KyberSwap to Compensate Users Affected by Hack with Treasury Grants.
KyberSwap is setting up a grant program to compensate those impacted by the incident.Affected persons will get a grant equal to the USD equivalent of the assets lost.The DeFi protocol…
Tether CEO Unveils Future Plans and Diversification Strategies.
Tether is planning to build a geothermal power plant in El Salvador. The CEO stated that Tether is looking forward to becoming an infrastructure provider.From his role as CTO to…
Jack Dorsey Leads $6.2M OCEAN Funding Round to Decentralize Bitcoin Mining
Co-founder of Twitter and Block Jack Dorsey is putting his money behind a new venture that aims to decentralize global Bitcoin mining.On Nov. 28, Mummolin announced that it had raised…
Check Out How Much Was Lost to Crypto Hacks in November.
November’s loss of $363 million exceeds that of September, which had a record of $332 million.The crypto market has just witnessed its worst month in 2023 in terms of exploits,…
XRP Striving Hard to Climb After Finding Support at $0.60 Level.
At the time of writing, XRP is trading at $0.6148, up 0.26% in the last 24 hours.If the price manages to go above $0.62 level, then it will likely climb…
Crypto Twitter Rebukes BBC “Swimming Pool” FUD About Bitcoin’s Energy Use.
Bitcoin does use water to power its mining operations – but there’s a whole lot more to the story.Bitcoiners are blasting the British Broadcasting Corporation (BBC) following the outlet’s recent…
Dogecoin Funded SpaceX ‘Doge-1’ Secures NTIA Approval for Moon Mission.
The DOGE-1 satellite launch, fully funded in DOGE tokens, marks a historic milestone as the first cryptocurrency-funded space mission.The Dogecoin-funded SpaceX ‘Doge-1’ Moon Mission is moving closer to launch after…
Singapore High Court Rejects Do Kwon’s Lawsuit Dismissal Plea.
Terraform’s legal team sought to have the case transferred to arbitration. The attorneys claimed that the clients had waived their rights to a trial and class action lawsuit. The founder…
FTX and Alameda Research Move $10.8 Million Worth of Cryptocurrencies.
The head of FTX’s administration, John J. Ray III, has been attempting to recover assets. Eight tokens were used in the most recent $10.8 million transfer. Using eight different cryptocurrencies,…
Judge Reprimands U.S SEC Over False and Misleading Representations.
The court found that the corporation suffered irreparable harm as a result of the actions.A federal court reprimanded US SEC lawyers for their management of Debt Box’s assets.On Friday, December…