Cryptocurrency

WazirX finds no evidence of compromised devices, blames Liminal security

WazirX said its preliminary investigation found no evidence indicating that the machines of WazirX signers were compromised during a recent sophisticated cyber attack on its multi-signature Ethereum wallet, according to a July 25 blog post, The attack, which occurred earlier this month, has prompted significant concern and scrutiny within the crypto community. The exchange initially […]
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Cryptocurrency

Jersey City pension fund amends regulatory documents to include Bitcoin ETF exposure

Jersey City Mayor Steven Fulop has announced plans to invest a portion of the city’s pension fund in Bitcoin exchange-traded funds (ETFs), highlighting a significant step toward integrating crypto into municipal financial strategies. In a social media post on July 25, Fulop shared that the Jersey City pension fund is updating its documentation with the […]
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Cryptocurrency

OpenAI announces new SearchGPT prototype amid reports of looming financial woes

OpenAI announced the launch of its new SearchGPT prototype amid reports indicating the firm may face looming financial difficulties — potentially running out of cash within 12 months. SearchGPT aims to enhance AI search features by combining OpenAI’s advanced models with real-time web information. The initiative seeks to provide users with quick, accurate answers along […]
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Cryptocurrency

Bitfarms implements fresh poison pill strategy to fend off Riot Platforms takeover bid

Bitfarms has introduced a new shareholder rights plan — a so-called poison pill strategy — to thwart Riot Platforms’ takeover attempt, according to a July 24 statement. The miner intends to issue new shares to dilute stakes if any entity, including Riot Platforms, acquires over 20% of its shares within the next six months. The […]
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Cryptocurrency

Celebrity tokens down 94% on average month after launch

The venture of celebrities into the crypto market has seen a significant downturn as the market values of their tokens have fallen dramatically since their launch a month ago. According to data compiled by a prominent crypto community member, Slorg, all 30 celebrity tokens launched on the Solana blockchain in June have experienced steep declines […]
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Cryptocurrency

Marathon Digital bucks trend, acquires $100 million in Bitcoin as others sell

Bitcoin miner Marathon Digital acquired $100 million worth of the flagship digital asset, boosting its total holdings to over 20,000 BTC, according to a July 25 statement. Bitcoin Treasuries data ranks Marathon as the second-largest Bitcoin-holding firm, while MicroStrategy remains the top public holder with over 220,000 BTC or 1.07% of the total supply. Meanwhile, the […]
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Cryptocurrency

UK regulators fine Coinbase $4.5 million, grant Revolut banking license

Two crypto companies, Coinbase and Revolut, suffered contrasting fortunes in the hands of the UK authorities during the past week. Coinbase fined The UK’s Financial Conduct Authority (FCA) fined CB Payments Limited (CBPL), a subsidiary of Coinbase Group, £3.5 million ($4.5 million) for breaches related to Anti-Money Laundering. In a July 23 notice, the FCA […]
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Cryptocurrency

Join PHPC Launchpool!

PHPC Launchpool has arrived! Simply hold PHPC, a Peso stablecoin backed 1:1, and earn free tokens from July 30 to August 31, 2024. Just have PHPC in your Coins.ph account to participate and win!
Cryptocurrency