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Anchorage Digital Adds Ethereum DeFi Token dYdX

Anchorage Digital announced today that it would be able to take custody of the dYdX governance token on customers’ behalf as soon as the token launches. Anchorage already supports 57 digital assets, including stablecoins such as USDC, market cap leaders such as Bitcoin and Ethereum, and decentralized finance (DeFi) governance tokens such as Compound. dYdX …

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Axie Infinity Becomes Ethereum’s First NFT Game to Hit $1 Billion in Sales

Ethereum-based NFT game Axie Infinity has crossed $1 billion in sales, data from CryptoSlam! shows. As of this writing, $1,055,735 worth of tokens from the Pokémon-inspired NFT game have traded hands through 2.4 million transactions. There are 324,850 buyers, 936,065 owners, and more than a million daily active users. The milestone is the latest piece …

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NFT Marketplace OpenSea Processed Nearly $100M in 2 Days

OpenSea, a popular marketplace for non-fungible tokens (NFTs), generated roughly $95 million in trading volume over the past weekend—nearly five times more than during the whole year of 2020. “In 2020, OpenSea did about $21M in total transaction volume. In the last two days, we did $95M. The growth curve for NFTs is insane,” tweeted …

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Thorchain’s RUNE Token Slides 15% Following Multi-Million Dollar Exploit

The price of RUNE, the native token of decentralized finance (DeFi) liquidity protocol Thorchain, dropped by about 15% today following yesterday’s attack which saw hackers drain 2,500 Ethereum (ETH) tokens (around $4.8 million at current prices) from the platform’s liquidity pools. At the time of writing, RUNE was trading at around $4.82, down 15.1% over …

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Is Seneca Lake Being Warmed By Bitcoin Mining? Not Quite.

Greenidge Generation has made millions of dollars mining somewhere between 3.8 to 4 Bitcoin per day at its Dresden, NY facility. Critics have argued the facility damages the local environment, and even undermines New York State’s climate goals. Last week brought further controversy for Greenidge, after NBC News reported on claims that Seneca Lake—which is …

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Ransomware Attackers Made Off With $33M in Bitcoin This Year

Hackers behind ransomware attacks have raked in about $33 million worth of Bitcoin since the start of the year, data by Ransomwhere shows. This amount can rise dramatically should Russian-speaking cybercrime syndicate REvil receive the $70 million it demanded from some 200 US companies hit by a massive ransomware attack earlier this month. A relatively …

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