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September 2022

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Hacker Steals Bill Murray’s Crypto After $185K NFT Charity Auction

The auction’s original runner-up bidder has already offered to replace the stolen funds. Hours after the closing of Bill Murray’s NFT auction that raised 119.2 ETH (around $185,000) for charity Thursday, a hacker stole the funds. The hacker started to drain Murray’s personal wallet at around 7:00 p.m. ET on Thursday, according to on-chain data from Etherscan and details from Murray’s […]

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BLOCKSTREAM, SEVENLABS PARTNER TO LAUNCH DECENTRALIZED BITCOIN EXCHANGE

With XDEX, users can trade bitcoin, stablecoins and other assets related to bitcoin like Liquid assets in a P2P transaction, thereby removing intermediaries. Blockstream, Sevenlabs partnered with Poseidon Group to launch a decentralized exchange for bitcoin and security assets. The exchange, XDEX, is being built on the open source protocol TDEX and will operate 24/7.

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Decentralized NFT Marketplace Sudoswap To Launch Ethereum Token Airdrop

Sudoswap, a decentralized NFT marketplace, on Friday announced a new token to assist in transitioning the digital marketplace for crypto collectibles and non-fungible tokens (NFTs) to a decentralized autonomous organization. Normally, a decentralized autonomous organization is an entity with no central leadership – it is a structure in which a community of users who have entered into

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Sanctioned Russian Bank Tests In-app Operations With Digital Rubles

A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with Moscow’s actions in Ukraine. Russian Bank Experiments With Digital Ruble Transfers via Mobile Application

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62% of wallets did not sell Bitcoin for a year amid the bear market: Data

The majority of traders have held Bitcoin for one year and above, 32% held BTC for one month up to a year and 6% have held for less than a month, data reveals. Despite the uncertainties brought about by the bear market, on-chain metrics show that the majority of Bitcoin (BTC) traders have been using a

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Former Binance Labs Head Bill Qian Joins Cypher Capital as Chairman

Dubai-based cryptocurrency investment firm Cypher Capital has hired former Binance Labs head, Bill Qian, as its chairman, according to a report from The Information. Cypher Capital is a UAE-based venture capital firm that primarily focuses on investing in Token, blockchain and digital asset-related projects. Qian will oversee the management and operations of Cypher Capital as chairman.

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Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes

Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September 1st, this being the second round of layoffs the company has executed

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IMMORAL STUDENT LOAN FORGIVENESS, BROKEN ACADEMIA COULD BE FIXED WITH A BITCOIN STANDARD

Federal student loan forgiveness is immoral and fueled by the broken monetary system. Bitcoin would force higher education to improve. The so-called “forgiveness of student loans” promised by President Joe Biden is not just the death of sound economic policy in the U.S., it is the death of accountability for many Americans. The loan forgiveness

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Thailand Toughens Rules for Crypto Ads

The new rules, which took effect this week, require crypto operators to display clear risk warnings on ads and prohibit the inclusion of false or exaggerated information about companies. Tougher rules governing crypto advertising in Thailand came into effect on Thursday, according to an official notice from the country’s securities regulator. The new restrictions prohibit

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