How the fall of the 'King of Crypto' cost one British man millions

King of crypto

How the fall of the 'King of Crypto' cost one British man millions

With the so-called "King of Crypto" about to go on trial for multiple fraud charges, one British man tells how the collapse of Sam Bankman-Fried's company lost him a fortun...

1 year ago

Crypto funding: Startups raise $115M across gaming, custody, and institutional services

Well into the autumn, crypto and Web3 startups are beginning to put up solid fundraising amounts

Crypto funding: Startups raise $115M across gaming, custody, and institutional services

As the summer season officially concludes this Saturday, the outlook for crypto fundraising appears promising heading into the fall. Eleven crypto startups raised a combined total of $...

1 year ago

Mixin Network Losses Nearly $200M in Hack

Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.

Mixin Network Losses Nearly $200M in Hack

Mixin Network has confirmed a report from SlowMist, a blockchain security consultancy, that it has been hacked for nearly $200 million. “In the early morning of September 23...

1 year ago

Foreign Travelers Can Now Use China’s Digital Yuan App

Visitors to China can now buy digital yuan tokens with overseas cards via the central bank’s official CBDC mobile app.

Foreign Travelers Can Now Use China’s Digital Yuan App

Per the China Business News, via Yicai, the bank has updated its app to allow visitors to China “to download the digital yuan app from app marketplaces.” The platform ...

1 year ago

Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration

The strategic investment into Northern Data through Tether group company Damoon may involve collaborations leveraging AI, P2P communications and data storage solutions.

Tether acquires stake in Bitcoin miner Northern Data, hinting at AI collaboration

The firm behind stablecoin Tether has invested an undisclosed amount into German-based crypto miner Northern Data Group in a move backing artificial intelligence (AI) initiatives.

1 year ago

Binance wallet spends almost $1M in ETH gas fees in one day

A Binance spokesperson told Cointelegraph this was due to a routine consolidation of ETH to one of its wallets.

Binance wallet spends almost $1M in ETH gas fees in one day

A crypto wallet belonging to trading platform Binance has spent 530 Ether, worth around $843,797, in gas fees in just 24 hours, according to blockchain data explorer Etherscan.  O...

1 year ago

Microsoft unveils AI-powered Copilot for Windows 11

Microsoft has revealed a new set of artificial intelligence-powered solutions across its products, kicking off with Windows 11 on Sept. 26.

Microsoft unveils AI-powered Copilot for Windows 11

Microsoft has taken another step toward integrating artificial intelligence (AI) technology into its products. On Sept. 21, the company announced Microsoft Copilot, which merges interf...

1 year ago

Mt. Gox Bitcoin repayment: The day that never comes

Over the last decade, Mt. Gox has repeatedly postponed plans to reimburse the funds that the crypto exchange had barred its users from withdrawing since Feb. 25, 2014.

Mt. Gox Bitcoin repayment: The day that never comes

Mt. Gox’s infamous 2014 security breach — which lost 850,000 Bitcoin of investors’ funds — resulted in its users embarking on a seemingly never-ending, dec...

1 year ago

Analyst Expects XRP to Soar to $0.60 Once It Breaks Major Resistance

XRP aims to recover $0.60, but prominent crypto analyst EGRAG believes the asset’s ascent to this level is contingent on breaking the $0.55 resistance.

Analyst Expects XRP to Soar to $0.60 Once It Breaks Major Resistance

EGRAG disclosed this in a recent analysis of XRP’s price actions following the asset’s break above a multi-month downtrend. The latest insights build on a previous post from the anal...

1 year ago

Is Gala Going to Zero? GALA Price Drops 1% as New Bitcoin Start-up Surges Past $4 Million Milestone

Is Gala Going to Zero? GALA Price Drops 1% as New Bitcoin Start-up Surges Past $4 Million Milestone

Gala Games (GALA) continues to tumble in the aftermath of a legal dispute between co-founders Eric Schiermeyer and Wright Thurston, which has so far seen GALA bleed-out -32%. It is&nbs...

1 year ago

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