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” German crypto bank Nuri with 500K users files for insolvency “ Nuri, a German start-up crypto bank with 500,000 customers filed for insolvency on Aug. 9, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move. The crypto bank said the move will “ensure…
” Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions “ On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged role in cryptocurrency money laundering operations, intervals of 0.1 Ether (ETH) transactions began materializing from the smart contract to prominent figures such as Coinbase CEO Brian Armstrong and…
” Selling Bitcoin doesn’t mean you’re not bullish: Cypherpunk CEO “ Despite a massive wave of liquidations on the cryptocurrency market, some companies that sold their crypto over the past few months are not bearish on Bitcoin (BTC) at all. Canada-based investment firm Cypherpunk Holdings was one of the companies that opted to sell crypto…
” Reddit partners with FTX to enable ETH gas fees for community points “ After moving away from Bitcoin (BTC) payments years ago, online forum Reddit now seems to be inching closer to embracing cryptocurrency payments via a new partnership with the FTX exchange. Sam Bankman-Fried’s crypto exchange FTX and Reddit announced in a joint…
” Blockchain and NFTs are changing the publishing industry “ Web3 has become the most sought-after investment sector of 2022, as use cases for nonfungible tokens (NFTs), the Metaverse and other blockchain applications come to fruition. Therefore, it shouldn’t come as a surprise that different segments of the publishing industry have begun to use Web3…
” Korea Blockchain Week, Aug. 9: Second-day takeaways from the Cointelegraph team “ Korea Blockchain Week (KBW) 2022 wrapped up its two-day mainstage events this evening, which again saw a number of influential speakers take to the podium including Janine Yorio of Everyrealm, Yat Siu of Animoca Brands and Sky Mavis’ Jeffrey Zirlin. Held at the…
” 20 million JavaScript devs can now build applications on NEAR: KBW 2022 “ 20 million JavaScript developers will now have the ability to write blockchain smart contracts and build applications on the NEAR Protocol, after rolling out JavaScript Software Development Kits (JS SDKs) on Monday. Speaking with Cointelegraph at the Korea Blockchain Week (KBW)…
” Trend Micro calls out vulnerabilities in metaverse security development “ In a new report published by American-Japanese cybersecurity company Trend Micro, the firm said that the Metaverse possesses increasing vulnerabilities that could materialize within the next three to five years. As told by Trend Micro, the top threats to the sector, mainly from a…
” Australia-based crypto miner doubles hash rate after energizing Canadian rigs “ Australian Bitcoin miner Iris Energy said it had increased its hash rate to more than 2.3 exahashes per second following the completion of phase two of its operations in Mackenzie, Canada. In a Monday announcement, Iris Energy said it had brought 41 megawatts…
” FTX, Bybit rise in web traffic despite overall traffic drop on CEXs “ The ongoing cryptocurrency winter has triggered an overall decline in interest in centralized crypto exchanges (CEX), but some crypto trading platforms have seen a rise in website traffic. A few major global crypto exchanges, including Sam Bankman-Fried’s FTX, have experienced a…