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” Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield “ Blockchain investigator PeckShield has reported roughly $4.8 million in crypto moved from ZB.com amid the exchange announcing the suspension of withdrawals. In a Wednesday tweet, PeckShield speculated that hackers might be responsible for transferring 21 types of tokens off of the…
” Roman Catholic Archdiocese of Washington, DC will accept crypto donations “ The archdiocese of Washington, D.C. of the Roman Catholic Church will begin accepting donations in cryptocurrency as part of an effort to grow its ministries. In a Tuesday announcement, crypto platform Engiven said it would be facilitating donations to the Roman Catholic Archdiocese…
” Canadian taco franchise uses NFTs for customer loyalty program “ With 19 locations across Canada and a plan for expansion into the United States, this $6 million taco franchise wants to capitalize on their growing customer base. The collection, Tenacious Tacos, allows holders to receive both Web3 and real benefits. Moreover, for those who…
” Borrowing to buy Bitcoin: Is it ever worth the risk? “ The cryptocurrency space is expected to reach 1 billion users in 2030. While some have been known to make a fortune off of it, others have ruined their finances, chasing similar results, going as far as getting credit to buy crypto by putting…
” Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm “ With Solana hitting the headlines for succumbing to a hack on Wednesday, prominent crypto CEOs — including Binance’s Changpeng “CZ” Zhao, KuCoin’s Johnny Lyu and OKX’s Jay Hao — recommended that Solana (SOL) investors move their holdings over to their own exchanges as an immediate security…
” Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report “ Despite crypto market turbulence, active contributors across Bitcoin, Ethereum, and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report. The findings come from an August 2 report sent to Cointelegraph by technology investment…
” Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss “ The crypto contagion sparked by Terra’s infamous implosion this year only spread to companies and protocols with “poor balance sheet management” and not the underlying blockchain technology, says Kraken Australia’s managing director Jonathon Miller. Speaking with Cointelegraph, the Australian crypto…
” ‘This is on me’ — Robinhood CEO to lay off 23% of staff after Q2 loss “ Online brokerage firm Robinhood will lay off nearly a quarter of its employees, citing a continued deterioration of the macro environment and a broad crypto market crash. The bad news came in a Tuesday blog post from…
” Gucci becomes first major brand to accept ApeCoin payments “ Italian high-end fashion giant Gucci has become the first major brand to accept payments in the Bored Ape Yacht Club affiliated ApeCoin (APE). The move was announced on August 1 and could provide the ApeCoin project with significant mainstream exposure along with bringing further…
” Michael Saylor will step down as MicroStrategy CEO but will remain executive chair “ Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm he helped co-found in 1989. In a Tuesday notice on its second quarter earnings for 2022, MicroStrategy said…