Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Just lost $250 worth of ETH?

I wanted to invest in some NFTs on opensea and I went to bridge to polygon on my opensea wallet. It was a gas fee of $116 and I was supposed to receive $150 but now all my account is showing is like $25 worth of eth. Kind of freaking out right now and none…
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Deploying an NFT contract to Polygon & then bridging the minted NFTs to L1

Please correct me if I make any incorrect statements. You can deploy an NFT contract to Polygon You can mint NFTs from this contract on Polygon You can bridge NFTs from Polygon to L1. Is it necessary to also bridge the contract to L1 before the NFTs can be bridged? What happens if you don't…
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Paper Wallet Hacked?

So today I’d my nephews baptism and I wanted to come up with a way to gift him ethereum for when he gets older. I created a paper wallet on paperwalletcrypto.com and sent 0.1 eth to the public address (0xcA9A475de7129cF093d27a82E60f9C73c15BfF1A). I did not share the public address with anybody. A few hours later while explaining…
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SHIB Listed on ChangeHero for Accountless and Limitless Exchange

PRESS RELEASE. ChangeHero instant cryptocurrency exchange listed SHIB on its platform. Customers can exchange SHIB against over 80 cryptocurrencies without an account. Now crypto enthusiasts can easily exchange or buy SHIB not only with Ethereum based tokens but also with cryptocurrencies of different blockchains. To celebrate the listing, ChangeHero announced a zero fees exchange offer […]

Got laughed at when I suggested using crypto to move money between countries

So my parents have two appartments that they want to sell in my home country and naturally they want to transfer the money to our current country. Our home country has a different currency than Euro and they were talking about how you need to have an account in Euro in the first country or…
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Looking for a way to combine coins/tokens in my wallet to sell/swap.

With fees being so dang high, I've been thinking, for some time now, if theres a way to combine certain coins/tokens to be sold/swapped out, for say ETH or another. I'm by no means a big time investor, so trying to squeeze what I can out of what investments I've made is not possible the…
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How much of the ethereum ecosystem is mining?

Just curious here. Does anybody know or have a good estimate of what percentage of ethereum transactions are due to miner and mining related transactions? submitted by /u/superawesomefiles [link] [comments]

Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs

A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust. Partnerships Between Banks and Fintechs The report urges financial institutions that wish to accelerate their advance to success in the fintech […]

Bitcoin ATM Stolen During Raid In Barcelona

Crypto-related crimes have been on the rise in Spain in recent times. The most recent incident is the case of a stolen Bitcoin ATM in Barcelona. Related Reading | Data Shows Crypto Hacks And Fraud In 2021 Are On Track For A New Record Bitcoin ATMs are kiosks that allow a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card. According to this website, Spain has the highest number of crypto ATMs in Europe. With 185 ATMs, it is also the fourth highest in the world. Bitcoin ATM Theft Local news reported on Friday that the Spanish police are investigating the theft of a Bitcoin ATM. The thieves stole the machine in a raid on a cryptocurrency exchange outlet in a wealthy Barcelona neighborhood. The police force of Catalonia, Mossos d’Esquadra, said that the ATM theft happened around 3 a.m. They however did not provide any further information on the case to avoid hindering the investigation. According to the news agency, police sources said thieves took the ATM from a shop on Beethoven street in the Sarria area. The area houses a branch of Grayscale Bitcoin Trust (GBTC). GBTC reportedly declined to comment, and the police also refused to confirm the exact location of the robbery. BTC trading at $64.16K | Source: BTCUSD on TradingView.com An unverified video that surfaced showed an SUV crashing into the GBTC storefront. Afterward, some hooded people from another car made away with the ATM. This incident is just the most recent of the bitcoin-related crimes in Spain. A few days ago, a Spanish techpreneur reported that he had been robbed. Zaryn Dentzel, the victim, is the co-founder of Tuenti, a Spanish social network-turned communications firm owned by Telefónica telecommunications company. He claimed that four or five hooded people robbed him of millions of Euros worth of crypto from his house in Madrid. They blindfolded him, covered his home’s security cameras, and beat him up. He was then forced to give up the password to an online account containing his cryptocurrencies which held tens of millions of euros in Bitcoin. However, the thieves were unsuccessful in stealing any of his cryptos. Crypto Crime On The Rise Crypto attacks are hardly rare. They occur more frequently than most people think, mostly through hacks, phishing scams, ransom attacks, and fake advertisements. A couple of the most popular attacks this year are the $600 million Poly Network attack and the Colonial Pipeline ransomware attack. Related Reading | Over $5 Billion In BTC Paid In Top 10 Ransomware Variants, Says U.S. Treasury According to the U.S. Treasury Department, the total value of suspected ransomware payments during the first half of 2021 was $590 million. Also, roughly $5.2 billion in outgoing BTC payments were tied to the top 10 ransomware variants over the past three years. Many Bitcoin crimes have also been recorded in the U.K., Hong Kong, Australia, and New Zealand, to name a few. Featured image by Coin ATM Finder, Chart from TradingView.com