OKEx Exchange Considers Delisting ETC After $5.6 Million Loss Due to a 51% Attack

OKEx will consider delisting Ethereum Classic (ETC) following the recent 51% attacks that saw the crypto exchange lose $5. 6 million. This was prompted by a double-spend where the attacker created confusion by launching a ‘shadow chain’ and leveraging OKEx’s high ETC liquidity. дальше »

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Bitfinex Hackers Shrug Off $400M Reward, Move Bitcoin Fortune to New Wallet

The offer of a $400 million reward appears not to be sufficient for the thieves that stole a massive amount of Bitcoin from Bitfinex back in 2016. The stolen stash has continued to move to different wallets throughout the years. дальше »

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From Bitcoin to ‘Shitcoin’ Dave Portnoy’s Next ‘Pump & Dump’ Target is Easy to Find

Yes! Dave Portnoy has already made a 180k — from bitcoin to shitcoins. It was only last week that Barstool Sports president bought about $1 million worth of Bitcoin, and he has already got the hang of how the crypto market works. дальше »

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Robinhood Valuation Climbs $11.2 Billion with New $200 Million Funding

Coinspeaker Robinhood Valuation Climbs $11. 2 Billion with New $200 Million FundingWith the latest funding, Robinhood announced an additional $200 million amid a season of consistent growth for the company. дальше »

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Pantera funding round hits $164.7 million for crypto fund

In a recent filing with the SEC, Pantera disclosed one of its crypto funds...

The post Pantera funding round hits $164.7 million for crypto fund appeared first on Coin Journal.

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Ethereum Classic 51% Attack: Okex Crypto Exchange Suffers $5.6 Million Loss, Contemplates Delisting ETC

Cryptocurrency exchange Okex reveals it suffered the $5. 6 million loss as a result of the double-spend carried out by the attacker(s) in Ethereum Classic 51% attack. Okex says it fully absorbed the loss as per its user-protection policy while insisting that the attack did not cause any loss to the platform’s users. дальше »

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Institutional Interest Picking Up for This DeFi Token which is on a ‘Tear’ This Year

The biggest gainer of 2020 Aave (LEND) has hit a new all-time high today at $0. 58. The 27th largest cryptocurrency by market cap of $736 million that has recorded 6,380% returns YTD is in the double-digits green today. дальше »

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OKEx Mulls ETC Delisting After Losses From Two 51% Attacks

OKEx admitted a total loss of approximately $5.6 million from the recent Ethereum Classic 51% attacks and could delist ETC from its exchanges. дальше »

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Qtum Will Pledge up to $5 Million to Its New DeFi Development Fund

Qtum has just launched one of the biggest DeFi development funds to date. $1M has been allocated initially by the Quantum Foundation but Qtum founder Patrick Dai has said that as much as $5M may eventually be assigned to DeFi devs. дальше »

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Crypto Trading App, Robinhood, Soars To $11.8 Billion Evaluation After $200 Million Series G Funding

Robinhood has closed its Series G funding at $200 Million. The Brokerage application firm made this announcement today via their official blog. The new cash injection brings their company valuation to $11. дальше »

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12,500 Traders Sign up for Bybit’s $1.2M WSOT Competition

All metrics suggest that crypto has entered a new bull market. Over $6 million a day is being spent on Ethereum in fees, active wallet addresses are at an all-time high, and interest in bitcoin trading has soared. дальше »

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Pantera Tells SEC Its Crypto Fund Has Raised Nearly $165M

Pantera has informed the SEC its crypto fund has received a total of $164.7 million from investors with portfolios worth over $5 million. дальше »

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Bitcoin Network Flexes New Hashrate Highs

The current hashrate and upcoming difficulty adjustment reveal the overall strength of the Bitcoin network. The hashrate for Bitcoin has reached a new all-time-high at 129 million TH/s. The previous ATH was just under 127 million TH/s on July 28 of this year. дальше »

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Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors

Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc, Renbtc, Sbtc, and more. дальше »

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Warren Buffett Will Buy Bitcoin Soon, Says Morgan Creek’s Jason Williams

On Friday, it was reported on several major news outlets that American billionaire investor Warren Buffett’s company Berkshire Hathaway bought 21 million shares of Barrick Gold worth $563 million. This is something investors like Buffett (known as value investors) have not done before. дальше »

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$217 Million Pour Into Grayscale’s Crypto Funds Following Bitcoin TV Ad Campaign

Grayscale Investments announced that it has raked in record investments of $217 million the week its TV commercial campaign launched. The company’s crypto TV commercial kicked off on CNBC, MSNBC, FOX, and FOX Business. дальше »

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US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case

The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon Coins. дальше »

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Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’ 

Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38. 5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28. дальше »

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Institutional Craze in Bitcoin Continues?Grayscale Raises $217 million in 1 Week

Grayscale, the company behind the Grayscale Bitcoin Trust, raised more than $217 million in a single week. дальше »

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Could Buffett’s Change in Gold Strategy Move Him Toward Bitcoin?

