Over $22 Million Recovered by Nomad After $190 Million Hack
Nomad has recovered more than $22million after hacking $190 million. Nomad announced that it would pay a 10% reward for token returners.
Bitcoin Mining Company Argo Mined Over 20% More In July Than Previous Month
Argo sold 887 Bitcoin in July. Most of the revenue was used to pay Galaxy Digital’s outstanding balance down to $6.72million.
Crypto Spenders Who Use Binance Card Can Use 14 Cryptocurrencies Now Including SHIB and XRP
Binance Card holders now have access 14 supported cryptocurrencies including XRP and AVAX, as well as SHIB.
India Has Frozen Crypto Exchange WazirX Assets Which is Owned by Binance
India’s financial crime-fighting agent said Friday that it had frozen WazirX’s assets, which were owned by Binance, the largest digital currency exchange in the world, as part its investigation into possible violations of foreign exchange regulations.
A Fair Price for Bitcoin is $40K and Ethereum at $2,800 States Skybridge Capital
Skybridge Capital founder claims bitcoin’s fair value is approximately $40,000, based on the adoption rate, wallet size, use case growth, and growth in wallets. According to the asset management company, ethereum’s fair value is estimated at $2,800.
Ex – Coinbase Employee Has Raised over $4 Million in a New Startup Called Coherent
Coherent received seed funding of $4.5 million from Coinbase Ventures, Kindred Ventures and other investors.
Square & Cashapp Parent Company Block Inc Loses 6% Due to Bitcoin
Block, Inc. saw a 6% drop in second quarter net revenues year over year, mainly due to a decrease in bitcoin revenues.
Japanese Crypto Investors Could Get a 20% Tax Cut on Cryptocurrency Earnings
The proposal calls for a 20% tax on crypto earnings, and an exemption from any tax on crypto gains. Losses can be carried forward up to three years.
World’s Largest Asset Manager BlackRock to Work Directly With Coinbase
The institution is showing interest in crypto despite the bear market by forming a high-profile partnership.
Recent Solana Hack Points to a Exploit Discovered on Wallet App Slope
As a Solana mobile wallet is tapped for major network attacks, it’s possible that private keys were accidentally compromised.
