Crypto Exploits Hit $670M Q2 2022: ImmuneFi Report

Key Takeaways A new report from ImmuneFi claims that crypto protocols lost over $670 million in Q2 2022. The number of hacks came in at double the previous quarter, but the total... Read more »

Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout

Hope springs eternal for many crypto investors after the market saw positive price movement on July 7, alongside gains in the traditional market.  Daily cryptocurrency market performance. Source: Coin360 The green day... Read more »

Singapore Considers Imposing New Restrictions on Crypto Trading

The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the... Read more »

Reddit launches NFT marketplace compatible with Ethereum

Social media side, Reddit has launched a non-fungible token (NFT) marketplace specifically for profile pictures and avatars, TechCrunch reported July 7 According to the report, the company would release 90 different NFT... Read more »

Bitcoin faces Mt. Gox ‘black swan’ as trustee prepares to unlock 150K BTC

Bitcoin (BTC) faces a new selling threat in the near future as users of defunct exchange Mt. Gox prepare to get their BTC back. In fresh correspondence dated July 6, attorney Nobuaki... Read more »

Russian State Duma Adopts Law Banning Payments With Digital Financial Assets

The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which... Read more »

Three Months in, Coinbase NFT Has Been a Disaster

Key Takeaways Coinbase NFT has failed to gain any significant traction in the three months since it launched. Since launching on Apr. 20, the NFT marketplace has done about $37,000 in average... Read more »

Prince of Serbia claims unnamed Arab nation on the verge of adopting Bitcoin

Prince Philip Karadjordjevic of Serbia said Bitcoin and Sharia Law are conceptually compatible before teasing the prospect that an Arab monarchy or country may adopt BTC. “Maybe you’ll see an Arab monarchy,... Read more »

Bank of England: Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks

The Bank of England says “extreme volatility” in the crypto market “underscores the need for enhanced regulatory and law enforcement frameworks.” The British central bank has warned that crypto prices could fall... Read more »

Ethereum Inches Closer to the Merge With Sepolia Testnet Launch

Key Takeaways Ethereum has shipped “the Merge” on Sepolia testnet. The top smart contract blockchain is set for one final testnet launch ahead of its mainnet deployment. The Merge is a highly... Read more »