Galaxy Digital’s head Mike Novogratz undaunted by $175.8M loss in Q2
Mike Novogratz, founder and CEO of Galaxy Digital, was undaunted by the company’s $175.8 million loss, emphasising the necessity of digital asset adoption. Galaxy Digital Holdings , Mike Novogratz’s crypto investing firm, has reported a $175.8 million loss in the second quarter. The amount stands in stark contrast to the company’s first-quarter report, which showed […]
Poly Network offers the $610 million hacker an advisory position
Poly Network has offered the hacker responsible for a $610 million hack an advisory post and $500,000 – whether they want it or not. According to a Tuesday report, the Poly Network team stated that it will be asking a hacker to the position of top security advisor in an apparent attempt to obtain access […]
1inch reveals deployment to the Optimistic Ethereum Network
According to 1inch, the company’s launch on the Optimistic Ethereum network would result in speedier confirmation times and lower transaction fees. 1inch, a decentralised exchange aggregator, has announced its launch on the Optimistic Ethereum (OE) mainnet, claiming a significant reduction in transaction costs and confirmation times for users. According to Sergej Kunz, co-founder of the […]
Spanish officials issue warning on several crypto- and financial market-related businesses for illicit services
A warning was issued by the National Securities Market Commission of Spain against 12 firms crypto and financial market-related businesses for not being properly registered to provide investing services. Regulators from all around the world are continuing to apply pressure to cryptocurrency businesses on a regular basis. In Spain, the National Securities Market Commission (CNMV) […]
Ethereum 2: Single-largest Ether hodler with $21.5 Billion
As a result of its high number of Ether holdings, the Eth2 staking contract has become the most important address. The staking contract for the Ethereum 2.0 network has now surpassed all other holders of Ether to become the single largest holder of the cryptocurrency today. In the eyes of blockchain analytics service Nansen, the Eth2 […]