Cross-chain Bridge Hack of Meter Sees $4.4M Stolen
Market Analysis

Cross-chain Bridge Hack of Meter Sees $4.4M Stolen

February 7, 2022 0

Meter, an infrastructure provider for DeFi, is urging a hacker who exploited a deposit mechanism to return the $4.4M of stolen funds. A blockchain infrastructure company that operates in the Decentralized Finance space, Meter, was […]

Sphere 3D Signs $1.7B Deal to Buy 60K NuMiner Machines
Regulation

Sphere 3D to Buy 60K NuMiner Machines for $1.7B

February 7, 2022 0

“The NM440 boasts a 440 TH/s processing hash rate, more than 8x the average bitcoin miner, with ~75% less energy usage, as substantiated by leading third-party testing company TÜV Nord’s certified lab BTL,” said Anthony […]

Bitcoin Rangebound as Altcoins Underperform
Bitcoin

Bitcoin Rangebound as Altcoins Underperform

February 7, 2022 0

●Bitcoin (BTC): $36785, −1.84% ●Ether (ETH): $2620, −3.34% ●S&P 500 daily close: $4477, −2.44% ●Gold: $1807 per troy ounce, −0.15% ●Ten-year Treasury yield daily close: 1.83% Bitcoin, ether and gold prices are taken at approximately […]

Technology

Layer 1 Project Aleo Raises $200M

February 7, 2022 0

Key Takeaways Aleo has closed a $200 million funding round led by SoftBank Vision Fund 2 and Kora Management. The team aims to build a scalable and privacy-centered blockchain using zero-knowledge proofs. Once live as […]

Ethereum

Bitcoin Capped Below $40K Resistance; Support at $35K

February 7, 2022 0

Bitcoin (BTC) buyers and sellers are at a stalemate. The cryptocurrency is trading in a tight range between $35K support and $38K-$40K resistance as upside momentum slows. Still, short-term buyers could remain active. Source link

Regulation

Muneeb Ali’s Trust Machines Raises $150M

February 7, 2022 0

“With the early foundation built, it’s time to concentrate on unlocking the next level of applications and platform technology on Bitcoin, enhancing the platforms for speed, scale and functionality, and making Bitcoin apps a reality […]