Largest DeFi Hack Recorded on Poly Network with $610M Stolen
The largest hack in decentralised finance (DeFi) history was unveiled when Poly Network, an interoperable blockchain protocol, announced compromised its platform....
Blockchain
Helium Network Raises $111M through Token HNT Sale, Hitting a Three-month High
The Helium network, supported by Andreessen Horowitz, raised $111 million through the sale of its native token (HNT). HNT token...
Venmo Lets Credit Cardholders to Convert Cash Back to Cryptocurrency
Venmo mobile payment service announced on Tuesday, August 10, that it has launched a credit card feature that allows users to convert...
PNC Bank Plans to Cooperate with Coinbase to Launch Crypto Products
Coinbase wrote a letter to shareholders on Tuesday saying PNC Bank, the fifth-largest bank in the United States, plans to...
Coinbase Records Impressive Growth in Q2 Revenue, Earning 2.23B and Exceeding Analysts’ Expectations
Coinbase Global has reported an impressive result in its second-quarter earnings report. On Tuesday, August 10, Coinbase cryptocurrency exchange reported...
BitMEX Agrees to Pay $100M in Settlements to the CFTC of the US
BitMEX has agreed to a Consent Order with the U.S. District Court for the Southern District of New York to...
Hong Kong-listed Entertainment Firm HMVOD to Accept Bitcoin for Membership Subscriptions in October
In Hong Kong, a listed online entertainment platform, HMVOD, will accept Bitcoin to pay for membership subscriptions in October. HMVOD...
Bloomberg Analyst Believes Nothing “can stop the process of Ethereum flippening” Bitcoin
Bloomberg Intelligence’s Senior Commodity Strategist, Mike McGlone, has weighed in on the debate about the possibility of Ethereum (ETH) flippening...
South Korean Banks Earns More Than Double Revenue from Crypto Transactions in Q2
Despite heavy fluctuations in the cryptocurrency market in the second quarter of this year, South Korean banks enjoyed a sharp...
CoinDCX Becomes India’s First Crypto Unicorn after Receiving $90M Financing Led by the Founder of Facebook
CoinDCX, India’s largest crypto-enabled financial services company, announced Tuesday that it had raised 6.7 billion rupees (approximately $90 million) in...
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