Anyone can become the victim of a malicious NFT hack, so what more could OpenSea do to protect its users? The non-fungible token (NFT) market has been booming since the summer of 2021 and as NFT prices were sky-rocketing, the number of hacks targeting NFTs were also increasing.  The most recent high-profile hack siphoned approximately...Continue Reading

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss nine of the worst mistakes you can make in crypto. “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the worst mistakes you should avoid making in crypto. But first, market expert Marcel Pechman carefully...Continue Reading

Ethereum developer Virgil Griffith took a plea deal after breaking sanctions against North Korea and was formally sentenced earlier today the final chapter in a two-year journey as bizarre as it is shocking. Journalist Ethan Lou, author of Once a Bitcoin Miner, attended the infamous event in North Korea at which Griffith spoke. He was...Continue Reading

Cryptocurrency mixers offer users a higher level of privacy and anonymity for their transactions, but often run into trouble with regulators. Cryptocurrency mixers have been an interesting topic of discussion ever since the advent of cryptocurrencies and their adoption by retail investors around the world.  Cryptocurrency mixers are services that essentially focus on one feature...Continue Reading

ETH/BTC could reach 0.10 this year as the market anticipates Ethereum’s proof-of-stake switch. Ethereum’s native token Ether (ETH) has dropped about 17% against the U.S. dollar in the last two weeks. But its performance against Bitcoin (BTC) has been less painful with the ETH/BTC pair down 4.5% over the same period. The pair’s down-move appears...Continue Reading

The official introduction of Cointelegraph France is taking place at the Paris Blockchain Week Summit, a flagship European blockchain event. Cointelegraph is delighted to announce the launch of its French edition, Cointelegraph France, providing the latest cryptocurrency and blockchain news en français and marking another historic milestone in the publication’s global presence. Founded in 2013,...Continue Reading

Since the hack of Axie Infinity’s Ronin bridge, developers behind the game have raised $150 million to reimburse the affected users. In late March, Ronin, an Ethereum sidechain built for the popular play-to-earn nonfungible token game Axie Infinity, was hacked for over 173,600 Ether (ETH) and 25.5 million USD Coin (USDC) for a combined value...Continue Reading

The Fed gets some serious heat as CPI numbers show just how quickly prices are rising for U.S. consumers. Bitcoin (BTC) saw a brief boost on April 12 after the United States saw its highest Consumer Price Index (CPI) data since 1981. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Inflation echoes “mythical stories” Data...Continue Reading

Already being the primary asset manager of USDC cash reserves, BlackRock will now also be exploring capital market applications for the USDC stablecoin. Circle, a major peer-to-peer payments firm and the principal operator of the UDC Coin (USDC), has announced a $400 million funding round and a new partnership with the American investment firm BlackRock....Continue Reading

The development of the cryptocurrency industry could not go unnoticed by the global rich. Where do the ultra-wealthy stand on crypto? The rich get richer. According to the Wealth-X consulting company, in 2020, the number of ultra-high-net-worth individuals worth $5 million–$30 million in the world increased by 1.7% to 295,450 people; the combined net worth...Continue Reading