El Salvador’s volcano-powered Bitcoin City wins design award

El Salvador is the first country that recognised Bitcoin as legal tender. Bitcoin City has been recognised as a sustainable and highly efficient project. El Salvador is building the new city in the country’s East, with clean energy entirely sourced from nearby volcanoes. El Salvador made history when it became the first country in the […]

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Crypto derivatives exchange BIT adds Toncoin (TON) options

Toncoin (TON) options went live on the crypto derivatives exchange BIT on Thursday, 26 January. TON is now the third cryptocurrency available for options trading on BIT, adding to Bitcoin and Ethereum. The options product will also go live on institutional liquidity network Paradigm in early February. Crypto derivatives exchange BIT has launched options trading […]

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US Justice Department seizes website of prolific ransomware gang Hive

According to United States Federal Bureau of Investigation Director Christopher Wray on Jan. 26, international law enforcement groups have dismantled the infamous Hive cryptocurrency ransomware gang. He claimed that the operation has recovered over 1,300 decryption keys for victims since July 2022 and prevented $130 million in ransomware payments. Officials raised the example of one […]

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Derivatives Body ISDA Hopes New Digital Asset Norms Will Avoid FTX-Style Losses

“Recent failures in the crypto market have emphasized the importance of having a clear, consistent contractual framework that spells out the rights and obligations of both parties following a default,” said Scott O’Malia, ISDA’s chief executive, in a statement, adding that new definitions would aid legal certainty.

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Former Polygon VP of growth shares the secrets behind major partnerships

Ethereum scaling solution, Polygon, has witnessed a lot of adoption through partnerships with major brands like Starbucks and Addidas, which has increased the network’s popularity among cryptocurrency users. The former vice president of growth, Arjun Kalsy, breaks down how Polygon has attracted partnerships with major brands and how the project is driving mass crypto adoption.  […]

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Nearly 13 million bitcoins have not moved in over a year, an all-time high

Key Takeaways An all-time high of 12.7 million bitcoins have not moved in over a year That translates to two-thirds of the circulating supply Only 7% of bitcoins have moved in the last month History shows that long-term holders tend to rise as price falls, which may seem counter-intuitive The real story is a little […]

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NFT collector sues OpenSea for locking account after being scammed

A nonfungible token (NFT) collector is taking legal action against the OpenSea NFT marketplace for several allegations, including being locked out of his account for more than three months after being a victim of a phishing scam.  OpenSea user Robbie Acres told Cointelegraph that after his NFTs were stolen through a phishing scam, he immediately […]

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Mango Markets sues Avraham Eisenberg for $47M in damages plus interest

Mango Labs, the company behind the decentralized finance (DeFi) protocol Mango Markets has come out with its own lawsuit against exploiter Avraham Eisenberg. The Jan. 25 filing in the United States District Court for the Southern District of New York alleges Einseberg of exploiting its platform for millions of dollars worth of cryptocurrencies in October […]

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