Bitcoin Mining Hashrate Drops to New Low as Miners Face Crypto drought
The Bitcoin mining hash rate declined by over 26% in the last 30 days as miners grapple with falling prices across the board. Hashrate is the computational power required to…
NFT Protocol OMNI Suffers Reentrancy Attack Loses 1.3k ETH in Testing Funds
NFT protocol OMNI experienced a hack where 1,300 ETH in internal testing funds stolen. The attacker carried out a reentrancy attack. The NFT space continues to be a prime target…
SFC CEO in Hong Kong Resigns To Join UK’s FCA in January 2023
Alder becomes the longest-serving CEO of the commission. Alder’s 11-year term accounts for a third of the commission’s 33-year existence. Hong Kong’s Securities and Futures Commission (SFC) CEO Ashley Alder,…
CoinFLEX Claims Deficit Climbed to $84 Million in Fresh Update
Recently, the exchange halted withdrawals on its platform.An arbitration proceeding in Hong Kong is underway against this person.In response to Roger Ver, CoinFLEX has issued a fresh update. According to…
Tether says Celsius Exposure Hardly Affected its Reserves
Celsius, a leading crypto loan platform, is now experiencing liquidity challenges. The corporation has maintained that it is in excellent health despite the market slump. Tether has informed investors and…
Spanish Crypto Exchange ‘2gether’ Suspends Operations
Customers were notified via email by the exchange.To keep their accounts alive, they must pay $20.35 every month. Some cryptocurrency exchanges and lenders have been unable to restore client payments…
XRP is Number seven on CoinMarketCap Ranking as they Overtakes Cardano
XRP has risen 9.46 percent in the last seven days.After two years of development, the XRPL Labs team presented Hooks Amendment.In CoinMarketCap’s top market-capitalization rankings, XRP has been able to…
Japan To halt Crypto Exchanges and Miner’s Ties With Russia
US officials have identified the region of Siberia as a key crypto mining center.A call has been sent to 31 Japanese crypto exchanges.It has been reported by the Financial Times…
Stablecoin Receiving Collaterals From TRON Reserve
As of June 7, TRON DAO reserve holds $2.2 billion. The supply of USDC has also increased to 445 million. TRON DAO reserve has made some recent purchases of tokens…
AAVE Submits Proposal of ‘GHO’ Stablecoin Pegged to USD
There will be no reserve factor for GHO interest payments. “Facilitators” have also been included as a notion in the plan. DeFi protocol AAVE proposes the creation of GHO, a…