On Sept. 27, Bedrock, a liquidity staking platform, experienced a security breach affecting $ 2 million in liquidity. Bedrock said it has taken steps to address the incident, including integrating with Chainlink for proof of reserves and implementing additional security measures. Exploiter Addresses Identified Bedrock, a liquidity staking platform, confirmed a security incident on …
As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. Report Shows Cryptocurrency Wealth Adds ‘Meaningful Implications for the Real Economy’ The study, first reported on by Bloomberg, analyzes bank and credit card data from […]
Amid a widespread downturn in the cryptocurrency markets this week, tokens based on artificial intelligence (AI) have nevertheless attracted billions of dollars in additional investment. In the last month, the AI-focused cryptocurrency sector has expanded by $ 7.54 billion, with the majority of the leading AI tokens—four out of the top five—experiencing notable gains …
The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $ 26 million recovered. Australian investors with crypto-to-crypto withdrawal requests will have to wait for …
Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $ 187 million in application-specific integrated circuit (ASIC) bitcoin mining rigs. The purchase was made from Bitmain, one of the leading ASIC manufacturers in the industry. Phoenix Group Amplifies Mining Fleet With Latest ASIC Purchase From Bitmain Listed on the …