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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
November saw $343 million lost to crypto hacks and fraud cases: Immunefi
November saw $343 million lost to crypto hacks and fraud cases: Immunefi

Quick Take November has witnessed the highest monthly crypto losses of the year, totaling over $343 million due to hacks and fraud cases, according to Immunefi data. Centralized finance (CeFi) platforms were the primary targets, accounting for over 53% of the total losses, some $184 million.

The Block·2023/11/30 16:03
Web3 startup Bastion names former a16z and Kraken Chief of Staff Caroline Friedman as COO
Web3 startup Bastion names former a16z and Kraken Chief of Staff Caroline Friedman as COO

Quick Take Bastion, a web3 startup that streamlines how businesses onboard web3 users, named Caroline Friedman as Chief Operating Officer. Friedman formerly served as Chief of Staff to Kraken and a16z, as well as an Assistant United States Attorney in Major Crimes at the United States Attorneys’ Offices.

The Block·2023/11/30 16:03
AntPool agrees to refund record $3 million Bitcoin transaction fee
AntPool agrees to refund record $3 million Bitcoin transaction fee

Quick Take Bitcoin mining pool AntPool, which mined the record-breaking $3 million transaction fee paid last week, has agreed to refund it. AntPool said its risk control system froze the mining fee and has asked the owner to reach out before December 10 to verify their ownership.

The Block·2023/11/30 13:12
Bitcoin capital inflow may rise with expected Fed rate pause in December
Bitcoin capital inflow may rise with expected Fed rate pause in December

Bitcoin could see an increase in capital inflow if the Federal Reserve decides to pause interest rates at its December meeting, according to analysts.

The Block·2023/11/30 13:27
Anthony Scaramucci explains Wall Street's "secret reality" that makes a spot bitcoin ETF bullish
Anthony Scaramucci explains Wall Street's "secret reality" that makes a spot bitcoin ETF bullish

Quick Take Anthony Scaramucci explains how the approval of a spot bitcoin ETF in the U.S. could lead to hundreds of billions of dollars flowing into bitcoin.

The Block·2023/11/30 07:36