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ETH staking on top exchanges contributes to Ethereum censorship: Data
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ETH staking on top exchanges contributes to Ethereum censorship: Data

By Fibitex | Dec, 26December 26, 2022

CoinTelegraph reported: For most crypto ecosystems, being compliant with federal sanctions have a negative impact on its global reach. However, when it comes to Ethereum, investors have significant power to decide the degree of compliance the ecosystem obeys. Nearly 60% of all post-Merge Ethereum blocks …

Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit
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Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit

By Fibitex | Dec, 26December 26, 2022

CoinTelegraph reported: While many are still enjoying the holiday season, hackers are hard at work, draining around $8 million in an ongoing BitKeep wallet exploit.  On Dec. 26, some users of the multichain crypto wallet BitKeep reported that their funds were being drained and transferred …

SEC seeks to keep Hinman documents hidden in Ripple case
News

SEC seeks to keep Hinman documents hidden in Ripple case

By Fibitex | Dec, 26December 26, 2022

CoinTelegraph reported: The United States Securities and Exchange Commission (SEC) has requested to seal the infamous Hinman Speech documents, claiming that they are not relevant to the court’s summary judgment decision. The Motion to Seal Summary Judgment Document was filed by the SEC on Dec. …

4 ‘emerging narratives’ in crypto to watch for: Trading firm
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4 ‘emerging narratives’ in crypto to watch for: Trading firm

By Fibitex | Dec, 26December 26, 2022

CoinTelegraph reported: Despite an eventful year fraught with crypto collapses and price drops, Steven Goulden, a senior research analyst at crypto trading firm Cumberland has pointed to several “green shoots” to break the surface in crypto in 2023. In a 14-page “Year in Review” report …

400M Twitter users’ data is reportedly on sale in the black market
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400M Twitter users’ data is reportedly on sale in the black market

By Fibitex | Dec, 26December 26, 2022

CoinTelegraph reported: 400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market. Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a …

Bitcoin hashrate recovers after big freeze shuts down miners
News

Bitcoin hashrate recovers after big freeze shuts down miners

By Fibitex | Dec, 26December 26, 2022

CoinTelegraph reported: Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation’s electricity grid — leading to a temporary drop in hashrate. In the days leading up to Christmas, bone-chilling temperatures swept …

Sam Bankman-Fried found ‘chilling’ in JFK airport lounge on $250M bail bond
News

Sam Bankman-Fried found ‘chilling’ in JFK airport lounge on $250M bail bond

By Fibitex | Dec, 25December 25, 2022

CoinTelegraph reported: The momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to the efforts taken by the crypto community to aid investigations and track down the whereabouts of the infamous entrepreneur. While SBF eventually escaped prison time via a $250 million …

Crypto billionaires lost $116B since March: Report
News

Crypto billionaires lost $116B since March: Report

By Fibitex | Dec, 24December 25, 2022

CoinTelegraph reported: The bear market and the wave of bankruptcies in the crypto industry drained $116 billion from the pockets of founders and investors in the past nine months, according to recent estimates by Forbes.  The loss represents the combined personal equity of 17 people …

Blockware sued over alleged misrepresentation of miners’ performance
News

Blockware sued over alleged misrepresentation of miners’ performance

By Fibitex | Dec, 24December 25, 2022

CoinTelegraph reported: London-based Faes & Company filed a complaint against crypto mining firm Blockware Solutions LLC on Dec. 17, claiming it misrepresented the performance capability of its miners and lacked adequate power access to keep the machines running.  Plaintiffs allege losses of $250,000 and are …

Public Bitcoin mining companies plagued with $4B of collective debt
News

Public Bitcoin mining companies plagued with $4B of collective debt

By Fibitex | Dec, 24December 24, 2022

CoinTelegraph reported: The recent bankruptcy filing of Bitcoin (BTC) miner Core Scientific despite a $72M relief offer from creditors raised questions about the overall health of the bitcoin mining community amid a prolonged bear market. Turns out, the public bitcoin miners owe more than $4 …

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