BLOCK Financial News

On Feb. 8, Cointelegraph released its annual Top 100 list of the most impactful heroes and villains for 2023. The list is being released in batches of 10, counting down the top players in the crypto space based on their actions and headlines in 2022 and their expected impact for 2023. So far, Cointelegraph has released numbers 81–100.

Craig Wright, the Australian computer scientist and self-proclaimed Satoshi Nakamoto, has had a copyright claim for Bitcoin rejected by a London court, with the judge saying the subject matter “is not expressed or fixed anywhere.”

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We all remember what the 2008 subprime mortgage debacle was like. The situation was so destructive and almost brought down the global banking system that words like subprime mortgages, credit default swaps and collateralized debt obligations — which are normally part of investment banker’s jargon — became part of the general vocabulary.

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It’s no secret venture capitalists react to prevailing market conditions when making decisions, and amid global economic uncertainty, entrepreneurs from across industries are finding that VC funds are more difficult to come by these days. This is especially true for crypto and blockchain companies, which have to overcome not only a knowledge barrier but also the lingering fear aroused by recent bad behavior from certain high-profile crypto founders and firms. 

A 7.8 magnitude earthquake sent shockwaves across Turkey and Syria on Monday. The incident has been coined the 'deadliest in a decade'.

The bitcoin market is currently experiencing a surge in trading volume, reaching $40 billion in the past 24 hours. This is a significant increase from the previous record of $34 billion set in May of this year. 

The cryptocurrency community is currently split on the question of whether the recent implementation of a nonfungible token (NFT) protocol on the Bitcoin mainnet would be beneficial to the Bitcoin ecosystem.

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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The cash that were taken in June 2022 are still being laundered by the North Korean exploiters who were behind the assault on the Harmony Bridge. The criminals transferred another $27.18 million worth of Ethereum (ETH) over the weekend, as shown by on-chain data that was published on January 28 by blockchain detective ZachXBT.

Bitcoin has recently surged past the $23,500 resistance level and is now headed for new highs. With the price of Bitcoin continuing to rise, many investors are wondering where it will go next. In this article, we will explore some of the factors that could affect its price in the near future and make predictions on where it could be headed.

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Mars Hub, the original Terra lending system, made an announcement on January 31 about the launch of its separate Cosmos application chain. This announcement was accompanied by the distribution of MARS tokens to customers who held Terra Classic during any of the two snapshots.

At least half of the nodes on the Cardano network fell down for a short period of time over the weekend, according to reports from stake pool operators (SPO) and users of the cryptocurrency. An abnormality caused fifty percent of Cardano nodes to disconnect and restart, according to a message that was published on January 22 and posted on the SPO for Telegram by Input Output Global, the engineering and research company that is responsible for the Cardano blockchain. The unexpected interruption was explained in a post by the statement that «This seems to have been caused by a transitory anomaly triggering two reactions in the node,» which said that some nodes had detached from a peer, while others had thrown an exception and resumed.

Kevin Rose, the co-founder of Moonbirds non-fungible tokens (NFTs) and the CEO of Proof Collective, has fallen victim to a phishing attack due to which he lost about $1.1 million worth of tokens.Some of the stolen NFTs include The Currency artwork by popular British artist Damien Hirst, one Autoglyph, 25 Art Blocks, one Cool Cat, as well as nine OnChainMonkey tokens, among others. "I was just hacked, stay tuned for details - please avoid buying any squiggles until we get them flagged (just lost 25) + a few other NFTs (an autoglyph)," the entrepreneur said in a tweet. In a thread retweeted by Rose, Arran Schlosberg, the vice president of Proof Collective, provides his take on how the hacker managed to seize control over the businessman’s NFT collection. On the evening of January 25, Rose "was phished into signing a malicious signature that allowed the hacker to transfer a large number of high-value tokens. Here is a breakdown of what happened, our immediate response, and our ongoing efforts," Schlosberg said.