Blockchain Archives - Page 26 of 146

Coinbase International Exchange showing trading volumes and cryptocurrency charts.

Coinbase International’s Perpetual Futures Trading Volume Soars to $38 Billion

August 5, 2024 Dan K

Coinbase International Exchange reports record-breaking $38 billion in perpetual futures trading volume for July, the highest since May 2024.

Blockchain

OpenAI Holds Back ‘Highly Accurate’ AI Content Detection Tool Over Stigmatization Concerns

August 4, 2024 Dan K

OpenAI delays its ‘highly accurate’ AI content detection tool, citing concerns about stigmatization of non-English speakers and potential for tampering.

Blockchain

Crypto Community Slams WazirX’s ‘Socialized Losses’ Plan After Hack

August 4, 2024 Dan K

WazirX’s “socialized losses” plan after a $230M hack sparks outrage among users, demanding improved security and transparency from the exchange.

Blockchain

Genesis Concludes Bankruptcy with $4 Billion Creditor Payout

August 3, 2024 Dan K

Genesis Global has begun disbursing $4 billion in creditor payouts following its restructuring, with varying recovery rates across different crypto assets.

Ben Armstrong, known as BitBoy Crypto, at a crypto event

Ben ‘BitBoy’ Armstrong’s Former Company Subpoenaed in CFTC Fraud Probe

August 3, 2024 Dan K

The CFTC has subpoenaed Hit Network, a former company of Ben Armstrong , amid a fraud investigation involving 15 cryptocurrencies, including memecoin BEN.

Indian Enforcement Directorate officers investigating a crypto scam

India’s Enforcement Directorate Cracks Down on $890K Emoillent Crypto Scam

August 2, 2024 Dan K

India’s Enforcement Directorate targets Emoillent Coin founders, uncovering a crypto scam that deceived 2,508 investors, stealing approximately $890K.

Bitcoin symbol with Federal Reserve in the background, indicating potential rate cut impact.

Fed’s Lean Toward September Rate Cut Bullish for Bitcoin

August 1, 2024 Dan K

Fed’s likely rate cut in September looks bullish for Bitcoin, signaling increased market liquidity and investor confidence, according to QCP Capital.

Bank of England building with Bitcoin symbol

Bank of England Announces 0.25% Rate Cut

August 1, 2024 Dan K

The Bank of England’s 0.25% interest rate cut to 5% could trigger a Bitcoin breakout. Easing monetary policy has historically boosted risk-on assets.

Crypto Hackers Stole $266M in July Across 16 Breaches: PeckShield

August 1, 2024 Dan K

The crypto sector faced significant losses in July as hackers stole approximately $266 million through 16 separate breaches, with WazirX being the hardest hit.

A depiction of a cyberattack on a cryptocurrency exchange, representing the WazirX hack.

India’s Web3 Association Bolsters Cybersecurity Efforts After $230 Million WazirX Hack

July 31, 2024 Dan K

In response to the recent $230 million WazirX hack, India’s Web3 Association is enhancing cybersecurity and consumer protection within the crypto industry.