Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an attacker for *93,750 ether or...
Month: February 2022
UK tax agency cracks down on rules around DeFi lending and staking
“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by...
Wormhole token bridge loses $321M in largest hack so far in 2022
The token bridge between Ethereum and Solana saw 120K wETH tokens removed from the platform and distributed between the hacker’s...
Pixel Vault raises $100M for NFT development platform
The developer behind popular NFT projects PUNKS Comic and MetaHero Universe, alongside investors Velvet Sea Ventures and 01A, plan to...
Why did WazirX token (WRX) jump 30% after India announced its big crypto tax?
The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey...
Bitcoin price dips below $37K as a descending channel pattern comes back into play
Bitcoin’s repeat visit to the sub-$37,000 range is re-enforcing analysts’ view that BTC is either set for a lengthy consolidation...
Battle for authenticity heats up in world’s most popular NFT collection
Delegitimize CryptoPunks v1 and face pushback from v1 owners, or legitimize v1 and cause brand dilution, dropping the value of...
Crypto miner in Texas shuts down 99% of operations as winter storm approaches
"We are taking proactive measures to shut down operations, shed load and create additional capacity in response to ERCOT's needs...
Youtuber and alleged thief publicly refuses to return investors’ funds after $750k rug pull
"Yeah, I could give the money back. It is within my power, but I'm gonna look out for myself and...
Bitcoin Price Prediction: BTC/USD Targets Support at $37,000 Level
Bitcoin Price Prediction – February 2 The Bitcoin price prediction resumes the decline after touching the daily high at $38,888,...
FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange
Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect...
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted...
Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends
After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave....
El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to...
$5 wrench attacks appear to be on the rise in the crypto community
Security expert warns that individuals known to work in crypto are susceptible to becoming targets of extortion-related crimes. Normally, the...
