Roughly 500 people were in for a random surprise on Mar. 8, receiving a profanity-laced correspondence from BlockFi after their email addresses were used to sign up for fake accounts.
Cyrus McNally
Having purchased his first bitcoin in early 2014 during the collapse of Mt.Gox, Cyrus writes about all things crypto and is a daily user of Bitcoin. He’s written hundreds of articles over the years, with a special focus on the improvement of financial lives of citizens worldwide using blockchain-based technologies.
BlockFi users targeted in ‘racist and vulgar’ email attack ‘Existential threat’ to Bitcoin-investing companies from carbon fallout Asset managers are warning industry giants like Tesla and PayPal that investing in energy-intensive assets like Bitcoin could diminish their popularity among investors.
Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR's Goldman Sachs' Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks.
Nvidia wins legal battle over $1B in sales of crypto mining hardware after 3 years Top GPU manufacturer Nvidia is celebrating after a judge nixed the lawsuit accusing it of misleading investors by “understating” GPU sales to crypto miners.
Polygon-based QuickSwap's TVL grows by $75M in two weeks QuickSwap is quickly become the go-to DEX for trading Ethereum tokens off-chain, with its liquidity quadrupling since late February.
Top 3 NFT brands' sales grew 381% in February The NFT explosion is one of the most talked about events for crypto in 2021, with sales from several platforms breaking records on a weekly basis.
Grammy-winning producer Illmind auctions rights to new samples as NFT The innovative NFT includes a special link that is accessible only by its owner, conferring rights to use audio files for their own purposes.
Meme pioneer launches NFT lolcats on OpenSea Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos.
Bitcoin whale from 2010 moves 100 BTC for first time in 11 years Blockchain analysts have identified 100 BTC mined in June 2010 that were moved for the first time today.
Exchange demands users return Bitcoin bought for $6K during tech glitch An apparent “glitch” on PDAX temporarily dropped BTC prices by 88% and saw trading suspended. The exchange held a press conference yesterday to explain what happened.
Indian banks put crypto traders' accounts under the microscope HSBC, HDFC and Citi are now requiring crypto traders in India to provide information about their activities or risk losing their funds.
DeFi Money Market closure after SEC probe could set rocky precedent What started with the unexpected closure of an investment platform may have ramifications for U.S. DeFi projects say critics.
Arcade classic Street Fighter II launches NFTs on WAX blockchain It's shaping up to be the year in which NFTs go mainstream, thanks to successful releases by a number of household names.
Robinhood announces plans to offer crypto deposits and withdrawals Robinhood’s reputation has taken a battering lately, but it hopes to regain credibility among the crypto community by introducing cryptocurrency transfers.
Crypto criminals got away with $5B less in 2020 as scam revenue falls The proceeds of crypto crime fell by more than $5 billion in 2020, due to increasing regulatory compliance by crypto exchanges and declining scams.
Bitcoin market cap briefly tops $900 billion Bitcoin’s market cap was less than $100 million short of $1 trillion for a few brief moments today.
Andrew Yang says he'll transform NYC into a Bitcoin hub if elected mayor Andrew Yang has plans for New York City that cryptocurrency users anywhere would find appealing.
Lightning Network node count hits record high, TVL tops $42M Will Bitcoin’s premier layer-two solution finally graduate from experiment to everyday utility, following its adoption by major exchanges?
88% of all BTC transfers are overpaying transaction fees Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal.
Bitcoin mempool clogs up with 125K transactions waiting While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs.
Darknet market link provider claims its Bitcoin donors’ accounts were frozen The admin of a well-known darknet market link provider claims its donation address was flagged as suspicious after it criticized Chainalysis' KYT flagging system.
Billionaire Bitcoin investor backs away from California governor bid Citing the need to focus on business, venture capitalist Chamath Palihapitiya has put his political aspirations on hold.
‘Expensive lesson’: 75 Eth2 validators slashed for introducing potential chain split bug A company providing nodes for Eth2 stakers was penalized for breaking safety protocols in the pursuit of higher performance.
Guggenheim CIO under fire for the timing of his changing BTC sentiment The CIO of Guggenheim is under fire on social media for expressing different views about Bitcoin, seemingly on either side of a big investment.
Supply chain and logistics projects dominate additions to Forbes Blockchain 50 The number of major companies using blockchain for logistical purposes is on the rise.
LUNA doubles in price after $25 million investment by Galaxy Digital The Terra Protocol is an up-and-coming crypto platform for DeFi and payment projects, spurred on by working products and a growing audience for DApps based on its technology.
Hundreds of thousands watch as AOC takes on Robinhood on Twitch AOC and guests explored the conditions that led to the GameStop short squeeze and the ramifications of the institutional response to it.
LuaSwap using TomoChain for backend transactions Automated token exchanger LuaSwap is cutting costs by employing a second-layer alternative to transacting on the heavily crowded Ethereum mainnet.
GameStop short squeeze highlights the power of decentralization What do the traders on r/WallStreetBets have in common with cryptocurrency traders? Both are using technological breakthroughs to skirt processes inherent in traditional financial systems.
Bernie Sanders mitten memes immortalized in new NFT collection He may not be president, but Bernie Sanders will live on as long as blockchain exists, thanks to a series of NFTs celebrating his mittens.