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Stacks said a Bitcoin reorg and “unexpected mining behavior” caused its nine-hour outage, and China’s Coolpad Group is buying 2,700 more crypto miners.

Weekend Wrap: Stacks back after block stutter, Chinese telco buys miners and more

Bitcoin L2 Stacks back after a 9-hour nap Bitcoin layer-2 network Stacks have resumed producing blocks over the weekend after nine hours of downtime on Friday, June 14.

3 months ago

Crypto meets reality TV in a hit online game just scooped by Uniswap.

Uniswap Labs’ Crypto: The Game set for Emmy Award consideration

Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for a...

3 months ago

The new NiceHash firmware will combine the advantages of two products.

Home miners may benefit from NiceHash, Marathon Digital collaboration

Cloud crypto mining platform NiceHash has introduced a new firmware product with features developed by Marathon Digital, making the mining company’s technology available to retail and home...

3 months ago

The need for the U.S. to implement dollar-backed stablecoins “couldn’t be timelier” as China continues to come up with its own solutions, former House Speaker Paul Ryan stressed.

Stablecoins would help US keep up with China — Former House speaker

United States dollar-pegged stablecoins could alleviate the government’s debt crisis and help the country’s dollar keep up with the Chinese yuan, which has been flexing its muscle in...

3 months ago

Keith Gill, known as Roaring Kitty, buys 4 million more GameStop (GME) shares, increasing his holdings to over 9 million shares worth $262 million.

Roaring Kitty buys another 4M GME stocks, birthing conspiracy theory

Stock trader Keith Gill, famous for his involvement in the GameStop (GME) short squeeze, has bought more shares of GME. Gill, known online as “Roaring Kitty” and &ldq...

3 months ago

The 1 billion HLG tokens were worth $14.4 million at the time of the first mint, Etherscan data shows.

Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG

Blockchain tokenization platform Holograph’s native token fell as much as 79.4% after a malicious actor hacked the protocol’s operator contract and minted 1 billion HLG tokens worth ...

3 months ago

The UwU Lend hacker has now stolen a combined $24 million from the protocol across two attacks.

UwU Lend offers a $5M bounty to whoever catches its exploiter

The team behind the UwU Lend protocol is offering a $5 million bounty to whoever identifies its attacker after they pulled off a second exploit on the protocol. “Repayment deadli...

3 months ago

Paradigm has been discussing its new crypto fund for the past few months as markets rebounded.

Paradigm raises $850M for third crypto fund

Venture capital firm Paradigm has closed a third fund to invest in crypto and blockchain-based projects at an early stage. According to an announcement on June 13, the VC firm has ...

3 months ago

Solana Labs has launched Bond, a new platform that will let non-crypto brands leverage the power of blockchain tech to engage with customers.

Solana Labs debuts blockchain customer loyalty platform Bond

Solana Labs, the company behind layer-1 blockchain Solana, could soon be bringing many more non-crypto native brands and their customers into Web3 without many of them even knowing. As...

3 months ago

TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s.

TON flips ETH in daily active addresses, but that’s not the full picture

The Open Network (TON) blockchain has recorded more daily active addresses than Ethereum nearly every day this month. One firm suggests it could be a quiet “flippening” fue...

3 months ago