Browsing: Crypto News Flash

Argo Blockchain reported first-quarter net profit of £1.6 million ($2.1 million), down more than 90 percent year-on-year. Argo cited factors such as changes in the fair value of digital currencies, where Bitcoin was around $40,000 in the first quarter, compared with nearly $60,000 in the same period last year.

Argo mined 470 bitcoins and their equivalent, compared to 387 in the same period last year. Argo held 2,700 bitcoins and bitcoin equivalents at the end of the first quarter.

Argo has borrowed $70.6 million in recent weeks from a New York Digital Investment Group (NYDIG) subsidiary to buy mining equipment for its Helios facility in Texas, which will run at 200 megawatts and potentially raised to 800 MW.

Microsoft has warned that a new threat is emerging against online cryptocurrency wallets. Microsoft has dubbed the new threat “cryware,” and these attacks lead to the irreversible theft of virtual currency through fraudulent transfers to adversary-controlled wallets. In a new report, Berman Enconado and Laurie Kirk of Microsoft’s 365 Defense research team say that Cryware is created directly from a non-custodial cryptocurrency wallet (also known as a hot wallet). wallet) information stealers who collect and steal data. Unlike custodial wallets, hot wallets are stored locally on the device, making it easier to obtain the encryption keys needed to execute transactions, so more and more threats are targeting them.

The RPG NFT game was attacked by a phishing website. Hackers imitated its official website Pixelmon.club to forge a website. The phishing website would ask players to download the game. search for files matching a specific name, and then upload those files to the attacker. According to NFTGo.io data, the current floor price of Pixelmon is 0.298ETH, the market value is about $18.66 million, and the total transaction volume reaches $44.24 million.

Nomura will launch a new company to help institutional clients diversify into cryptocurrencies, DeFi and NFTs. Japan’s largest investment bank will consolidate some digital asset services into a wholly-owned subsidiary that will have about 100 employees by the end of 2023, according to people familiar with the company’s plans.

The plan is said to have been under discussion for four years. Last week, Nomura Securities successfully traded its first bitcoin futures and options on CME through Cumberland, the cryptocurrency trading arm of DRW.

Celsius Mining LLC, a wholly-owned crypto mining company owned by crypto lending platform Celsius Network, has recently confidentially filed a draft FormS-1 (Registration of Stock Listing Application) registration statement with the U.S. Securities and Exchange Commission (SEC).

The registration statement is expected to become effective after the SEC completes its review process, subject to market and other conditions. As previously reported, on November 22, 2021, the crypto lending platform Celsius Network invested another $300 million in the North American bitcoin mining business, bringing the total investment to $500 million.

Alex Mashinsky, CEO of Celsius Network, said the investment is aimed at expanding Celsius Network’s mining power and mining machine power capacity in North America.

Taiwan-based blockchain services company OwlTing has partnered with Nium to support the former’s cross-border payment service OwlPay. OwlPay provides one-stop financial service integration services for global B2B transactions. The new service includes automated reconciliation, online currency swaps and cross-border payment services to simplify traditional payment processes and improve the operational efficiency of businesses.

FTX founder SBF said on social media that LUNA is a case of popular enthusiasm and excitement. Marketing and Meme drive people to believe something false, but this is not the same as Theranos, the blood testing company founded by the female version of Jobs Elizabeth Holmes. Defrauding investors is not the same.

SBF said that LUNA/UST is bad, but its mechanism is very transparent and has not been misinterpreted. Do Kwon does not claim that UST is backed 1:1 by the US dollar, and clearly states that UST is backed by a bunch of volatile assets.

In addition, the SBF also emphasizes that most bad investments are not Ponzi schemes, some are fraud, some are bad luck, and some are in between. Investments that have lost more than 50% since the beginning of the year: Netflix, LUNA, AMC, and the ARK Innovation ETF (ARKK).

RaceNetwork, the BNBChain infrastructure service platform, will be issued at 21:30 on May 15 (UTC+8) using the Mint coinage mechanism to complete the construction of the complete structure of the first version of the product, that is, the total amount of market participation funds determines the sale price.

It is reported that the prediction game and mining functions have been launched. Single-coin mining will mine BNB, and DAO, SwapDEX and other functions will be opened in succession. Certik information shows that Race has passed its security audit.

The Estonian Financial Intelligence Unit has issued a license to MERIT to provide virtual asset services, and MeritFi, an Estonian entity nature organization, will launch the Nature Token, an economic model that connects the economy with nature.

The license is issued under the Estonian Anti-Money Laundering and Terrorist Financing Prevention Act, which sets out the regulatory framework for combating financial crime.

Japanese venture capital firm Skyland Ventures (SV) has announced the launch of SV4 Fund, a new $40 million seed venture capital fund focused on Web3.

On the basis of continuing its extensive investment in Internet companies in the past, SV4 Fund will also actively invest in global startups in the field of Web3 (cryptocurrency, NFT, blockchain) in the form of equity and Token.