Chainlink Won’t Support Possible Ethereum Forks on PoW After The Merge
The Chainlink protocol announced that it will no longer support proof-of-work (PoW) forks of Ethereum after The Merge in September 2022. The Ethereum blockchain is due to switch from Proof-of-Work to Proof-of-Stake (PoS) in September, which will affect all smart contracts
Over 39,000 Crypto ATMs Installed Worldwide
According to the latest data from the Coin ATM Radar, the number of crypto ATMs (ATMs) worldwide has grown to 39,015. Just a year ago, there were 25,154 crypto ATMs in the world. In July 2022, 693 new crypto ATMs were installed,
Weekly Crypto Digest, August 1st-7th
Tiffany will dress crypto punks in diamonds Hackers hacked into Nomad and robbed users What's new in NFT? Bitcoin grew to $23,400 The SEC is investigating every crypto exchange in the US
Bitcoin Miners Keep Losing Money
Bitcoin miner earnings continue to fall. They are down 9% in July, according to an analytics report from the Glassnode team. If you look at the chart, you can see that after the surge in March, their income continues to
No Crypto Exchange In the US Will Hide From the SEC
The Securities and Exchange Commission launched a massive investigation. The SEC plans to investigate literally every cryptocurrency exchange registered in the US, according to Forbes. There are currently 40 of them in the US. The investigation against Coinbase is already in
Nomad Offered $190 Million Reward for Stolen Crypto Refunds
The Nomad bridge team announced that it is offering a reward of up to 10% of the amount stolen in a recent hack for a refund. In the announcement of the reward, the team also attached the address of the wallet
Bitcoin Hits $23,400
By the end of the first week of August, Bitcoin decided to return to the previously lost peaks. On Friday, August 5, BTC/USDT hit $23,421. According to Coinmarketcap and BTC-Alpha data, Bitcoin has gained 1.32% in price over the past day.
In Japan, the Tax on Income From Crypto Investments May Be Reduced
The Japan Crypto Asset Business Association (JCBA) and the Japan Crypto Asset Exchange Association (JVCEA) urged to cut taxes on income for individual crypto investors. In their fiscal year 2023 tax reform request, crypto advocates described a number of issues that
$2 Billion In Crypto Were Stolen From Blockchain Bridges in 2022 — Chainalysis
Since the beginning of 2022, the majority (69%) of crypto theft hacks have been on bridges. According to a Chainalysis report, the hackers stole a total of $2 billion in various cryptocurrencies through these hacks. According to analysts, there have been
A Hack of Nomad protocol: $190 Million Were Stolen Due To A Security Vulnerability
The Nomad hack, which took place on August 3, was the fourth largest hack in the history of cryptography. The exploit was due to a smart contract vulnerability involving hundreds of other users besides the hacker. Users simply repeated the actions