Warren Buffett’s investment firm Berkshire Hathaway Group has invested in gold production for the first time ever. The firm purchased 20. 9 million shares of Barrick Gold Corp. , one of the larger producers of gold. дальше »

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DeFi's 'new stage' welcomed as OKEx, Binance list Curve Finance's CRV

DeFi's ecosystem has come a long way over the past few months. From a Total Value Locked (TVL) figure of $539.8 million right after the market crash in March, it has recovered extraordinarily well to The post DeFi's 'new stage' welcomed as OKEx, Binance list Curve Finance's CRV appeared first on AMBCrypto. дальше »

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Miner Hut 8 Reports Q2 Revenue Plunged 67% to $6.9 Million Due to Bitcoin Halving

Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6. 9 million from $21. 2 million a year ago, as Bitcoin’s supply cut in May forced production to decline. дальше »

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Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners

One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million. дальше »

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Ethereum Suffers from Fundamentals Flaws — Is it the New Normal?

The fees on Ethereum had reached the highest since 2015 when it launched, surging past $7. More than 17,500, $6.8 million are currently being spent on fees daily on the network. Spencer Bogart, general partner at Blockchain Capital, “Mempools are getting more competitive as value at stake for pending crypto tax increases. This increased competitiveness […] дальше »

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This Bitcoin Trend Happened Only Twice & Indicates We are Still in the Early Phase of a Bull Market

The largest cryptocurrency took a drop under $11,300 yesterday only to make its way back to $11,850, which has been attributed to Dave Portnoy of Barstool Sports, educating his 1. 7 million Twitter followers about Bitcoin in which he is already in seven figures deep. дальше »

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Ethereum developers already want to launch YAM 2.0 after 90% price drop

After garnering a purported $750 million worth of deposits of Ethereum, Yearn. finance, and other cryptocurrencies, DeFi’s latest protocol Yam Finance collapsed on the morning of August 13. The post Ethereum developers already want to launch YAM 2. дальше »

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Attorney Ordered to Pay Out $5.2M for Bitcoin Escrow Mishap

The New York attorney released the funds without authorization and lost investment firm Benthos Master Fund $4.6 million intended for a bitcoin purchase deal. дальше »

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JPMorgan in Talks to Move Its Quorum Blockchain to ConsenSys, Leads $50 Million Fundraise

Coinspeaker JPMorgan in Talks to Move Its Quorum Blockchain to ConsenSys, Leads $50 Million FundraiseJPMorgan is in advance talks of investing $20 million in ConsenSys thereby pushing ahead the merger of its Ethereum-based Quorum to ConsenSys. дальше »

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$6.8 Million is Being Spent on Ethereum Fees Each Day as DeFi Craze Continues

The DeFi craze is reaching new peaks, with investors now throwing money into just about every Ethereum-based token with unique properties and strong “meme potential.” One such example of this is Yam Finance, which is a protocol launched roughly 48 hours ago that drew in hundreds of millions of dollars before a fatal bug left […] дальше »

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ETC Group’s Bitcoin ETP Hits $49 Million Assets Under Management in Two Months

Etc Group said Wednesday that its centrally cleared bitcoin exchange-traded product (ETP) has accumulated up to $49 million in assets under management since launch on June 18, 2020. The contract, known as Bitcoin Exchange Traded Crypto (BTCE), tracks the price of BTC and is 100% physically backed by the cryptocurrency. дальше »

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Yield farming protocol tanks and takes YFI, COMP, LEND down with it

The DeFi market took a huge hit earlier today when YAM, an experimental yield farming project, suffered a contract bug that caused its market cap to drop from $60 million to virtually zero. The post Yield farming protocol tanks and takes YFI, COMP, LEND down with it appeared first on CryptoSlate. дальше »

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Justice Department AG Claims US Gov, IRS Has Tools To Track Bitcoin Users

The United States has just revealed a seizure of over $2 million in Bitcoin said to be meant for financing terrorist organizations over social media. Coinciding with the case, the Justice Department issued a deterrent to those that seek to use cryptocurrencies as part of criminal operations. дальше »

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Goldman Sachs Sells Off 9% Shares of Ripple-Backed Payment Giant MoneyGram

Coinspeaker Goldman Sachs Sells Off 9% Shares of Ripple-Backed Payment Giant MoneyGramGoldman Sachs has sold off 9% of its MoneyGram shares worth $6. 5 million. The investment banking giant revealed this is an SEC regulatory filing this week. дальше »

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Authorities in Iran Encourage Citizens to Invest in Oil, Winklevoss Disagrees

