Poly Network hackers say they wanted to ‘save the world,’ return over 50% of stolen funds
Poly Network hackers have returned stolen assets worth around US$340 million so far.
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Chinese DeFi platform Poly Network suffers US$600M hack
Impact of one of the biggest heists in the industry looks set to be mitigated as hackers agree to return funds.
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Over 220 million people are now crypto users, says new report
The number of crypto users around the world grew to 221 million in June, double the number in January, according to a report released today by Hong Kong-based cryptocurrency exchange, Crypto.com. Fast facts Bitcoin drove the growth in crypto use from January to April, with companies such as Microstrategy, PayPal, Tesla and Visa buying into…
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Robinhood readies IPO as risks cast shadow over future earnings potential
The fee-free trading platform’s initial public offering promises plenty of action for retail investors, but pitfalls may lie in wait amid trading volatility and wider adoption of business model.
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FTX’s $900 million deal. Dogecoin in the doghouse. Digital yuan dragnet.
Top blockchain and crypto news: FTX swells to $18 billion valuation. Etherum and Dogecoin disowned by creators. US pols call for Olympics boycott of e-yuan.
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Robinhood seeks market valuation of US$35B in upcoming IPO
Fee-free trading app Robinhood is seeking a market valuation of US$35 billion in its upcoming initial public offering, according to a filing to the U.S. Securities and Exchange Commission. Although the amount is significant, it is lower than the US$40 billion initially estimated, due in part to slow crypto trading in recent months. Fast facts…
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Dogecoin rallies as Musk dons sunglasses
The price of Dogecoin rose more than 15% at the weekend after Tesla CEO Elon Musk changed his Twitter profile picture to a photo featuring the dog breed whose likeness features on the memecoin. Fast facts Musk’s new picture featured the billionaire wearing mirrored, aviator-style glasses with a Shiba Inu dog reflected in them. Dogecoin’s…
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Bull run or BS? Where will crypto markets go after the Bitcoin crash?
Soaring BTC and altcoin prices earlier this year drew in new investors, who now worry about the current slump. Will crypto prices rise again, or are modest valuations here to stay?
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How blockchain is giving rise to a growing ‘Crypto Nation’
Being a ‘crypto native’ involves much more than using Bitcoin and DeFi, writes Alvin Lee of DeGate DAO. It’s sharing core values like freedom and inclusion.
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Musk sells memecoin fans another pup with Baby Doge
Elon Musk has once again sent a coin’s price skyward with a simple tweet; this time more than doubling the price of the memecoin Baby Doge by inserting its name into the lyrics of popular children’s song, “Baby Shark”. Fast facts Replacing the title of the song with the name of the coin, the tweet…