Hackers steal $750K after fake NFT link on Azuki’s Twitter account
The Azuki team managed to reclaim the Twitter account shortly after the attack. Data shows the hacker was able to steal over $750,000 from one wallet, while several others were…
Is Silvergate stock a ‘buy’ after it suspended preferred stock dividend?
Silvergate Capital Corp suspends dividend on its preferred stock. Wedbush Securities analyst reiterates his neutral rating on “SI”. Silvergate stock is currently down over 85% since mid-August. Silvergate Capital Corp ended…
Moody’s is building a scoring system for stablecoins: report
Moody’s wants to build a scoring system for stablecoins as the market grows amid increased regulatory attention. The system will provide an rating system for the top stablecoins based on…
Institutional investors are increasingly bullish on Ethereum: report
60% of respondents are convinced Ethereum will a better investment in 2023. Bitcoin is also seen as one with huge potential, while other coins attracting institutional investors are Polkadot, Cardano…
Crypto bank Silvergate suspends preferred stock dividend
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock. The company’s shares fell more than 11% pre-market after the announcement. Silvergate reported a $1…
Leading digital wealth platform Yield App acquires Trofi Group
Yield App is a digital wealth platform that offers safe custody of digital assets. The platform allows customers to exchange and earn on their assets at market-leading rates. The acquisition…
Polygon’s Gains Network DEX volume crosses $1.5B as Polygon price reclaims $1
At press time, Polygon (MATIC) was trading at $1.09, up 8.93% in 24 hours. Gains Network DEX was initially released on Polygon before being deployed on Arbitrum. The Gains Network…
What Is NFT Staking? How to Earn With NFTs
Table of Contents What is NFT Staking? Factors to Consider when Staking NFTs How Does NFT Staking Work? Earning Rewards with NFT Staking NFT Staking Projects Key Takeaw...
Crypto price predictions: Solana, Theta Network, HOOK
Solana price has formed a triple-top pattern and a head and shoulders. Theta Network has moved above the cup and handle pattern. Hooked Protocol’s HOOK has surged above its all-time…
What is the Bitcoin hash rate? And why is at all-time highs?
Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes miners’ profitability, at a time…