroeconomic News
Bitcoin, cryptocurrency’s flagship coin has been a grey area in relation to both monetary and macroeconomic factors. Different regulators, such as the New York Federal Reserve, deep-dive into this relationship and the after-effects the…
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Square Enix to Use Polygon’s Network in Symbiogenesis, Its Upcoming Web3 Experience –…
Japanese gaming company Square Enix has announced that it will be using Polygon, an Ethereum sidechain, as a base for Symbiogenesis, its upcoming Web3 experience. Naoyuki Tamate, producer of the game, cited the high transaction…
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Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more
New logo slated for Yuga’s dog-themed NFT collectionThe logo for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after recently surfaced allegations of intellectual property…
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