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Defrost finance says it has recovered lost funds worth $12 million from hacker
Decentralized leverage trading platform on Avalanche, Defrost finance reported that all the funds lost due to an exploit on its platform on Dec. 23 were returned…
Japan to lift ban on foreign-issued stablecoins in 2023
Japan’s Financial Service Agency (FSA) will lift the ban on the local distribution of foreign stablecoins like USD Coin (USDC) in 2023, Nikkei reported on Dec.…
BIT Mining subsidiary loses $3M to cyberattack
Crypto mining firm BIT Mining said its subsidiary BTC.com lost $3 million worth of digital assets to a cyberattack on Dec. 3, according to a Dec. 26 statement.BIT…
Hackers steal $8M from BitKeep users by spoofing wallet app
Blockchain security firm Peckshield reported that roughly $8 million of BitKeep users’ funds were stolen via a hacked APK version of the crypto wallet.The BitKeep…
Chess to make headway into Web 3.0 as FIDE partners with Avalanche
The International Chess Federation, popularly known by its French acronym FIDE, has struck a partnership with Avalanche to introduce chess into the sphere of Web…
Net worth of CZ fell 93% while 10 crypto moguls lost billionaire status in 9 months:…
For the crypto world, 2022 has been a tumultuous and eventful year with multiple high-profile bankruptcies, record-high scams, and frauds.In early 2022, the…
a modern open source data stack for blockchain
1.The challenge for modern blockchain data stackThere are several challenges that a modern blockchain indexing startup may face, including:Massive amounts of…
Amid the arctic blast, Texas miners voluntarily shut down or curtail operations
Bitcoin miners are again showcasing how they can play an essential role in the energy infrastructure as miners shut down or limit production to support the…
What does retail investors aggressive Bitcoin purchase mean for the market?
Bitcoin (BTC) whales have been selling their assets aggressively while retail investors have been accumulating the coins simultaneously throughout 2022.Bitcoin…
Fantom growth in high ‘triple digits’ despite crypto winter
On Dec. 24, Andre Cronje, who rejoined the Fantom Foundation as an architect in November, posted a performance review of Fantom (FTM) in 2022. Cronje had left the…