Harmony hacker sends stolen funds to Tornado Cash mixer

The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge. The funds from Harmony’s Horizon Bridge have begun to move into the Tornado Cash Ethererum mixer, signaling that the attacker has no intention of accepting the $1 million bounty offered.The decision to obfuscate the ill-gotten gains answers questions about whether the Harmony team’s offer of just 1% of the $100 million in crypto funds stolen on June 24 would be enough to convince the exploiter to return them.#PeckShieldAlert ~6k $ETH (~$7.1m) into @TornadoCash from @harmonyprotocol exploiters Intermediary address: 0x432...47ae pic.twitter.com/AR9dmJRQet— PeckShieldAlert (@PeckShieldAlert) June 27, 2022 A total of 18,036.3 ETH worth about $21 million was moved out of the Horizon Bridge exploiter’s primary wallet at 03:10 am ET on June 28.

6 Questions for Daniel Yan of Matrixport

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Daniel Yan, founding partner and chief operating officer at Matrixport a digital assets financial services platform where users can invest, trade and leverage crypto assets. Hey guys, this is Dan I am a founding partner at Matrixport.

Uganda’s gold discovery: What it could mean for crypto

Is gold becoming inflationary? Can Bitcoin replace it as a store of value due to its scarcity and reliability? Are Uganda’s numbers implausible? Questions arise.

From Autonomous Cities to US Presidency: The Future Is Now Film Shows What Blockchain Leaders Think About Governance

The first cinematographic NFT project “The Future Is Now Film” shows what blockchain leaders think of future governance systems: will there be even tighter centralization, a symbiosis of traditional and new methods of control or do we need a totally new governance system to replace the old one? Answers to these questions can be found in the two latest episodes, “Transforming The Future” and “Aligning The Future”, which were filmed at the AIBC Summit UAE 2021 in Dubai and Blockchance EU conference in Hamburg.

Lummis-Gillibrand crypto bill comprehensive but still creates division

The senators introduced new approaches to familiar questions concerning digital assets and decide how to divide regulatory responsibilities.

“What is Cryptocurrency” is the Most Googled Question in the Digital Asset Space, Study Shows

As already evident, cryptocurrency is transforming personal finance and piquing people's interest globally, a study by Crypto Wallet showed that questions about crypto were heavily searched on Google.

That’s not hodling! Over 50% of Bitcoin addresses still in profit

Hodlers have not needed to hodl hard enough, data covering historical bear markets shows. More than half of Bitcoin (BTC) addresses are still in profit, raising questions about the severity of the current “bear market.”Data from on-chain analytics firm Glassnode confirms that as of June 20, 56.2% of addresses were still worth more in US dollar terms than when their coins entered them.Profitability fails to match previous market bottomsAs BTC/USD fell to 19-month lows of $17,600 over the weekend, analysts braced for what they assume will turn out to be a retracement of up to 84.5% from all-time highs.A sense of confusion reigns this year thanks to those highs not being “high enough” compared to historical bull market tops.

The Celsius episode - What this analyst thinks about what happened

Questions continue to be asked of Celsius since it abruptly froze user accounts.

6 Questions for Annabelle Huang of Amber Group

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Annabelle Huang, the managing partner at Amber Group, a global leading digital asset platform. Prior to Amber Group, I served as the Asia lead at AirSwap, a decentralized trading platform that enables peer-to-peer trading on the Ethereum blockchain.

Crypto's uses and misuses: Binance-Reuters quarrel raises questions

Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector? Crypto exchange Binance has courted controversy almost from its 2017 beginnings, and five years later, the dustups continue.

6 Questions for Alex Wilson of The Giving Block

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Alex Wilson, co-founder of The Giving Block a crypto donation solution that provides an ecosystem for nonprofits and charities to fundraise Bitcoin and other cryptocurrencies.Alex is a co-founder of The Giving Block, a Shift4 company.

Lummis-Gillibrand bill establishes SEC-CFTC balance of power over crypto markets

The comprehensive new bill sorts out regulators and addresses taxes, environmental impact, security and other major questions surrounding digital assets. The long-awaited Responsible Financial Innovation Act to create a regulatory framework for digital assets was introduced in the United States Senate on Tuesday.

6 Questions for Nikki Farb of Headline

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Nikki Farb an active investor and advisor to technology companies who is currently a venture partner at Headline, a venture capital firm.I invest in consumer tech (with a real love for marketplaces) and Web3.

These are the least 'stable' stablecoins not named TerraUSD

Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse. The recent collapse of the once third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs.Stablecoins' stability in questionStablecoin firms claim that each of their issued tokens is backed by real-world and/or crypto assets, so they behave as a vital component in the crypto market, providing traders with an alternative in which to park their cash between placing bets on volatile coins.