Author: Thecryptonews1

Blockchain investigator PeckShield reported around $4.8 million in crypto transferred from ZB.com amid the exchange announcing the suspension of withdrawals.In a Wednesday tweet, PeckShield speculated that hackers could be responsible for moving 21 types of tokens off the exchange starting August 1, including Tether (USDT), Shiba Inu (SHIB) and Tesra (TSR). According to the blockchain investigator, the funds totaled approximately $4.8 million at press time.The total funds transferred from @ZBexchange are ~$4.8M and here is the detailed token breakdown: https://t.co/uMpkvxtOAo pic.twitter.com/xo373Zyge1— PeckShield Inc. (@peckshield) August 3, 2022 The alleged hack followed ZB.com announcing the suspension of deposits and withdrawals on…

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Costa Mesa, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) — Bitech Technologies Corporation [OTCQB: BTTC] (the “Company”), a global technology solutions provider dedicated to delivering a suite of green energy solutions focused on cryptocurrency mining, data centers and other renewable energy initiatives , today announces developments reshaping its business strategy for accelerated growth in the green energy market . Industry background According to Precedence Research, the global renewable energy market size is expected to reach approximately $1.998 billion by 2030 and grow at a CAGR of 8.6% from 2022 to 2030. Increasing government and corporate investment in The adoption and deployment…

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What happened  Shares of Coinbase Global (COIN 19.66%) jumped on Wednesday after the Senate Agriculture committee put forward a bipartisan bill that would identify and classify “digital commodities” that would be overseen by the Commodities Futures Trading Commission (CFTC). After Coinbase was caught up in the Securities and Exchange Commission’s (SEC) enforcement of cryptocurrencies, this was welcome news to the company and investors.  Coinbase stock jumped as much as 22.3% in trading on Wednesday after the bill was reported. Silvergate Capital (SI 1.33%) jumped 6.7% as well and could benefit from clearer regulation while Bitcoin miner Hut 8 Mining (HUT…

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July 31, 2022 1:32 PM UTC | Updated: July 31, 2022 at 13:32 UTC By&nbspclark The Hong Kong University of Science and Technology has proclaimed its intention to create an online metaverse field called Metahkust. The establishment can orient its openness towards this objective by building a mixed video games room which will allow students from different latitudes to attend categories as if they were in the same house. The virtual hall can accommodate the launch of the new campus in Guangzhou. Hong Kong University of Science and Technology bets on the metaverse Institutions are finding many functions and applications…

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The European Securities and Markets Authority (ESMA) is preparing to introduce stricter oversight when it comes to crypto-related transactions. The agency is now looking to hire trade data providers, as monitoring major market players falls under its responsibilities. ESMA launches public marketplace for crypto trading data providers The securities watchdog of the European Union, ESMA, is preparing to strengthen the control of transactions involving cryptocurrencies, a public tender has indicated. On Tuesday, the authority launched a procurement procedure for commercial data providers on crypto transactions, including spot transactions and derivatives, Reuters reported. This decision comes after the European institutions agreed…

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JThe crypto space is poised for Ethereum’s upcoming transition from PoW to PoS and, in due course, the prices of some altcoins are expected to change significantly. There is no doubt that the price of ETH is set to skyrocket with the merger, but with ETH, two other altcoins look more promising. Altcoins like Ethereum Classic (ETC) and Polygon (MATIC) are expected to start their upward trajectory just before the event. Ethereum (ETH) Ethereum price after the recent interest rate hike announcement had taken a huge bullish momentum as it surged above $1750. However, the bears quickly stepped in and…

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The Crypto Fear and Greed Index shows that while investors are still cautious, market sentiment is nevertheless recovering sustainably. Crypto Fear and Greed Index Rises, But Remains in “Fear” Territory According to the latest weekly report from Arcane ResearchMarket sentiment hit the best sentiment since April of this year on Saturday. There “fear and greed indexis an indicator that measures general investor sentiment in the crypto market. The metric uses a numerical scale ranging from zero to one hundred to represent this sentiment. All values ​​above 50 signify a greedy market, while those below the mark suggest fearful investors. Values…

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By FATIMA HUSSEIN and KEN SWEET – Associated Press WASHINGTON (AP) — After 13 years, at least three crashes, dozens of scams and Ponzi schemes, and hundreds of billions of dollars made and evaporated, cryptocurrencies are finally getting the full attention of Congress, whose lawmakers and lobbyists have lined Capitol Hill with proposals on how to regulate the industry.The latest bipartisan proposal came Wednesday from Sen. Debbie Stabenow, D-Michigan, and top Republican member, Sen. John Boozman of Arkansas, that would hand over regulatory authority for Bitcoin and Ether to the Commodities Futures Trading Commission. That would be in contrast to…

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Nearly $5 million has been drained from digital asset exchange ZB.com’s hot wallet in a likely hack. Security firm PeckShield made the announcement Wednesday on Twitter, posting data showing that $4.8 million in over 20 cryptocurrencies, including SHIB, USDT, and MATIC, had been transferred out of the exchange on Tuesday. The tokens were then sold on a number of decentralized exchanges for Ethereum, according to PeckShield. ZB.com, at the time of this writing, had not confirmed whether it had been hacked. The company also didn’t immediately respond to Decrypt’s request for comment.  But the platform, which deals with over $1…

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Leading cryptocurrency exchange Coinbase has announcement the launch of the Ether (ETH) staking service for institutional investors in the United States. This comes as the Ethereum network nears its long-awaited Proof-of-Stake (PoS) network transition. Post-launch, US institutional investors can now invest ETH with Coinbase Prime accounts and participate in post-PoS return sharing, expected before the end of the year. Coinbase Prime gives investors access to several services The new Coinbase Prime account allows institutional investors to access different services such as advanced trading, staking, and offline storage. The new account allows customers to stake their ETH on Coinbase with ETH2…

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