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Samsung uses blockchain-based security for devices in its network

October 13, 2022 by

Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network.

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Meta’s Web3 hopes face challenge of decentralization and market headwinds

October 13, 2022 by

Meta’s metaverse aspirations haven’t fared well for the tech giant, as the firm wiped out nearly five years’ worth of market cap in just 10 months of 2022.

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Hodlers prefer centralized exchanges over DeFi for security: Chainalysis

October 13, 2022 by

Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex CTO Paolo Ardoino believes.

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DappRadar explains why it counted less than 40 active users on Decentraland

October 13, 2022 by

DappRadar only tracks users directly interacting with blockchain, a new blog post explains. For example, Axie Infinity’s daily user count is over 100,000, but DappRadar measures it only at 20,000.

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Binance exchange burns $547M worth of BNB tokens

October 13, 2022 by

Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady.

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Crypto markets to see ‘explosive volatility’ soon: Arcane Research

October 13, 2022 by

Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term.

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Bitcoin price threatens $19K support ahead of ‘most hyped’ CPI print

October 13, 2022 by

Nerves are showing on the market after several days of Bitcoin “stuck” in a tiny trading range.

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Bank of China: Digital yuan transactions volume crossed $14B mark

October 13, 2022 by

The largest CBDC pilot in the world is going to expand on citizen payments and cross-border operations with Hong Kong.

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Offchain Labs acquires Ethereum core dev team Prysmatic Labs

October 13, 2022 by

Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations.

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Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis

October 13, 2022 by

While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis.

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Couple sent $10.5M by Crypto.com claim they thought they won a prize

October 13, 2022 by

The duo allegedly went on a spending spree with Crypto.com’s funds, buying four houses, vehicles, art, furniture and gifts, but 7 million AUD has now been returned.

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Russian stablecoin usage surged after Ukraine invasion: Report

October 13, 2022 by

According to Chainalysis data, Russia’s stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protect their assets.

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STEPN to sack 100 staff as players step away from the move-to-earn app

October 13, 2022 by

The move-to-earn blockchain game has seen a significant drop in its user base and its rewards token has taken a decline due to the cryptocurrency market conditions.

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French police use Twitter crypto sleuth’s research to catch scammers

October 13, 2022 by

The alleged fraudsters built a BAYC and MAYC NFT focused website that masqueraded as a service to animate the apes but instead phished victims details to steal their NFTs.

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Further BTC mining consolidation as Crusoe acquires peer mining firm

October 13, 2022 by

Crusoe Energy Systems has just acquired the operating assets of Great American Mining, a sign that further consolidation could be ahead.

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Blockchain.com gets regulatory nod from Singapore’s central bank

October 13, 2022 by

Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub.

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Polygon powers India police complaint portal, battling corruption

October 13, 2022 by

The First Information Report (FIR) launched on Polygon allows the citizens of Firozabad to register complaints against the police without worry of it being dismissed or manipulated.

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Court partially denies Aptos Lab’s motion to dismiss Glazer’s $1 billion lawsuit

October 12, 2022 by

Four legal claims were dismissed by the court, while three others were allowed to proceed.

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Brazil’s Rio de Janeiro will accept crypto-payments for property taxes

October 12, 2022 by

The city will allow taxpayers to make crypto payments through third-party service providers.

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Acting CoC Michael Hsu: Crypto is ‘immature,’ but maybe it doesn’t have to go away

October 12, 2022 by

The acting U.S. official added nuance to his well known skepticism about the crypto industry, but warns against accommodation, in speeches on risk and regulation.

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Many crypto asset activities pose ‘novel risks’ to banks, says Fed vice chair for supervision

October 12, 2022 by

Michael Barr suggested financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities around use cases of innovative technologies.

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Axie Infinity player count falls back to Jan 2021 levels

October 12, 2022 by

The numbers represent a 74% decrease from peak levels witnessed just ten months ago.

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The SEC was right to whack Kim Kardashian for shilling Ethereum Max

October 12, 2022 by

Kim Kardashian disclosed that she was paid for promoting Ethereum Max — but didn’t tell her followers the exact amount. The SEC did the right thing when it fined her for that oversight.

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nxyz raises $40M to enable faster blockchain indexing

October 12, 2022 by

The Web3 platform will focus on expanding its team globally and onboarding several more blockchains in the upcoming months.

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Coinsquare becomes first Canadian crypto exchange to receive IIROC registration

October 12, 2022 by

All crypto exchanges must register with IIROC if they want to operate in Canada, and there is currently a backlog of applications.

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Damien Hirst burns $10M in art: Nifty Newsletter, Oct 5–11

October 12, 2022 by

Racing league Formula One is positioning its brand in Web3 as it files trademark applications for “F1” covering crypto and NFTs.

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Mango Markets hacker proposes steep settlement

October 12, 2022 by

The Solana DeFi protocol suffered a $117 million exploit on Oct. 11, and the hacker wants 70M USDC in “bug bounty.”

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From neglecting security to bad tokenomics, DeFi has played a hand in its own decline

October 12, 2022 by

Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market’s decline.

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Coin Center files lawsuit against US Treasury over Tornado Cash sanctions

October 12, 2022 by

The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.”

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Price analysis 10/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

October 12, 2022 by

Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13.

Categories CoinTelegraph, Crypto Leave a comment
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