Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after...
Blockchain News
North Korean hackers swipe over $100M from Atomic Wallet users
Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their...
Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of...
Hong Kong legislator invites Coinbase to the region despite SEC scrutiny
Touting its progressive stance on cryptocurrencies, a Hong Kong legislator has invited Coinbase and other crypto exchanges to establish operations...
Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act,...
Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts
Over the past few weeks, a group of scammers has hijacked more than eight Twitter accounts belonging to prominent figures...
Quantum miners would yield ‘massive’ energy savings for blockchain: Study
A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study...
Cumberland Labs unveils SaaS API for public blockchains and DeFi protocols
Cumberland Labs, the incubator arm of Chicago-based crypto trading company Cumberland, has launched the beta version of a new API...
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security...
Tether invests in El Salvador’s $1B renewable energy project
Stablecoin issuer Tether has announced that it will be partnering with Bitcoin-friendly nation El Salvador to invest in a planned...
Atomic Wallet hack losses top $35M, on-chain sleuth reports
At least $35 million worth of crypto assets has been stolen from Atomic Wallet users since June 2, according to...
Fraudsters impersonate executives and create fake website
Hayden Adams, the creator of the Uniswap protocol and CEO of Uniswap Labs, recently expressed his surprise on Twitter regarding...
Evertas expands crypto insurance offerings to include mining and raises limits
Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining...
Scientists propose quantum proof-of-work consensus for blockchain
A team of researchers from universities in Australia and the United States, working in collaboration with quantum technology company BTQ,...
Gate.io denies liquidity problems after Multichain CEO goes missing
Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations...
Nansen lays off 30% of its workforce
Blockchain analytics platform Nansen has announced the trimming of its workforce by 30%. On May 30, Nansen CEO Alex Svanevik disclosed...
Another dormant Ethereum wallet reawakens after 8 years, moving millions
An Ether (ETH) wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2015, has suddenly awoken after...
Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?
Rumors suggesting that Grand Theft Auto 6 will incorporate cryptocurrencies surface every once in a while, fueling expectations that the...
Cronos Labs launches second cohort of $100M Web3 accelerator
Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program,...
Wife finds husband’s Bitcoin stash amid divorce proceedings
The divorce proceedings of a New York couple took a turn after a forensic accountant helped track down the husband’s...
Bitcoin Ordinals’ total mintage fees increase 700% from April: Report
According to a report compiled by @dgtl_assets of Dune Analytics, the total network fees paid for the minting of Bitcoin...
$3M worth of customer funds swiped via alleged Swaprum DEX rug pull
Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits...
