Ethereum Optimism Unveils Token With Entire Airdrop Season

Ethereum scalability solution Optimism revealed their governance token, called OP. This will mark the beginning of a transformation process for the Optimism ecosystem. It aims and providing users with more power with a unique governance system. Related Reading | Bitcoin Beneath Key Support Level; What’s Next? Control via two entities, the Citizens’ House and the Token […]

Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections

The non-fungible token (NFT) market has been booming since the summer of 2021 and as NFT prices were sky-rocketing, the number of hacks targeting NFTs were also increasing.  The most recent high-profile hack siphoned approximately 600 Ether worth of NFTs from Arthur0x, the founder of DeFiance Capital, and they were sold off on OpenSea. A […]

Community Donates 0.7 BTC to Phishing Victim Who Lost Entire Bitcoin Holdings

The crypto community has rallied in support of the victim of a phishing scheme who lost 12 Bitcoins (BTC) — the entirety of the investor’s holdings that had been accumulated over seven years. On June 12, Eric Savics, the host of Protocol Podcast, tweeted that he has lost his entire Bitcoin savings after entering aftering […]

1000 WBTC Minted Today on Ethereum Dwarfs Entire Lightning Network

One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) —  a single transaction that represents more U.S dollar value than the entire Lightning Network. It brings the total amount of Bitcoin now locked in WBTC tokens to 2,300, compared to the roughly 927 Bitcoin (BTC) locked on the Lightning Network. According […]

Binance’s Mining Pool Could Disrupt the Entire Mining Industry

Binance has launched its own mining pool. This could spell bad news for miners, but probably not for the reason you’re thinking of. We’re all aware that Binance is continuing to extend its reach across the industry. The exchange’s purchase of CoinMarketCap for a reported $400 million signaled a bold step toward grabbing attention at […]