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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

USDT Issuer Tether Blocks $3M Address Linked to Attack

Reading Time: < 1 minuteTether, the issuer of the stablecoin USDT, has recently blacklisted an address associated with a MEV bot hack that had approximately $3 million of digital assets.

April 12, 2023April 12, 2023 Chris Smith News

US Users Seem to Be More Interested in Bitcoin Than in Donald Trump

Reading Time: < 1 minuteAhrefs research has revealed that the amount of Google searches related to the original cryptocurrency has reached 1.9 million in the US.

April 11, 2023April 11, 2023 Chris Smith News

More Than Half of Bitcoins Haven’t Moved in 2 Years: Report

Reading Time: < 1 minuteThe proportion of Bitcoins that have not been moved in the past two years has risen to a record 53%.

April 11, 2023April 11, 2023 Chris Smith News

dYdX Shuts Down Operations in Canada

Reading Time: < 1 minuteDecentralized exchange dYdX announced on April 7 that it would cease registering new users from Canada.

April 10, 2023April 10, 2023 Chris Smith News

US and South Korea Request Extradition of Terraform Labs Co-founder Do Kwon

Reading Time: < 1 minuteJustice Minister Marko Kovač announced on March 29 at a press conference that both the United States and South Korea have requested the extradition of Terra co-founder Do Kwon.

April 7, 2023April 7, 2023 Chris Smith News

OKX to Expand to Australia

Reading Time: < 1 minuteOKX has expressed its desire to extend its services to Australia.

April 6, 2023April 6, 2023 Chris Smith News

Earn Users Will Receive Lost Celsius Funds from Paxful

Reading Time: < 1 minuteRay Youssef, CEO of crypto marketplace Paxful, has announced the company will be refunding its Earn program users who were affected by the Celsius Network collapse in 2022.

April 5, 2023April 5, 2023 Chris Smith News

Attacker Who Hacked Allbridge Returns Most of $573K He Stole

Reading Time: < 1 minuteAn attack on Allbridge resulted in the theft of approximately $573,000 worth of cryptocurrency.

April 4, 2023April 4, 2023 Chris Smith News

Hong Kong Fund Intends to Raise $100M for Cryptocurrency Investments

Reading Time: < 1 minuteA $100 million fund launched by local Hong Kong investors to finance the digital industry has closed its half-year fundraising period having raised approximately $30 million.

April 4, 2023April 4, 2023 Chris Smith News

OKX Will Transfer $157M of Frozen Assets to FTX Managers

Reading Time: < 1 minuteOKX has announced that it will be transferring $157 million worth of frozen assets related to FTX and Alameda Research to the debtors of the bankrupt exchange.

April 4, 2023March 30, 2023 Chris Smith News

Hackers Steal BTC in 52 Countries Through Fake Tor Browser

Reading Time: < 1 minuteKaspersky Lab experts have reported that attackers have been distributing the CryptoClipper trojan disguised as the Tor browser on third-party websites.

April 3, 2023April 3, 2023 Chris Smith News

Ledger Announces it is Expanding its Series C Funding Round

Reading Time: < 1 minuteLedger is now planning a second round of fundraising in mid-April and a possible third phase due to the high interest of investors.

March 31, 2023March 31, 2023 Chris Smith News

UNICEF is Testing a DAO Concept

Reading Time: < 1 minuteThe United Nations Children’s Fund (UNICEF) announced at Paris Blockchain Week that they are testing out the DAO concept.

March 31, 2023March 31, 2023 Chris Smith News

Circle to Launch USDC on Cosmos Ecosystem

Reading Time: < 1 minuteThe Noble project has announced the release of USD Coin from Circle issuer in the Cosmos ecosystem.

March 30, 2023March 30, 2023 Chris Smith News

Hydra Ventures DAO Attracts $10M

Reading Time: < 1 minute
Hydra Ventures DAO has raised $10 million to create a new generation of investment DAOs, similar to TradFi’s signature fund of funds.

March 30, 2023March 30, 2023 Chris Smith News

Bitcoin Investors Believe Bullish Trend Will Continue: Report

Reading Time: < 1 minuteDespite the largest wave of profit realization in Bitcoin since May 2022, most coins remain inactive.

March 29, 2023March 29, 2023 Chris Smith News

Alibaba Cloud to Open a Unit Focused on Web3-Games Development

Reading Time: < 1 minuteAlibaba Cloud has unveiled the launch of a “blockchain lab” in Japan, which is set to open in April.

March 28, 2023March 28, 2023 Chris Smith News

THORChain Network is Globally Halted Due to Vulnerability

Reading Time: < 1 minuteThe THORChain multi-chain protocol developers have suspended the network in response to “credible reports of a potential vulnerability.”

March 28, 2023March 28, 2023 Chris Smith News

Chinese Banks Want to Offer Services to Hong Kong-based Crypto Companies

Reading Time: < 1 minuteSeveral Chinese banks, such as Shanghai Pudong Development Bank, Bank of Communications, and Bank of China, have opened accounts or requested cooperation with Hong Kong-based crypto firms.

March 27, 2023March 27, 2023 Chris Smith News

Nasdaq to Launch a Crypto Custody Service

Reading Time: < 1 minuteNasdaq will launch a cryptocurrency custody platform geared towards institutional investors by the end of the second quarter.

March 27, 2023March 27, 2023 Chris Smith News

Coinbase CEO: SEC’s Policy is Disastrous for US Financial Sector

Reading Time: < 1 minuteThe SEC’s regulatory policy on digital assets could negatively affect the financial position of the United States.

March 24, 2023March 24, 2023 Chris Smith News

Blockchain Project Radix Raises $10M

Reading Time: < 1 minuteDWF Labs has invested $8 million in Radix, with a pledge to provide additional $2 million in the near future, valuing the Web3 firm at $400 million.

March 24, 2023March 24, 2023 Chris Smith News

KyberSwap to Launch Farming Pools for ARB Tokens

Reading Time: < 1 minuteKyberSwap, a non-custodial exchange, will launch liquidity mining pools and rewards for ARB token traders.

March 23, 2023March 23, 2023 Chris Smith News

Crypto Miner Navier Unveils Marketplace for Tokenized Hashrate

Reading Time: < 1 minuteNavier has announced the launch of a token trading service for qualified investors that enables ownership of a specific hashrate to mine cryptocurrencies.

March 23, 2023March 23, 2023 Chris Smith News

Sushi DAO to Set Up a $3M Legal Defense Fund

Reading Time: < 1 minuteJared Gray, the CEO of SushiSwap, has proposed to the Sushi DAO that they set up a $3 million legal defense fund.

March 22, 2023March 22, 2023 Chris Smith News

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