KuCoin hackers keep moving stolen tokens to the largest DeFi exchange

Are the KuCoin hackers DeFi noobs? After a major hack at KuCoin cryptocurrency exchange, cybercriminals continue to move stolen crypto to decentralized exchanges, or DEXes. According to data from crypto transaction tracking service Whale Alert, KuCoin hackers keep sending thousands of dollars worth of Synthetix Network Token (SNX) to Uniswap — the largest decentralized finance […]

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Chinese state TV just shilled DeFi and Ethereum to hundreds of millions of users

Chinese state TV just shilled DeFi and Ethereum to hundreds of millions of users A branch of Chinese state television that has hundreds of millions of viewers recently did a segment on cryptocurrencies in which it discussed Ethereum, DeFi, amongst other topics. Chinese state television just did a segment on Ethereum, DeFi, and more In […]

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Darknet cryptocurrency and two intersecting health crises

With new technologies evolving, criminals find easier ways for illicit activities — that is the dark side of anonymity and decentralization. While the precise origin of the COVID-19 pandemic is unknown, it has infected more than 30 million people, with almost 1 million confirmed to have died from it as it continues to spread across […]

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US banks can hold reserves backing crypto stablecoins

US banks can hold reserves backing crypto stablecoins In a fundamentally important development for the cryptocurrency industry, the US Office of the Comptroller of the Currency (OCC) said today that national banks and federal savings associations are legally allowed to hold the currency “reserves” that back stablecoins. Stablecoin reserves can now be held by US […]

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Gaming giant Atari partners with blockchain-powered entertainment platform Ultra

Gaming giant Atari partners with blockchain-powered entertainment platform Ultra Per the release, Ultra operates an entertainment platform that enables gamers to play, discover, buy, and transact on a blockchain-based network with other gamers and interact with in-game assets. Its previous partnerships include other gaming developers and software giants like Ubisoft and AMD.The new project will […]

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‘DeFi was vaporware from its onset’ says known crypto bear Roubini

He's been dismissive of all things crypto for years, but does he have a point this time? Known for his previous comments criticizing the crypto industry, economist Nouriel Roubini recently posted fresh negativity against the digital asset sector. "DeFi was vaporware from its onset," he said in a Sept. 24 tweet. "Now totally faltering as […]

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Bitcoin’s Moment to Shine Again?

Bitcoin's Moment to Shine… Again?   A lot of folks still treat Bitcoin as a curiosity. It's been available to common investors longer than Tesla (TSLA) has. And yet, for more than a decade, Bitcoin has been dismissed again and again as "the new kid on the block." In that time, we've seen its value explode… deflate… […]

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How Chainlink’s newest partnership will combat a global 19 billion fraud

How Chainlink’s newest partnership will combat a global $19 billion fraud The firm notes that today’s content delivery networks (CDN) lack reach, causing video re-buffering, and high load times in many parts of the world. Skyrocketing data needs means users demand 4k, 8k, and higher quality streams create infrastructure bottleneck.However, their centralized nature means less […]

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Most Americans are against a digital dollar CBDC survey reveals

U.S. citizens appear to be opposed to a digital dollar despite expressing concerns over the existing financial system. A new study by crypto mining firm Genesis Mining suggests the majority of U.S. citizens are against the introduction of a Central Bank Digital Currency. A survey conducted by Genesis mining discovered that out of the 400 […]

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