Polygon regains access to Discord server following security breach

Polygon suffered a security breach today as hackers took over its community Discord channel for approximately three hours. The breach, which led to scammers infiltrating the channel and targeting users, has now... Read more »

Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate

In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began,... Read more »

Tether introduces UAE Dirham-pegged stablecoin

Key Takeaways Tether’s new stablecoin is fully backed by UAE-based liquid reserves. Tether aims to be a pioneer in the UAE’s crypto market by being among the early adopters of the new... Read more »

Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall

On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per... Read more »

Bitcoin accumulation addresses see steady rise

Onchain Highlights DEFINITION: The number of unique accumulation addresses. Accumulation addresses are defined as addresses that have at least 2 incoming non-dust transfers and have never spent funds. Exchange addresses and addresses receiving... Read more »

Russia plans to set up crypto exchanges to support global trade

Key Takeaways Russia plans to establish crypto exchanges in Moscow and St Petersburg to support international trade. The exchanges will use stablecoins linked to the Chinese yuan and BRICS currencies to reduce... Read more »

National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation

The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the... Read more »

WazirX to resume phased fiat withdrawals after $235M hack

India-based crypto exchange WazirX announced that it will begin a phased resumption of fiat currency withdrawals on Aug. 26, following a month-long suspension due to a cyberattack, according to an Aug. 23... Read more »

Kraken operator loses case in Australia over margin trading product

Key Takeaways Bit Trade failed to comply with design and distribution obligations for its margin trading product. ASIC plans to seek financial penalties against Kraken’s Australian operator. Share this article The Australian... Read more »

Bitcoin’s climb above $60k causes futures open interest to surge $2B in a day

Bitcoin’s breakout above $60,000 seems to have triggered a new spark of optimism among traders. The market has been flat for most of August after experiencing a significant drop at the beginning... Read more »