Once among the most valuable cryptocurrencies on the market, SOL has shed 97% of its value since its peak and is falling fast.
Biggest Crypto CEO Exits of 2022
Many major industry executives resigned or were removed as the bear market set in and contagion took hold.
Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer
Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits by entering a guilty plea.
Turkey Pushes Ahead With Digital Lira
The country’s central bank has completed the first tests of its CBDC.
Binance Users To Purchase Crypto Using Apple Pay & Google Pay
Users may now buy cryptocurrency using Apple Pay and Google Pay, according to a recent Binance Build update. According to the announcement, users may use these popular payment systems to acquire the cryptocurrencies offered by the exchange. #BinanceBuild update: Apple Pay and Google Pay payment options are now available on #Binance! Purchase crypto, with ease […]
BitDAO jumps up 20% on $100m buyback announcement
The market reacted with great enthusiasm to BitDAO (BIT) token holders voting to approve BIP-18 proposal to enact a $100 million BIT buyback. According to data gathered from decentralized governance platform Snapshot, the vote has not yet concluded. As of…
3Commas hack: OKX supports platform amid API key leak
OKX, one of the world’s largest digital asset exchanges, has announced via Twitter that it is aware of the security incident involving 3Commas.
Turkish Central Bank begins testing CBDC
The Turkish Central Bank has started running initial tests on its Central Bank-issued digital lira according to recent reports.
South Korean Hacker Stole $6.7M From Dead CEO’s Crypto Wallet
$6.7 million were stolen by a South Korean hacker from cryptocurrency wallets belonging to the late CEO of a business empire that included the exchanges Korbit and Bitstamp. According to Yonhap, a branch of the District Court in Eastern Seoul found a 39-year-old man guilty of hacking the wallets of NXC founder Kim Jeong-Ju and […]
‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake
Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only 4,790.45 ether has been minted since The Merge took place on […]