Coinspeaker Authorities in Iran Encourage Citizens to Invest in Oil, Winklevoss DisagreesThe reality of the oil market didn't discourage the Iranian president from trying to presell its 220 million barrels of energy to its citizens. дальше »

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JPMorgan Investing in Ethereum: ConsenSys Blockchain Conglomerate Raising $50M

JPMorgan Chase & Co is in talks to lead a $50 million funding round in ConsenSys. The arrangement will see the bank’s Quorum project merged with the blockchain software development... дальше »

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Coinbase Effect Surges Numeraire (NMR) By 160% Following Listing Announcement

An announcement by Coinbase to list AI-focused Numeraire (NMR) token appears to have caused its price to rally by over 160% within the last 24 hours. Metrics from CoinMarketCap indicate that the project’s market cap also surged and currently stands at $127 million while the prevailing price of one NMR token is $46. Going by […] дальше »

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YAM Lives After Price Crashed 99%, YAM 2.0 will be Coming

Yesterday, in less than 24 hours since its launch, YAM had $450 million locked in its unaudited protocol, which today surged to $604 million only to get more than halved. Currently, $280 million are left in this protocol. дальше »

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Ethereum Becoming Unusable Due to Being Super Slow or Insanely Expensive

The ever increasing ETHUSD longs have reached $700 million in notional volume, spiking 10. 5% in the past ten days, and 127% in the past three months. However, Ethereum's daily active addresses have hit a 67-day low, closing out at 351. дальше »

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Investors Don’t Believe Ripple Is Really Worth $10B — And They’re Preparing To Unload Equity Stake At A Steep Discount

Back in December 2019, Ripple announced that it had raised $200 million in a Series C funding round led by Tetragon and Japan’s SBI Holdings. The round reportedly valued the blockchain firm at $10 billion. дальше »

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Forget YAM, Ethereum DeFi’s hottest new craze is Based—literally

Just 24 hours after it launched, a new Ethereum decentralized finance protocol called Yam Finance has received deposits of over $400 million worth of altcoins like Wrapped Ethereum and Yearn. finance. дальше »

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$400 Million Yam Project Implodes after Smart Contract Vulnerability

A high-flying crypto project denoted by a sweet potato emoji was stopped “dead” in its tracks Thursday after a smart contract vulnerability was discovered hours before a “rebasing. ” Yam Falls Prey to Poor Smart Contracts Crypto is the roller-coaster that never fails to give. дальше »

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Ethereum Transaction Fees Exceed Block Rewards, Network Utilization Stands at 96%

For the first time in Ethereum’s history, miners earned a record 30,500 ETH on Aug 12 as revenue from transaction fees – at 17,000 ETH ($6. 87 million), exceeded block rewards — which stood at 13,500 ETH. дальше »

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Over a Million South Koreans Now Hold Blockchain-Based Drivers Licenses

Over a million South Koreans now boast of having drivers licenses issued on the blockchain, as per local reports Thursday. Blockchain ID Accepted Everywhere Launched just over two months ago in May, the South Korean program for issuing driver licenses over a public blockchain has already attracted over one million Koreans, showing huge interest inRead MoreRead More. дальше »

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One Million South Koreans Now Have Blockchain Drivers Licenses

The program was only launched in May but already one million South Koreans have opted for a blockchain based license.

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Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug

A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited. дальше »

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American software firm buys up $250 million in Bitcoin, stock jumps 10%

Nasdaq-listed American enterprise software firm Microstrategy said it purchased over $250 million in Bitcoin this year, an announcement that pumped its stock prices up by 10 percent. The post American software firm buys up $250 million in Bitcoin, stock jumps 10% appeared first on CryptoSlate. дальше »

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DEX Aggregator 1inch Secures $2.8M Funding While its AMM Mooniswap Locks $5.5M

DEX aggregator 1inch has secured $2. 8 million in an external seed funding round led by Binance Labs. Other investors included Galaxy Digital, FTX, Dragonfly Capital, Greenfield One, Libertus Capital, IOSG, Divergence Ventures, and LAUNCHub Ventures along with Kyber Network founder Loi Luu and NEAR protocol founder Illia Polosukhin. дальше »

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MicroStrategy Buys Massive 0.1 Percent Of Total Bitcoin Supply

Business intelligence firm MicroStrategy has invested $250 million into bitcoin, accumulating about 0.1 percent of the total supply. The post MicroStrategy Buys Massive 0.1 Percent Of Total Bitcoin Supply appeared first on Bitcoin Magazine. дальше »

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MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply

Business intelligence firm MicroStrategy has invested $250 million into bitcoin, accumulating about 0.1 percent of the total supply. The post MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply appeared first on Bitcoin Magazine. дальше »

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Russian financial watchdog to spend $10 million on cryptocurrency tracking system

Rosfinmonitoring proposed to create a system for analyzing cryptocurrency transactions using artificial intelligence. To create this system, the watchdog needs 760 million rubles.

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