Day: August 29, 2024

August Crypto Losses: Immunefi Report Highlights Security Wins

The cryptocurrency sector witnessed a substantial decrease in losses from hacks and fraud in August, with total losses amounting to just $15,082,000 across five incidents, according to a recent report from security platform Immunefi. This figure represents the lowest monthly total for the year and a dramatic 94.5% decrease from July’s figures. Details of the […]

Vortex Brands investment strategy: Acquires MicroStrategy Stock

Vortex Brands, a prominent Bitcoin mining company, has announced a strategic shift in its investment approach by beginning to acquire shares in MicroStrategy. This move is designed to leverage MicroStrategy’s Bitcoin-focused business model and align with Vortex Brands’ optimistic view on Bitcoin and digital assets. Strategic Acquisition On August 28, Vortex Brands revealed that it […]

Haru Invest CEO Stabbed During Fraud Trial in South Korea

In a shocking incident on Wednesday in South Korea, Hugo Hyungsoo Lee, the CEO of cryptocurrency firm Haru Invest, was stabbed multiple times during his trial for alleged fraud involving more than $800 million. The trial has drawn significant attention both for the high-profile nature of the crime and the substantial sums involved. The Attack […]

What’s new with Berachain? Consumer Crypto Ecosystem

Berachain is pioneering a transformative approach in the blockchain space by developing an expansive ecosystem focused on DeFi and consumer-centric projects. This platform distinguishes itself by emphasizing shared incentives and alignment among users, applications, and validators through its core messaging around the Principle of Least Authority (PoL). This strategy positions Berachain as a leader in […]