Articles focusing on security measures, security breaches, preventive technologies, and best practices for safeguarding crypto assets.
The hacker in the WazirX breach has moved an additional $57 million in Ethereum, highlighting ongoing security challenges in crypto exchanges as WazirX enhances its bug bounty program to protect assets.
Riot Platform has acquired Block Mining for $93 million, boosting its self-mining hashrate by one exahash per second, enhancing competitiveness and solidifying its position in the cryptocurrency mining sector.
.@Paysafe partners with @AlchemyPay to streamline global crypto payments, enabling users in 130 countries to buy $BTC and $ETH with 40+ fiat currencies. Integration includes Skrill, NETELLER, and local payment methods. #CryptoNews #Update
? On July 25, @zachxbt flagged Sorta Finance, an Arbitrum-based lending protocol, as a suspected exit scam. Linked to past rug pulls, Sorta Finance has ties to a group that has stolen over $25M. #BlockchainSafety #Update
Riot Platforms (@RiotPlatforms) acquires Block Mining for $92.5M, increasing its Bitcoin mining capacity by 60 MW, with plans to reach 110 MW by 2024. This boosts total capacity to 2 GW, aiming for a 16 EH/s hash rate by 2025. #Update #BitcoinMining
Riot Platforms, Inc. acquires Block Mining, Inc. for $92.5M to boost hash rate. The deal includes 60 MW capacity, aiming to hit 100 EH/s by 2025. Analysts raise 2024 revenue estimates to $344.2M. #CryptoNews #Update
Senator @CynthiaMLummis opposes a 30% energy tax on Bitcoin miners, arguing it risks pushing the industry overseas and stifles innovation. Up to 52.6% of Bitcoin mining is emissions-free, and the tax targets even off-grid sources. #CryptoNews
?? The Russian parliament passes a bill to use crypto for international trade and legalize crypto mining, effective Sept 1, 2024. This move aims to counteract Western sanctions and boost trade with China, India, and Turkey. #CryptoNews #Update
Ferrari will accept cryptocurrency payments in Europe by July 2024, after a successful U.S. rollout. Partnering with @BitPay, they’ll accept $BTC, $ETH, and $USDC. BitPay converts to fiat instantly, protecting dealers from price volatility. #Update #CryptoNews #Ferrari
Ferrari expands crypto payments to Europe by end of July, accepting $BTC, $ETH, and $USDC. This follows a successful U.S. launch and aligns with their commitment to new tech and renewable energy. #Update #Ferrari #Crypto
Worldcoin partners with JPMorgan-backed Elliptic to enhance compliance and fight money laundering. The integration benefits over 10M users in 160 countries. Despite the news, $WLD dips 5.28% to $2.28. #CryptoNews
Solana ($SOL) jumps 33.78% in 30 days to $180.76, but analysts warn of a potential downturn. Rollblock ($RBLK) draws investors with its DeFi casino model, offering 30% weekly profits and predicting 800% surge. Currently priced at $0.017. #Update
VanEck’s Gabor Gurbacs warns about fund concentration risks as 8 of 9 U.S. spot Ethereum ETFs choose Coinbase as custodian. VanEck opts for Gemini, while Fidelity uses self-custody. Experts call for multi-custodian setups to enhance investor safety. #Crypto @Coinbase @Fidelity #Update
Quantum computing is advancing fast, posing risks to blockchain security. Lisa Loud warns that Bitcoin and Ethereum’s encryption could be vulnerable to quantum attacks within 10-20 years. Blockchain must innovate for quantum resistance now. #Update #BlockchainSecurity
