Web3 Archives - Page 41 of 49

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.

Blockchain visualization showing Sui and Cetus recovery efforts after May 2025 crypto 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.

Karak Integrates Space and Time to Power Trustless Rewards

July 31, 2024 Dan K

Karak integrates Space and Time to enhance trustless rewards and security in Distributed Secure Services, backed by Coinbase and Pantera Capital.

Blockchain

WazirX Draws Backlash Over ‘Socialized’ Recovery Plan, Asks Binance for Help

July 29, 2024 Dan K

WazirX faces backlash for its hack recovery plan and seeks help from Binance. The Indian crypto exchange lost over $230 million in a cyberattack.

Exterior view of the Dutch finance ministry building in The Hague

Dutch Finance Ministry Rejects AFM’s Funding Boost for Crypto Oversight

July 29, 2024 Dan K

Dutch Finance Ministry Rejects AFM’s Funding Boost for Crypto Oversight In one word, no! The local financial regulator has been peeved after repeated demands on the Dutch finance ministry for the extra funding needed to

Graph showing the increase in digital asset inflows reaching $20.5 billion YTD.

Digital Asset Products Continue Inflow Streak, Exceed $20.5B YTD

July 29, 2024 Dan K

Digital asset investments maintain strong inflows, reaching $20.5B YTD. Bitcoin and Ethereum ETFs see significant growth, driving market interest.

Trump delivering a keynote address at the Bitcoin 2024 conference in Nashville.

Trump’s Bitcoin 2024 Keynote Includes Plan for US Bitcoin Reserve

July 28, 2024 Dan K

Donald Trump announces a national Bitcoin reserve at the Bitcoin 2024 conference, pledging support for the crypto industry and outlining his deregulation plans.

ZachXBT questions Irene Zhao's new memecoin project amid past crypto failures.

ZachXBT Criticizes Irene Zhao’s New Memecoin Amid Past Failures

July 27, 2024 Dan K

ZachXBT questions Irene Zhao’s new memecoin amid concerns over her past crypto project failures and transparency issues in the crypto community.

Blockchain

EigenLayer Announces AVS Rewards and EIGEN Programmatic Incentives

July 27, 2024 Dan K

The EigenLayer Foundation unveils a new rewards program to incentivize stakers and operators, introducing 4% EIGEN token distribution for securing AVSs.