Sunday, May 16, 2021

Will Gottsegen

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Ransomware Attacks Top $81 Million in Stolen Crypto This Year: Chainalysis

In brief At least $81 million in cryptocurrency has been stolen through ransomware attacks this year, per Chainalysis. Chainalysis tends to underestimate in their crime reports—the...

Emily Ratajkowski NFT Sells for $175,000 at Christie’s

In brief Emily Ratajkowski, a model and essayist, has sold an NFT for $175,000 at Christie’s. It’s a rejoinder to the artist Richard Prince. Emily Ratajkowski sold...

Square Says It Has No Plans to Change Bitcoin Buying Strategy

The crypto-friendly digital payments company Square has no plans to change its investment strategy regarding Bitcoin, a company spokesperson has confirmed to Decrypt.The statement...

Binance Under Investigation by DOJ and IRS: Report

Binance, the world's largest cryptocurrency exchange by trading volume, is under investigation by the Department of Justice and Internal Revenue Service, according to Bloomberg.The...

Investment Bank Cowen Jumps Into Crypto Custody for Institutions

In brief Cowen, an investment bank, says it plans to hold cryptocurrency for its institutional clients. It’s another sign Wall Street is beginning to look more...

$156 Million Stolen in DeFi Hacks This Year: CipherTrace

In brief $156 million was stolen from DeFi-related hacks between January and April, according to CipherTrace. That number has risen along with the total amount of...

CryptoPunks NFTs Sell For $16.9 Million At Christie's Auction

In brief Nine CryptoPunks NFTs auctioned at Christie’s fetched $16.9 million total. CryptoPunks are among the oldest and most coveted NFTs. A collection of nine rare CryptoPunks...

Merriam-Webster Auctioning NFT of ‘NFT’ Dictionary Definition

In brief Merriam-Webster has added the initialism “NFT” to its dictionary. In a Borgesian twist, it’s selling an animation of the definition as an NFT. Merriam-Webster announced...

Ethereum DeFi Project Rari Capital Hacked for $11M—But It Plans to Make It Right

In brief An attacker stole 2600 ETH, or nearly $11 million, from a DeFi project called Rari Capital over the weekend. Rari Capital says it plans...

Chainlink Founder: DeFi Market Could Swell to $1 Trillion Next Year

In brief Chainlink founder Sergey Nazarov thinks the DeFi ecosystem is poised for exponential growth. Nearly $80 billion is already “locked up” in DeFi—in May of...

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