Last week a hacker dubbed Mr White Hat stole approx 610 million US Dollars from PolyNetwork in crypto assets.PolyNetwork became center of memes when it tried to persuade the hacker to return the stolen assets in goodwill.PolyNetwork even offered the hacker a half a million dollar bug-bounty.Now PolyNetwork is offering the hacker a lucrative white hat security expert job to the … [Read more...] about Hacker who stole $800 Million, now offered a white hat job by its victim firm
Business magazine fortune, best known for its annual ranked lists like fortune 500, has entered the NFT craze by selling a cover art for 1.3 Million US dollars.On August 5th, 2021, fortune magazine announced that it is "dropping" its latest cover as NFTs.For their August/September 2021 issue, titled "Crypto vs Wall Street", popular meme designer and one of the top NFT … [Read more...] about Fortune magazine sells its cover art as NFT. Raises 1.3 Million dollars
Bored Ape Yacht Club (BYAC) NFT #3749 sold for 400 Etheriums on Wednesday, August 11th, 2021. As of the date of sale, 400 Etheriums were worth USD 1.29 Million.This is the first ever million-dollar sale of any Bored Ape Yacht Club NFT, while several CrpytoPunks and other NFTs have already achieved this feat.What is NFT?NFT or Non Fungible Token is an application of … [Read more...] about This bored ape pic just sold for 1.29 Million dollars!
On July 12, a cryptocurrency user was faced with a strange and peculiar situation. On Reddit, he published that his MetaMask wallet was being emptied of its $ 240,000 before his eyes! In the meantime, he had given his access to a crook, and it is the latter who would dip into his funds. To save him a total loss, Internet users suggested a method that would allow him to save … [Read more...] about Ethereum (ETH), a white hat saves a cryptocurrency user on the verge of losing $240,000
Consternation, amazement and amazement! These words best describe the feelings of cryptocurrency miners, whose mining devices were destroyed in Malaysia.Destruction of cryptocurrency mining devicesThousands of cryptocurrency miners' devices have been destroyed by Malaysian authorities. The value of these mining devices is estimated at around $ 1.2 … [Read more...] about Malaysian authorities destroy 1,069 mining devices (video)
Paraguay has just passed a law aimed at building a Bitcoin mining industry. The legislation proposed by MP Carlitos Rejala and Senator Fernando Silva is welcome even if it does not go as far as that of El Salvador.A 100% renewable energy BTC mining industryParaguay is the second country in America to provide a legal framework for bitcoin and in particular the BTC … [Read more...] about Paraguay promises to be a 100% renewable Bitcoin (BTC) mining giant
Bitcoin is certainly the undisputed leader in the world. But that does not prevent some from criticizing Bitcoin for its lack of application. Indeed, compared to other cryptos like Ethereum which have created a real ecosystem, Bitcoin remains... only a means of payment. But that could quickly change.Jack Dorsey's DeFi platformJack Dorsey is known to be the boss of the … [Read more...] about Twitter boss prepares DeFi application platform on Bitcoin blockchain
Facial palm: It's no surprise to learn that the value of Nvidia's pre-Lite Hash Rate graphics cards has increased following the release of its LHR variants. In Vietnam, a retailer sells the old GPUs in pre-built mining rigs, and these aren't your regular RTX 3080s; these are limited edition ROG Strix Gundam cards from Asus.After the release of the LHR variants of the RTX … [Read more...] about Limited Edition RTX 3080 Gundam Cards Sold In Pre-Built Mining Rigs
What just happened? British police have seized nearly $ 250 million (£ 180 million) in cryptocurrency as part of a money laundering investigation. The amount is a record high in the UK and considered to be one of the largest crypto foreclosures ever made in the world.Metropolitan Police said the seizure was carried out by the Met's Economic Crime Command. It comes … [Read more...] about British detectives seize record $250 million in crypto
If you are wondering what are some concrete applications of crypto, we encourage you to look at the case of Africa. Bitcoin transaction volumes have been declining in recent months with the crypto crash in most continents except… in Africa. On this continent, Bitcoin is used on an important and regular basis, in particular to carry out international currency transfers. Nigeria … [Read more...] about Nigerian Bitcoin Trading Volume At Highest Despite Central Bank Restrictions!