Ethereum (ETH) miners fearing the worst should the network’s much-vaunted move to proof-of-stake (PoS) go ahead next month could be thrown a lifeline – with Justin Sun and his Poloniex crypto trading platform stating that they will provide support for a proposed proof-of-work fork (PoW) fork…. Read More: Justin Sun, Poloniex Back Plan to Create…
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The ongoing market downturn has not discouraged professionals from taking payment in cryptoassets, as indicated by the latest report released by global payroll specialist Deel. In the first half of 2022, crypto payments represented 5% of wages collected by cross-border professionals, up from 2% in the preceding six-month period. “Crypto withdrawals hold steady the last…
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Cross-chain messaging protocol Nomad announced a bounty of up to 10% for the return of the (majority of the) USD 190m stolen from the Nomad bridge on August 1. Per the press release shared with Cryptonews.com, “The bounty is for those who come forward now, and for those who have already returned funds.”… Read More: Nomad…
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The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks. On top of its wholesale central bank digital currency (CBDC) projects and proof-of-concept Retail CBDC testing with corporates, the Bank of Thailand (BOT) will extend the scope of CBDC development aimed at retail to a pilot phase.…
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After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million. Cryptocurrency mining firm Argo Blockchain continues to sell its Bitcoin (BTC) holdings to cut its debt to Michael Novogratz’s crypto investment firm Galaxy Digital. Argo sold another 887 Bitcoin in July to reduce obligations under a…
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Having served two years in prison in France, accused BTC-e mastermind Alexander Vinnik has now been extradited to the U.S. to face multiple charges in California. Accused Bitcoin- (BTC)-e operator Alexander Vinnik has reportedly been extradited to America to face up to multiple charges relating to money laundering while working at the now-defunct cryptocurrency exchange.…
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Blockchain analysis firms involved in Solana exploit investigation unpack the latest developments as teams try to figure out how private keys were stolen. Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets. Investigations are ongoing after attackers managed to steal some…
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Nomad announced that it’s offering up to a 10% bounty to return funds stolen from the recent hack on the Nomad bridge on Aug. 2. Nomad announced a bounty of up to 10% for the return of the stolen funds from the Nomad bridge. In a website announcement and tweet, the company publicly provided a…
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Top cryptocurrency exchange, LBank, gave its various communities across the world a July to remember. With a lineup of activities, the trading platform kept it interesting, interactional and most importantly, educational for its users. In addition, the exchange supported several philanthropic projects that helped the less fortunate in different regions. While the month was jam-packed…
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The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining The executive power in…
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