Crypto news

The financial services corporation – Visa – collaborated with the cryptocurrency exchange – FTX – to offer debit cards in 40 countries across the globe. The cards are already available in the United States and will reach other Asian, Latin America, and European nations soon. Visa’s Next Crypto Move In an interview for CNBC, Visa’s Chief Financial Officer – Vasant Prabhu – noted that the ongoing crypto winter has not deterred the interest in digital currencies. He explained...

After losing millions of dollars worth of assets in a cross-chain hack, the team behind BNB Chain – formerly Binance Smart Chain (BSC) – plans to conduct on-chain governance votes to determine what to do with the stolen funds.  Recall that BNB Chain temporarily halted all network operations after an attacker exploited a vulnerability on the BSC Token Hub cross-chain bridge to siphon two million BNB valued at $600 million. BNB Chain Hacker Absconds With $100M  The hacker still...

The past 24 hours were quite tumultuous, with one of the largest blockchain networks – BNB Chain – suffering a security breach that saw the millions worth of cryptocurrency being compromised. And while the process of freezing and recovering the stolen assets is ongoing and the network is back to its normal functioning, someone took the opportunity to pull off another scam. Enter the BNB HACK INU Token BNBHACKINU – a token created in a clear reference to both the recent BNB...

Not long ago, Live Bitcoin News published an article talking about the world’s first cryptocurrency insider trading case, which occurred at the hands of a former employee of popular digital currency exchange Coinbase. It now looks like that case has reached a new pinnacle. Former Coinbase Employee May Have Conducted Insider Trades The case involves Ishan Wahi, a former product manager for Coinbase. He is accused of receiving private information about what coins the...

After spending a fortune on fortune on deals and investments in 2022, Binance may still have a mountain of dry powder left to deploy before the year closes.  The CEO of the world’s largest crypto exchange, Changpeng Zhao (CZ), recently said that his company may ultimately spend over $1 billion this year on acquisitions and investments.  Binance’s Billion-Dollar Plans As detailed by Bloomberg, Binance has already committed $325 million across 63 projects in 2022. In 2021, it...

In terms of overall market movements, not much was happening in the past seven days. The total capitalization remained somewhat flat, around $990 million, unable to recover above the coveted $1 trillion mark. Bitcoin’s price, as well as that of the majority of altcoins, also failed to post a significant difference. At the time of this writing, Bitcoin’s price trades at around $19,700 – more or less where it was this time last week. The volatility is currently gone from the...

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Following the Ethereum Merge which occurred on September 14 of this year, a bonus reward was placed in the pockets of energy and climate advocates everywhere. It seems after the Merge was complete, the world’s energy consumption fell by roughly .2 percent overnight. Who would have known that mining ETH really did utilize that much energy? The Ethereum Merge Has Significantly Lowered Worldwide Energy Use The Merge has been a long talked-about event that would occur with...

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