Over the last decade, Mt. Gox has repeatedly postponed plans to reimburse the funds that the crypto exchange had barred its users from withdrawing since Feb. 25, 2014. Mt. Gox’s infamous 2014 security breach — which lost 850,000 Bitcoin (BTC)…
Kategorie: Crypto Flash News
NFTs are ‘totally worthless’ says mainstream media, community responds
A community member highlighted the drastic shift in mainstream media narrative, sharing a previous article promoting the BAYC NFT collection. Mainstream media outlet Rolling Stone has declared that nonfungible tokens (NFTs) are “finally totally worthless,” citing the results of a DappGambl…
Crypto payment firm Alchemy Pay wins money transmitter license in US
Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing a Money Transmitter License in Arkansas. Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in…
Busan is developing an Ethereum-compatible mainnet to become a ‘blockchain city’
The city administration behind the project aims to make Busan a blockchain city and has launched a $75-million development plan to realize the goal. South Korea’s second-largest city, Busan, is developing a public blockchain network compatible with mainstream blockchain platforms, such…
US Anti-CBDC bill moves a step closer to passing
The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee. The CBDC Anti-Surveillance State Act, aimed at preventing “unelected bureaucrats in Washington” from issuing a…
Phishing victim sends eye-watering $4.5M in USDT to scammer
On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange before eventually arriving at an address purportedly owned by a scammer. An unwitting cryptocurrency holder has reportedly fallen victim to an eye-watering $4.46-million phishing scam. According…
Optimism to sell $160M in OP tokens to 7 purchasers via private sale
The Optimism network has revealed that it will sell 116 million OP tokens in a series of planned sales. Ethereum layer-2 scaling solution Optimism has disclosed plans to sell 116 million OP tokens to seven private buyers for treasury management…
UK politicians don metaverse avatars as they share Web3 roadmap
“Web3 represents a paradigm shift that reimagines the very fabric of the internet,” said British MP Natalie Elphicke. A group of British politicians took to the metaverse to address global leaders in a 51-nation gathering on Sept. 20, setting out…
Breaking: Mt. Gox trustee changes repayment deadline to October 2024
Rehabilitation trustee Nobuaki Kobayashi has extended the Mt. Gox repayment deadline by one year. Mt. Gox trustee Nobuaki Kobayashi has officially changed the deadline for paying back the exchange’s creditors from Oct. 31, 2023, to Oct. 31, 2024. In a…
Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
Bitcoin’s hash rate has continued to increase, yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained. While the Bitcoin network has continued to expand over the years, the Bitcoin (BTC) mining…