Jack Dorsey finances Bitcoin education in El Salvador
Mi Primer Bitcoin, the El Salvador based organization received 0.26 BTC in funding from Twitter co-founder Jack Dorsey. Co-founder and former CEO of Twitter Jack Dorsey donated to an El Salvador Bitcoin educational organization earlier today, marking his first act of crypto philanthropy. Mi Primer Bitcoin, which translates to “My First Bitcoin,” is an initiative […]
Silvergate suffers $1B net loss in 2022 fourth quarter
According to reports from Silvergate, deposits were $7.3 billion in the fourth quarter, which was less than the $12 billion recorded in the third quarter. A class action lawsuit against Silvergate Bank regarding its interactions with FTX and Alameda Research is now pending, and the bank just disclosed a fourth-quarter 2022 net loss of $1 […]
Vietnamese court imprisons hacker for hacking crypto exchange
Vietnam’s authorities apprehended and jailed a hacker who stole money and data from a local cryptocurrency exchange. The individual, who was detained and accused of extorting the proprietor of the trading site, has been ordered to refund the money he stole. A native of Ho Chi Minh City, Vietnam , was sentenced to ten years […]
Magic Eden to refund customers duped into purchasing fake NFTs
Magic Eden said that it would refund any users who unintentionally bought unverified NFTs as a result of an update to its tools features. As a result of a recent hack, Magic Eden disclosed that it will issue refunds to any users who unintentionally purchased unverified NFTs that appeared on the collection sites. The Solana-based […]
Animoca Brands plans to invest $1B in Web3 in Q1 of 2023
Animoca Brands, with headquarters in Hong Kong, plans to launch a $1 billion Web3 and Metaverse investment fund. During the first quarter of the year, the blockchain gaming company Animoca Brands plans to raise almost $1 billion for its most recent Web3 and Metaverse investment fund. The initiative is being taken despite the fact that […]