Author: e_cash_top
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$590M BNB moved to Tether-blacklisted wallet amid rumors of Binance hack
[ad_1] Two million BNB tokens worth roughly $590 million were transferred to a newly generated wallet to an address that Tether then blacklisted. The blacklisting was highlighted by a Tether bot on Twitter, fueling the rumor of one of the year’s biggest hacks. [2022/10/06 21:24] USDT blacklisted 0x489a8756c18c0b8b24ec2a2b9ff3d4d447f79bec in block 15691728 https://t.co/qhyr8eHU84 — usdt blacklist…
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Saylor gives away BTC via lightning network
[ad_1] Bitcoin maximalist Michael Saylor used the Lightning network to send 3 million sats (0.03 BTC) to three winners of his Lightning meme contest. Crypto researcher Eric Wall shared a Twitter pool asking if Michael Saylor has completed more than three Lightning transactions. Being a vocal Lightning network advocate, Saylor replied to the pool with…
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Marathon Digital invested over $30 million in bankrupt Compute North
[ad_1] Bitcoin (BTC) miner Marathon Digital has disclosed it invested $10 million in convertible preferred stock and $21.3 million in unsecured senior promissory notes in bankrupt crypto firm Compute North, according to an Oct. 6 press statement. The press release further stated that the BTC miner paid $50 million to Compute North as operating deposits.…
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Number of active Ethereum users increased 36% in Q3 despite bear market
[ad_1] Ethereum saw a significant increase in the number of unique users on its network in the third quarter. Data from Dune Analytics showed that Ethereum gained over 4.5 million new active users in the third quarter. The growth breaks the trend of steady decline in users the network has been facing since the fourth…
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Binance removes 5 HNT, OOKI trading pairs, adds 18 new ones
[ad_1] Exchange giant Binance announced that it will remove HNT/BUSD and HNT/USDT cross & isolated margin pairs and HNT/BTC, HNT/USDT, and OOKI/BNB spot pairs next week. The cross & isolated pairs HNT/BUSD and HNT/USDT will be removed on Oct. 12, while the rest will be removed two days later, on Oct 14. HNT/BUSD and HNT/USDT…
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Decentraland has just 30 daily active users despite billion dollar market cap – DappRadar data
[ad_1] Twitter user @0x_shake, who identified himself as the founder of the Solana-based Cyber Samurai NFT project, noted that despite a $1.2 billion valuation, Decentraland has just 30 daily active users (DAUs). Decentraland ( $MANA ) has 30 Daily Active Users and a $1.2 Billion Market Cap pic.twitter.com/u4MBNsWvwk — SHAKE (@0x_shake) October 6, 2022 The…
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Riot Blockchain produced over $7.1M worth of BTC in September
[ad_1] Riot Blockchain, a Bitcoin mining company based in Texas, produced 355 BTC in September this year. The news is part of Riot’s unaudited production and operations updates for last month, in which the company disclosed its BTC holdings, sales, and profits. According to the announcement, Riot’s 355 BTC production represents a 13% decrease as…
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DeFiYield REKT list reveals 18% decrease in lost DeFi funds during September totaling $170M
[ad_1] DefiYield, the DeFi investing and yield farming platform, tracks exploited projects across the DeFi ecosystem through its REKT database. Since January 2022, it has tracked over $60 billion in lost or stolen funds across 1,195 events, including Terra Luna. Ronin, Nomad, and the Wormhole bridge. Roughly $2.4 billion has been recovered throughout the same…
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Bitcoin outperforms traditional crypto stocks in 2022 by up to 22%
[ad_1] Bitcoin’s price is down roughly 56% since January but crypto-related stocks such as MicroStrategy, Riot Blockchain, Coinbase, and Hut8 Mining are down up to 74%. The orange line in the chart below shows Bitcoin’s decline in 2022 as a percentage of the January price. The other lines represent major Bitcoin equities, none of which…
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Bitcoin mining pool Poolin in distress following liquidity crisis
[ad_1] The Bitcoin mining pool Poolin on Sept. 6 announced liquidity problems and subsequently suspended withdrawals, flash trades, and internal transfers from its network. Mining pools collate processing power from contributing miners to generate block rewards more quickly and consistently versus “going alone.” The rewards are distributed in proportion to the members’ contribution (or donated…