The Algorand Foundation said that it has a $35 million exposure in USDC to Hodlnaut, a Singapore-based troubled crypto lender that halted client withdrawals last month.
That figure represents less than 3% of the Algorand Foundation's assets, the firm said, adding that it does not anticipate operatio...
Vitalik Buterin, the co-founder and face of Ethereum, made an appearance at Kyiv Tech Summit in a show of support for Ukraine amid its ongoing conflict with Russia.
As reported by Coindesk, Buterin surprised the audience after keeping his planned appearance a secret for security reasons. The visit ...
News
10 Sep 2022
Zuckerberg asked by senators what he is doing to fight crypto scams on social media
Meta Platforms CEO Mark Zuckerberg was asked in a letter from a group of Democratic senators what his company is doing to fight cryptocurrency scams on its Facebook, Instagram and WhatsApp platforms.
Federal Trade Commission data shows that 49% of cryptocurrency fraud reports specified scams origina...
MicroStrategy could sell up to $500 million in class A common stock and could buy more bitcoin.
A new prospectus filed with the Securities and Exchange Commission (SEC) says the firm has entered into an agreement with agents Cowen and Company and BTIG to sell up to $500 million in stock with a possi...
Quick Take
The Ethereum network is just days away from the merge, where it will finally transition from proof-of-work (PoW) to proof-of-stake (PoS) consensus after years of delay
The upgrade includes major changes to Ethereum's monetary policy that are expected to bring network issuanc...
A former Microsoft executive will join JPMorgan as a senior payments executive in the bank’s payments group, CoinDesk reported.
Tahreem Kampton will focus on the future of payments, including the digital ecosystem and blockchain technology. JPMorgan did not immediately respond to a request for comme...
Bloccelerate aims to raise $100 million for its new investment fund, the venture capital firm said in a new filing with the Securities and Exchange Commission.
The Seattle-based VC raised $20 million for the new fund as of Aug. 25, according to the filing. It's the latest in a string of venture capi...
The blockchain-based game development firm Revolving Games raised more than $25 million in two of its seed funding rounds.
Revolving Games raised $12 million in pre-seed funding and $13.2 million in seed funding, the company said in a release. Pantera Capital, Animoca Brands, Polygon, Dapper Labs ...
News
09 Sep 2022
Tornado Cash used to launder $500,000 stolen from DAO Maker last year: security firms
An Ethereum address connected with an exploit last year of DAO Maker has laundered 500,000 DAI stablecoins through Tornado Cash, security firms PeckShield and CertiK said today.
DAO Maker (not to be confused with stablecoin project Maker DAO) is a crowd fundraising platform that suffered a hack in A...
Episode 84 of Season 4 of The Scoop was recorded remotely with The Block's Tim Copeland and ConsenSys Head Economist Lex Sokolin.
Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@...
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