BUSINESS
Bitcoin ETFs: Passive investing in the world’s premier cryptocurrency
Bitcoin ETFs can be a great way for risk-averse investors to participate in the largest cryptocurrency through traditional markets.
BUSINESS
SudoRare shuts shop, makes off with 519 ETH
This is the latest rug pull, a scam where developers abandon a project and leave with investors’ funds.
BUSINESS
Building for Web3: Understanding the divergences with Web2
Investor and developer interest in Web3 is at its peak. Here are the structural and technological elements needed to build it.
BUSINESS
Samsung, Alphabet, BlackRock among 40 top firms investing in blockchain and crypto
The investee companies are spread over 20 sectors, and offer more than 65 use cases.
BUSINESS
Crypto-lending platform Hodlnaut axes 80% of staff
Company cites cost-cutting as the reason and says the remaining 20 percent would play a vital role in recovery. Hodlnaut held $187 million in TerraUSD, and its problems started when it crashed to zero in May, leading to significant losses, reports say.
BUSINESS
Five reasons Celsius customers may have to forfeit their crypto assets
Once counted among the biggest crypto lenders, a lack of accounting controls and reckless betting are some of the reasons behind the fall of Celsius Network
BUSINESS
Crypto scam revenue drops 65% in 2022 due to market downturn: Report
The number of individual transfers to scams was at its lowest level in four years, suggesting that fewer people are becoming victims of crypto frauds.
BUSINESS
Crypto bear hug: evaluating the performance of blue-chip and meme tokens
While meme coins continue to be of interest, they have performed worse than others, making them a riskier proposition for crypto investors.
CRYPTOCURRENCY
Exclusive: Buy cryptos that have utility value, says Mark Cuban
Tokens are useful for things that can’t be done without crypto such as smart contracts and buying insurance and carbon offsets, the billionaire investor said.
BUSINESS
Crypto markets have hit the floor, says JP Morgan
With Bitcoin crossing the psychologically important level of $24,000, the crypto market has reclaimed $1 trillion level in market value, led by a rise in the prices of blue-chip tokens
CRYPTOCURRENCY
Crypto Lending Firm Hodlnaut Halts Withdrawals
Joins a long list of crypto firms halting withdrawals and trading.
BUSINESS
WazirX-Binance rift: What it is all about and what it means for Indian crypto investors
While WazirX’s acquisition was celebrated by Binance in 2019, the global crypto firm’s distancing itself from WazirX could be the beginning of a fractious relationship between the two crypto exchanges
BUSINESS
Legal documentation in place to prove WazirX owned by Binance: Nischal Shetty
Nischal Shetty said Zanmai Labs had a licence from Binance to process rupee transactions on cryptocurrency exchange WazirX
BUSINESS
Bitcoin’s white paper: A guide
This article, which is now referred to as the Bitcoin Whitepaper, was first released in October 2008 by Satoshi Nakamoto and included important information about how Bitcoin (BTC) may enable a trust-less electronic payment system by utilising cryptographic evidence.
CRYPTOCURRENCY
Decrypting the Solana Wallet attack and how investors can safeguard their crypto holdings
With reports indicating around 8,000 ‘hot’ wallets were compromised in the attack, experts advise investors to switch to hardware wallets for better security.
BUSINESS
Understanding premier stablecoin USD Coin and what works for it
Counted among the top stablecoins in terms of market capitalisation, USDC is pegged to the dollar and allows for quick value transfers that are cost-effective
BUSINESS
Millions drained in latest Solana wallet hack
The hack on the Solana ecosystem came a day after Nomad Bridge was hacked and the attacker made off with about $191 million
BUSINESS
Cross-chain bridge Nomad hacked, $191 million stolen
The cross-chain bridge allows transfers between Avalanche (AVAX), Ethereum (ETH), Evmos (EVMOS), Milkomeda C1 and Moonbeam (GLMR).
BUSINESS
Understanding the challenges plaguing the metaverse and navigating the cacophony
While cryptocurrency experts are promoting an upbeat narrative, a number of obstacles threaten the metaverse's survival
BUSINESS
Financial markets unaffected by crypto sell-off, says IMF
The IMF’s report refers to the collapse of the Terra blockchain and its native token Luna that rocked crypto markets with Bitcoin losing 70 percent of its value since it reached an all-time high in August last year.
BUSINESS
Coinbase venture funding down 34% in Q2 of CY22
The decline in venture funding activity was attributed to the volatility in markets, which saw many founders rethink or put their rounds on pause, particularly at the later stages
BUSINESS
ETH jumps 50% in over a month, founder says protocol to be 55% complete after ‘merge’
Merge alludes to the network’s move to the ‘proof-of-stake’ consensus from its current ‘proof of work.’ ETH developers had, last week, announced that the merge will tentatively take place during the week of September 19
BUSINESS
Blockchain tech can help protect patients' privacy, improve data security: Zelis CTO
Blockchain technology greatly reduces security risks and gives hospitals and healthcare IT organisations a much stronger line of defence against cybercriminals, as information stored on a blockchain cannot be copied or modified
BUSINESS
Death threats compelled us to disappear: 3AC Founders
The firm collapsed due to leveraged trades, which were done in the hope that the falling crypto market would rebound, said one of the founders. The two now plan to move to Dubai, which anyway was their original destination
