Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billionThe purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to further back its popular stablecoin of UST. … [Read more...] about Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
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$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is taken out of circulation for every transaction that occurs on the Ethereum blockchain. While sending and receiving ETH does not cost much, higher-level tasks, such as … [Read more...] about $1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Yet another solo Bitcoin miner solved a valid block, earning a reward worth over $220,000
Another Bitcoin miner from the Solo CK mining pool has solo mined a new block on the Bitcoin blockchain, earning a block reward of 6.25 BTC (over $220,000 at current prices) as a result. The event took place on Monday at a block height of 720,175.Solo mining consists of attempting to validate blocks by a single miner, without teaming efforts with other miners on a mining pool, … [Read more...] about Yet another solo Bitcoin miner solved a valid block, earning a reward worth over $220,000
Crypto.com breach may be worth up to $33M, suggests onchain analyst
Onchain analyst claims that Crypto.com's loss in the latest security breach might have been worth more than the reported $15 million.Pseudonymous ErgoBTC, an on-chain analyst at Bitcoin (BTC) research firm OXT Research, claims that the Crypto.com security breach that was said to have resulted in the loss of 4.6K ETH ($15 million), may be worth up to $33 million.Adding another … [Read more...] about Crypto.com breach may be worth up to $33M, suggests onchain analyst
Polygon to Delegate $189M Worth of MATIC to Bitfinex for Staking
Cryptocurrency exchange Bitfinex said it will receive $189 million worth of Polygon's MATIC tokens to sponsor enhanced staking rewards for users.According to a blog post, Bitfinex will receive 90 million MATIC for the new staking program. Polygon is a "layer 2" scaling tool for the Ethereum blockchain, designed to speed up and reduce the cost of transactions.At press time, … [Read more...] about Polygon to Delegate $189M Worth of MATIC to Bitfinex for Staking