Despite TRON dominating Ethereum, new challenges emerge for TRX

TRON outperformed Ethereum in stablecoin dominance. The network’s growth is shown in TVL, whale interest, and price increase. The cryptocurrency world has seen tremendous growth in recent times, with several networks vying for dominance in different sectors. One area where TRON [TRX] has been making significant headway is in the stablecoin sector. Interesting. More than … Read more

Signature Bank faces charges overlooking FTX fraud

New York-based Signature Bank is facing a lawsuit filed by Statistica Capital, an investment firm that believes the former was involved in FTX’s collapse. Signature Bank has been accused of partaking in the FTX fraud that was discovered last year. Amid the FTX crypto scandal, Signature Bank still allowed the linking of customer accounts to … Read more

Twitter Will Remember if You Prefer a Recommended or Chronological Feed

Twitter Support has revealed that the latest version of the application for iOS and Android smartphones now remembers which “tab” the user last selected. After closing and reopening the app, Twitter will always display the last used tab first. Twitter rolled out the same functionality for its Web platform earlier in January. Twitter CEO Elon … Read more

Turkey-Syria earthquake: How drones and a NASA heartbeat detector could transform disaster search

Rescue efforts continue following the devastating earthquakes which struck Turkey and Syria. More than 5,100 people are dead as a result of the tremors, which saw buildings crumble within seconds and left thousands trapped under what remained. Patients left to die in ‘forgotten hospitals’ – earthquake latest As emergency responders, military forces, aid workers, and … Read more

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Microsoft Outlook email experiences outage | CNN Business

New York CNN — Microsoft Outlook went down for several hours overnight, disrupting email and other services in North America and around the world. “Users primarily located in the North American region attempting to access Outlook.com may be unable to send, receive, or search email. Additional functionality such as the calendar consumed by other services … Read more

Damus to lure in Crypto Twitter with Bitcoin revenue payout option

Decentralized social network Damus teased an upcoming feature in its app that would allow users to earn Satoshi — the smallest fraction of Bitcoin (BTC)  — based on post engagement on the platform. In a Twitter post, the Damus team highlighted that there will be a feature that allows users to earn Satoshis in the … Read more

Liberty Steel supplier Aartee Bright Bar crashes into administration

A major supplier to Britain’s third-biggest steel producer has been forced to call in administrators, deepening the financial gloom engulfing the industry. Sky News has learnt that Aartee Bright Bar, which is based in the West Midlands and employs 250 people, has this week drafted in Alvarez & Marsal to handle an insolvency process. Aartee … Read more

Jill Biden’s State of the Union guests include Tyre Nichols’ parents, Bono, Ukraine ambassador, Paul Pelosi | CNN Politics

CNN  —  Paul Pelosi, Tyre Nichols’ parents, U2 star Bono, Monterey Park shooting hero Brandon Tsay, Ukraine’s ambassador to the US Oksana Markarova and a Holocaust survivor are among those headed to the US Capitol Tuesday evening where President Joe Biden is set to deliver his State of the Union address. Biden’s remarks will both … Read more

U.S. is ‘absolutely’ behind on supply chain independence from China, Biden advisor says

The U.S. has some rapid catching up to do if it is to secure the reliability of its supply chain and its independence from competitors like China, a top White House advisor admitted this week. “Look, this is a major concern for the U.S. and I think for the rest of the world. As we … Read more

Ohio crews release toxic chemicals from derailed freight train to avert explosion after evacuation

Rail crews in Ohio have been burning off toxic chemicals from a freight train that derailed last week, after ordering nearly 2,000 residents to evacuate their homes. The train, operated by Norfolk Southern Railroad and consisting of three locomotives and 150 freight cars, was travelling from Illinois to Pennsylvania when it derailed shortly before 9pm … Read more

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Market Watch: The Graph Explodes 33%, Lido (LDO) Soars 16%

Bitcoin slipped toward $22,500 once again in the past 24 hours but managed to bounce off and is once again situated around $23,000. Most altcoins are calmer today, aside from several mid caps, including LDO and GRT, both of which have skyrocketed by double digits. GRT, LDO Soar Lido DAO’s native cryptocurrency went on a … Read more

