DIGIT INFO

3AC founders reveal ties to Terra founder, blame overconfidence for collapse

Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook many red flags with the project that eventually led to a multi-million dollar loss for the hedge fund.

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Crypto.com scores regulatory approval from Cyprus SEC

Crypto.com exchange follows in FTX’s footsteps by targeting aggressive expansion in Europe after receiving CySEC approval.

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Buying crypto with credit card is now indirectly banned in Taiwan

In its note to banking sector, a chief financial regulator likens virtual assets to online gambling.

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Blockchain and cybersecurity awareness on the rise: PolySwarm CEO

Steve Bassi, the CEO of PolySwarm, said that gathering data on malware infrastructure shortens the lifespan of malware campaigns.

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Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March

On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June 22. It’s Now 11.39% Easier to […]

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Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price

Levels immediately below the current $23,000 need to hold at the weekly close for Bitcoin bulls to breathe easy, commentators warn.

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Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project

A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using blockchain include reduced costs and time as well as improved data integration. End-to-End Digital Traceability A […]

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