Octopus Network Announces Mass Layoff Amid Sluggish Market.
All remaining Octopus Network employees will take a 20% pay reduction.Octopus’ founder, Louis Liu, expressed pessimism about the sector as a whole. In light of the dismal state of the…
Bitcoin Mining Firm Agro Blockchain Halts Operations For 24 Hours
The corporation said that it has sought a 24-hour trading halt with the United States.The bitcoin mining company did not file for bankruptcy and is instead reorganizing.Agro Blockchain, a London-based…
A Ukrainian Stole Crypto Assets From Russian Dark Web Market
The crypto donation of almost $25,000 was sent to the Ukrainian nonprofit Enjoying Life. The Ukrainian and his associates were able to access the marketplace’s “master wallet”. Reports indicate that…
Billionaire Investor Bill Miller Remains Bullish on Bitcoin.
Recent retirement didn’t stop him from making Bitcoin one of his hallmark bets. Miller likens cryptocurrencies to digital gold because of potential as a store of wealth.Even though Bitcoin has…
Bitcoin Mining Pool BTC.com Suffers Cyber Attack $700000 Stolen
The attack is just another reminder of how vulnerable prominent crypto companies can be. Cybercrimes are increasing both in numbers and sophistication. The latest to find itself on the receiving…
400 Million Twitter User Accounts Exposed.
Threat actor Ryushi claims to have accessed a database of 400m Twitter users’ private info and is offering to sell it exclusively to prevent misuse. Cybercrime intelligence firm Hudson Rock…
Defrost Finance Suffers Flash Loan Attack Losing $12 Million
Defrost v2 had been attacked by a flash loan attack.The platform eventually recognized a v1 emergency as well. Both versions of Defrost Finance, a decentralized leveraged trading platform built on…
Japan Reportedly Plans To Allow Foreign Stablecoins Next Year.
The authority began soliciting public opinion on potential solutions. Local officials have expressed warnings about the dangers of using algorithmic stablecoins. Japanese authorities are reevaluating their stance on a number…
HSBC Filed Trademark Application for Crypto-Related Services
HSBC filed Trademarks for a Wide Range of Digital Currency and Metaverse Products. Fidelity filed three trademark applications covering NFT on Dec 21. HSBC, a British multinational universal bank, has…
Samsung aim Latin American Market via Metaverse Initiatives
The firm will invest more than $35 million in metaverse projects for its Latam clients.Space Tycoon, a Roblox metaverse experience, was also published by Samsung in July.According to Samsung’s recent…