Will Bitcoin, Ethereum Crash? DCG Sells Grayscale Shares

After a long back-and-forth, the Genesis and DCG drama appears to be coming to a relatively smooth end after Genesis reached an agreement with DCG and other creditors yesterday – but a price crash could be looming as DCG is forced to sell shares in its Grayscale Bitcoin (GBTC) and Ethereum (ETHE) Trusts. As the … Read more

UK crypto firms could be jailed for 2 years for violating advertising laws

The new proposed advertising rules in the UK could subject executives of crypto firms to up to two years in prison for failing to meet certain promotion requirements. Crypto firms would need either FCA authorization or an exemption under the Financial Promotion Order to advertise their services. According to the United Kingdom’s financial watchdog, new … Read more

Crypto banking firm Juno restarts operations after halt

Crypto banking firm Juno has resumed its core crypto services after pausing them a month ago. The resumption of services follows Juno’s partnership with its new crypto custodian, Zero Hash. According to Juno CEO and co-founder Varun Deshpande, the new partnership with Zero Hash will provide users with a more secure platform experience. “Given the … Read more

North Korean Hackers Make Record For Most Crypto Stolen In 2022: UN Report | Bitcoinist.com

North Korean hackers stole more cryptocurrencies in 2022 than in any previous year, according to a confidential report obtained by Reuters on Monday from the United Nations. This is yet another indication that the hermit state is evading international sanctions to raise revenue. Targeting the networks of global aerospace and defense industries, hackers with ties … Read more

Live updates: Turkey-Syria earthquake leaves thousands dead

A view of debris in Malatya, Turkey, on February 6. (Hakan Akgun/dia images/Getty Images) At least 5,021 deaths have now been confirmed in Turkey and Syria after a powerful magnitude 7.8 earthquake rocked the region early on Monday. Turkey’s death toll rose to at least 3,419, Turkey’s Vice President Fuat Oktay said in a televised … Read more

Webaverse co-founder admits to being scammed off $4 million

After meeting with con artists who pretended to be investors in a hotel lobby in Rome, the co-founder of the Web3 metaverse gaming engine Webaverse stated that the company was the victim of a $4 million crypto heist. During a meeting with two individuals who pretended to be investors, the co-founder of Webaverse Ahad Shams … Read more

SoftBank’s Vision Fund posts fourth straight quarter of losses as tech slump hits Japanese giant

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg | Getty Images SoftBank’s flagship investment arm the Vision Fund posted its fourth straight quarterly … Read more

Ethereum’s future hinges on validators amidst declining interest and market trends

Ethereum network’s validator numbers remained steady despite bear market. Decreased whale interest, network growth, velocity, and trader sentiment raised concerns. Validators on Ethereum [ETH] could play a significant role in the network’s future. New data on 6 February suggested that the number of new validators added to the network remained constant in 2022, even during … Read more

WeTransfer Enters NFT Industry Via Minima Partnership: Report

WeTransfer, a freemium model file-sharing platform, has moved towards Web3 with a recently announced partnership with Minima that would allow users to create and send NFTs from their phones. Creativity and Privacy According to Damian Bradfield, the Chief Creative Officer at WeTransfer, the decision to partner with Minima came due to a closely-aligned vision and … Read more

Bitcoin sees golden cross which last hit 2 months before all-time high

Bitcoin (BTC) lingered near $23,000 on Feb. 7 as a key chart phenomenon hit for the first time in 18 months. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Battle of the Bitcoin crosses begins Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tracking sideways overnight, having shunned volatility at the week’s first Wall Street … Read more

CoW Swap hacker milks over 550 BNB using ‘solver’ exploit

Decentralized exchange (DEX) protocol CoW Swap recently suffered an attack, losing at least 550 BNB (BNB) in a contract exploit that approved fund transfers from the protocol. Blockchain surveyor MevRefund flagged the event and detected that the funds seemed to be moving away from CoW Swap. The MEV searcher warned the DEX and its users … Read more

Yuga Labs settles trademark infringement lawsuit with Thomas Lehman

Developers at Yuga Labs have settled the legal dispute with Thomas Lehman outside the court after his involvement in developing a copycat collection of the Bored Ape Yacht Club NFT collection. Yuga Labsthe developer and designer of the renowned NFT collection Bored Ape Yacht Club, has settled its legal charges against Thomas Lehman. Thomas was … Read more