Rollbit (RLB) deviated from the prevailing norms typically observed in cryptocurrency initiatives, deliberately and noticeably distinguishing itself. Instead of following the conventional practice of allocating a substantial amount of their coin supply for internal use, Rollbit opted for a different approach. This strategy exemplifies the crypto platform’s dedication to transparency and a distinct ideology pertaining to the allocation and application of its money. In the current market recovery, the RLB stands out as the frontrunner, exhibiting an unexpected and substantial surge. The token, regarded as the fundamental element of the…
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Tesla and other top companies capitalize on bitcoin portfolio
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Top publicly traded firms reveal their Bitcoin (BTC) portfolios. MicroStrategy leads the list, showcasing the fusion of traditional finance and digital assets. Crypto analytics website CoinGecko has analyzed the top 10 publicly traded companies with the largest Bitcoin portfolios. The report provides a detailed account of their BTC holdings and associated performance. The list includes MicroStrategy, Block, Tesla, and other moguls that keep investing in crypto despite the bear market. Top 5 companies holding Bitcoin |…
Top US Crypto Exchange Coinbase Asks Court To Toss SEC Lawsuit, Accuses the Regulator of Violating Due Process
Coinbase is asking a court to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the top US-based crypto exchange. In a new thread, Paul Grewal, Coinbase’s chief legal officer, says that the crypto firm is seeking to discard the lawsuit because they believe the regulatory agency is violating due process. According to Grewal, the SEC is ignoring a decades-long precedent established by the Supreme Court. “Today, Coinbase filed our brief asking the Court to dismiss the SEC’s case against us. Our core argument is simple – we do…
BlackBerry reveals top crypto-focused malware amid rising cyberthreats
In the process of stopping over 1.5 million cyberattacks between March to May, the cybersecurity arm of the defunct smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or steal cryptocurrencies. The three industries most affected by cyberattacks are finance, healthcare and government, according to the BlackBerry report. A commodity malware named RedLine is one of the long-standing financial threats — tasked with harvesting information including cryptocurrency and banking information. The three industries with the highest distribution of stopped cyberattacks and stopped unique/different samples during…
BlackBerry reveals top crypto-focused malware amid rising cyber threats
In the process of stopping over 1.5 million cyberattacks between March and May, the cybersecurity arm of the former smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or steal cryptocurrencies. The three industries most affected by cyberattacks are finance, healthcare and government, according to the BlackBerry report. A commodity malware named RedLine is one of the long-standing financial threats tasked with harvesting cryptocurrency and banking information. The three industries with the highest distribution of stopped cyberattacks and stopped unique/different samples during the period. Source:…
Crypto industry shares its top moments
The crypto community has come together to celebrate the 8th birthday of the Ethereum network, marking eight years since when the Ethereum Foundation first sent the network live. On July 30, 2015, former Ethereum Foundation CCO Stephan Tual penned a blog post, officially announcing that the network had been rolled out. “The vision of a censorship-proof ‘world computer’ that anyone can program, paying exclusively for what they use and nothing more, is now a reality,” he wrote. Screenshot of blog post from Stephan Tual. Source: Ethereum Foundation Eight years later,…
Reality Labs losses top $7.7B year to date
Meta’s metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023. Its second-quarter results released on July 26 saw Meta report an 11% revenue gain compared to the previous year, totaling $31.9 billion. Its metaverse-focused Reality Labs revenue topped $276 million. Reality Labs’ operating losses are set to increase through 2023, Meta said. It cited product development efforts in virtual reality and further investments in to its metaverse as the reason for the losses extending. In…
MKR Shows Positive Moves As Top Coins Land In The Red
MakerDAO’s (MKR) posted positive moves today even as the broader market saw a slight correction. While top coins painted charts red with bearish moves, MKR added over 3% in the last 24 hours, bringing its price to $1,139.92 at 9:25 am EST. This bullish momentum coming amid a bear market trend suggests that special factors might be behind it. Maker (MKR) Soars Amid New Governance Proposals Maker made the top gainers’ list on Wednesday, July 26, closely behind Compound (COMP) with 3.18% 24-hour price growth and XDC Network with an…
Exploring top 5 peer-to-peer crypto exchanges
In the ever-expanding landscape of cryptocurrency exchanges, peer-to-peer (P2P) platforms have gained significant traction in recent years. They facilitate direct trading between users, eliminating the reliance on intermediaries. As the popularity of P2P exchanges continues to soar, we examine the top 5 platforms preferred by traders. Among industry leaders, these five crypto exchanges offer broad options, enhancing trader experience. Elbaite Elbaite, a self-custodial cryptocurrency exchange, was designed by a team of crypto traders concerned with the insecurity in mainstream centralized exchanges. Elbaite prioritizes product and user experience and is committed…
Liquid staking claims top spot in DeFi: Binance report
Liquid staking is a decentralized finance (DeFi) subsector that lets users earn yield by staking their tokens without losing their liquidity. It has become the biggest DeFi sector in terms of total value locked (TVL), according to crypto exchange Binance’s Half-Year Report 2023. Within the report, the crypto exchange highlighted that liquid staking had dethroned decentralized exchanges (DEXs) as the top-ranking DeFi category by TVL as of April 2023. The staking mechanism was a crucial part of staking Ether (ETH) before the Ethereum Shanghai upgrade when users were unable to…