Author: e_cash_top

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[ad_1] Leading electric car company Tesla said it limited its Bitcoin losses to about $106 million, despite the high volatility that rocked the crypto market, as per theStreet. Back in February 2021, Tesla CEO Elon Musk announced that the company had purchased over 43,200 BTC for $1.5 billion. By the end of June 2022, the…

Polkadot sees slight gain as market rut continues

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in Uncategorized

[ad_1] The cryptocurrency market cap saw net outflows of $1.11 billion over the past 24 hours, pushing the total to $929.47 billion as of press time. Bitcoin’s market cap fell 0.17% over the reporting period to $369.77 billion. Meanwhile, Ethereum’s market cap increased by 0.65% to $164.58 billion. The top 10 cryptocurrencies posted losses except…

Nic Carter ‘disappointed’ by lack of original research in White House report on Bitcoin mining

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[ad_1] Peter McCormack and Coinmetrics co-founder Nic Carter argued that the “White House is wrong about Bitcoin mining” during the latest episode of WhatBitcoinDid. The report in question was one of several commissioned by President Biden via an Executive Order in March. Carter claimed that the White House reached out to him for comment on…

Britain’s new ‘pro-crypto’ Prime Minister slammed as ‘no friend of Bitcoin’

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in Uncategorized

[ad_1] Twitter user @ODELL called out newly appointed U.K. Prime Minister (PM) Rishi Sunak as “no friend of Bitcoin,” adding that reports of his pro-crypto rhetoric are “misleading.” The basis for @ODELL’s comments came from a video of Sunak talking about Central Bank Digital Currencies (CBDCs,) which are generally viewed by the community as philosophically…

Klaytn pumps after proposal to reduce block rewards passes

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[ad_1] Klaytn network’s KLAY is up more than 30% to $0.2055, making it one of the best-performing digital assets this week, according to CryptoSlate data. Proposal to reduce block rewards Klaytn Governance Council (GC)has approved a proposal to reduce the network’s block rewards because of the current market situation. GC Proposal Vote Results: PASS 👥 26…

Crypto-friendly Rishi Sunak appointed UK Prime Minister

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[ad_1] Former U.K. Chancellor, the crypto-friendly Rishi Sunak, has been appointed Prime Minister following a short leadership campaign. Under the leadership campaign rules, each prospective candidate must obtain at least 100 nominations from Members of Parliament (MP) to advance to the next phase – a nationwide ballot of party members. However, Sunak’s remaining rival, Penny…

On-chain data reveals Binance US, Bittrex also targeted by API attack used on FTX

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[ad_1] A joint report by X-explore and WuBlockchain has revealed that the recent API bot attack on FTX and 3Commas had further reaching implications than first believed. The attack on FTX, which happened Oct. 21, utilized 3Commas technology and a phishing scam to take control of several users’ API keys. API Key Phishing scam exploits…

Coinbase to custody up to $1.6B USDC for MakerDAO

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[ad_1] The MakerDAO community has approved a proposal by Coinbase to custody up to $1.6 billion USDC with the Prime reward program. Earlier on Sept. 6, Coinbase submitted a governance proposal seeking to onboard 33% of MarkerDAO’s USDC holdings to the Coinbase Institutional Rewards program. After due consideration by the MakerDAO governance forum, Coinbase’s proposal…

Quickswap to close lending market following $220K exploit

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[ad_1] Decentralized exchange QuickSwap said that it will close its lending pool after Market XYZ was exploited in a flash loan attack. In the early hours of Oct. 24, blockchain security firm PeckShield flagged a flash loan attack against Market XYZ, a lending pool on QuickSwap. The attacker manipulated the miMATIC price on Curve Oracle…

Bitcoin mining difficulty reaches new ATH; FTX, Binance US, Bittrex attacked by same phishing scam

Oct 24, 2022

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