Hackers swipe $100 million in cryptocurrency from blockchain bridge Harmony — CBS

Hackers made off with about $100 million in cryptocurrency from a so-called blockchain bridge operated by Harmony, writes Kate Gibson. Here is the link: https://www.cbsnews.com/news/harmony-horizon-cryptocurrency-theft-100-million-blockchain-bridge/

Horizon Media launches standalone Metaverse and Web3 unit

Media agency Horizon Media has launched Chapter & Verse, a standalone unit dedicated to the Metaverse, Web3, NFTs, blockchain, cryptocurrency, and DAO communities.

Andreessen Horowitz announces new $4.5 billion crypto fund — Decrypt

Venture capital firm Andreessen Horowitz has raised $4.5 billion for its fourth cryptocurrency fund, bringing its total raised for crypto and blockchain investments to over $7.6 billion, writes Andrew Asmakov. Here is...

Tether pays out $10bn in withdrawals since start of crypto crash — The Guardian

Tether, the multibillion dollar “stablecoin” that functions as the largest bank in the cryptocurrency economy, has paid out $10 billion in withdrawals since the crypto crash started in early May, writes...

GameStop launches digital wallet for crypto

GameStop has launched a digital asset wallet, which the company says will let users store, send, receive and use cryptocurrencies and non-fungible tokens (NFTs) from within their web browsers. The GameStop Wallet...

Coinbase announces global crypto-native think tank

Coinbase has launched the Coinbase Institute, which the company says is a global crypto-native think tank grounded in evidence-based research.

South Africa’s Sinan Energy launches carbon tokenization blockchain platform — CoinGeek

A South African blockchain startup has launched a carbon tokenization blockchain platform which aims to spark the rise of renewable energy in the country, writes Steve Kaaru. Here is the link: https://coingeek.com/south-africa-sinan-energy-launches-carbon-tokenization-blockchain-platform/

Bitcoin crash is crushing Coinbase. Stock plunges again — CNN

Coinbase shares plummeted more than 25% Wednesday and hit their lowest level ever, writes Paul R. La Monica. Here is the link: https://www.cnn.com/2022/05/11/investing/coinbase-stock-bitcoin-cryptocurrencies/index.html

Flow launches $725M Blockchain development fund with A16z, Digital Currency Group and other investors...

NBA Top Shot’s host blockchain, Flow, is getting a $725 million boost through a new ecosystem fund backed by its developer’s company’s investment arm, Dapper Ventures, and a high-profile group of...

Zynga hires Matt Wolf as VP of blockchain gaming

Zynga has appointed Matt Wolf as its vice president, Blockchain Gaming.

Alchemy raises $250M

Alchemy, a developer platform for blockchain and Web3, has raised a $250 million Series C round of funding.

DeFi bug accidentally gives $90 million to users, founder begs them to return it...

About $90 million has mistakenly gone out to users of Compound, a popular decentralized-finance staking protocol, and the founder is begging users to voluntarily return the tokens, writes MacKenzie Sigalos. Here is...

El Salvador has just started mining bitcoin using the energy from volcanoes — CNBC

El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano, in a first for the country, writes MacKenzie Sigalos. Here is the link: https://www.cnbc.com/2021/10/01/el-salvador-just-started-mining-bitcoin-with-volcanoes-for-the-first-time-ever-and-theyve-already-made-269.html

Bitcoin and ether slide as China intensifies crackdown on cryptocurrencies — CNBC

The declines come after the People’s Bank of China said all crypto-related activities are illegal, writes Ryan Browne. Here is the link: https://www.cnbc.com/2021/09/24/bitcoin-ethereum-sink-as-china-intensifies-crypto-crackdown.html

NFTs, explained — The Verge

What is an NFT, anyhow? Mitchell Clark explains beautifully: https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq