Tag: bitcoin trader

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Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report

The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July. 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 a Tuesday report…
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Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm

Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets. 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…
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Oxford City Football Club to accept Bitcoin for matchday tickets

In a first for the sixth-tier English football league, the club will wear the BTC logo on their shirts and fans will be able to buy tickets with Bitcoin over the Lightning Network. United Kingdom Bitcoin (BTC) payments adoption just recruited a new player. Oxford City Football Club looks to become the first National League…
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Brazil Might Approve Its Cryptocurrency Law This Week

This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is set to also discuss…
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Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push

Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. The investment will give Socios.com 24.5% of the stake in the digital division of the club and will allow it to reshape…
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South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry

A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading inaccurate information that “does immeasurable damage to an important new industry.” Only 0.15% of Crypto Transactions Are…
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Bitcoin and Ethereum Hold Support, ETC Accelerates Again

Bitcoin price traded close to the key USD 22,500 support zone before moving higher again. BTC is currently (04:12 UTC) consolidating near USD 22,900 and is unchanged in a day and up almost 8% in a week. Similarly, most major altcoins are holding key support levels. ETH stayed above USD 1,550 and recovered higher. XRP…
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SOL Drops as Thousands of Wallets Attacked on Solana, Millions in USD Stolen (UPDATED)

An ongoing Solana (SOL) hack has affected more than 8,000 wallets and drained a (currently) estimated USD 4.5m-USD 8m worth of funds. (Updated at 07:50 UTC: updates throughout the entire text.) According to data compiled by crypto tracking platform MistTrack, four addresses linked to hackers have so far stolen USD 580m worth of crypto assets…
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Textbook publisher Pearson wants to use NFTs to capture second-hand sales

The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title. Textbook publisher Pearson has revealed its plans to use non-fungible tokens (NFTs) to keep track of digital textbook sales and effectively “diminish the secondary market.”  According to a Bloomberg report on…
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Ongoing Solana-based wallet hack seeing millions drained

NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play” and called on users to revoke permissions for any suspicious links in their Phantom wallets. An ongoing, widespread hack has seen as much as $8 million in funds drained so far across a number of Solana-based hot wallets. At…
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