Delta Prime Hacked Again. What Happened?
TL;DR Delta Prime, a DeFi project, suffered a second hack in less than two months, with estimated losses of $4.5 million, bringing the total to...
Search Results for: cryptocurrency
Vitalik Buterin Unveils ‘Info Finance’: A New Era for Prediction Markets
TL;DR Vitalik Buterin introduces “info finance,” a system using prediction markets like Polymarket to gather valuable insights and revolutionize fields such as social media, news,...
The MicroStrategy $10B Bitcoin Profit
TL;DR MicroStrategy posts $10.55 billion in unrealized gains thanks to recent surge in Bitcoin price. The company has accumulated 252,220 BTC, currently valued at $20.48...
FTX and Alameda’s Aggressive Legal Actions Highlight Need for Transparency and Education in Crypto
TL;DR Alameda Research sues Waves founder Aleksandr Ivanov for alleged market manipulation. The lawsuit seeks to recover $90 million in digital assets as part of...
Terra Classic’s New “Reverse Charge” Tax System Under Review
TL;DR OrbitLabs proposes a review of Terra Classic’s new “Reverse Charge” tax system. The system would shift the tax burden from the issuer to the...
Cardano Surpasses Tron and Returns to the 9th Spot in Cryptocurrencies
TL;DR Cardano reclaims the ninth spot in the cryptocurrency rankings, surpassing TRON (tenth) and Toncoin (eleventh), with a valuation of $15.56 billion. ADA’s rebound, which...
Ethereum Foundation’s $500M Investment Fuels Ecosystem Growth
TL;DR The Ethereum Foundation’s 2024 financial report reveals nearly $500 million was deployed to support ecosystem projects between 2022 and 2023, highlighting its commitment to...
Block Focuses on Bitcoin Mining, Closes TBD Division
TL;DR Jack Dorsey’s company Block is focusing on Bitcoin mining and reducing its investment in other areas. The TBD division, which is dedicated to developing...
CZ Returns After His Incarceration: Reflections on His Future and the Direction of Binance
TL;DR Changpeng Zhao (CZ), the founder of Binance, returned to the public scene after his release from prison in the U.S., but he will not...
MicroStrategy’s Saylor Advocates for a U.S. Bitcoin Reserve
TL;DR Michael Saylor, co-founder of MicroStrategy, advocates for the U.S. to establish a strategic Bitcoin reserve, highlighting its potential to stabilize the economy and enhance...