Hamster Kombat is said to have sparked a spike in sales of electric massage equipment in Russia as players look for innovative ways to circumvent the game’s mind-numbing currency mining procedure. According to the Russian news outlet Vedomosti, the e-commerce site Wildberries reported that sales of these devices nearly tripled in June, with a 179%
Nate Geraci, president of ETF Store, predicts the imminent approval of the spot Ethereum (ETH) exchange-traded fund (ETF). Analysts and industry leaders, including Matt Hougan from Bitwise Asset Management, have echoed Geraci’s optimism. They believe the approval could drive substantial interest and investment in Ethereum, potentially reshaping the market and broader crypto industry. Industry Experts
A ransomware group tied to a June cyberattack on CDK Global received over $25 million in Bitcoin, as reported by on-chain investigator ZachXBT. Last month, CDK Global faced an attack that disrupted its software, affecting around 15,000 US car dealerships. CDK Paid 387 BTC to End Cyberattack According to ZachXBT, an address linked to BlackSuit
Toncoin’s (TON) price is looking at gains again as the positive cues make a comeback, particularly that of the investors. The increasing confidence among TON holders is a sign that the altcoin could chart a new ATH this month. Toncoin Investors Are Bullish Toncoin’s price fell from its all-time high of $8.28, resulting in a drop
A former executive at Charles Schwab has joined bitcoin financial services firm Onramp as president of its managed wealth division. Rich Kerr spent the past 31 years at the traditional finance giant, he told Blockworks. He was most recently Charles Schwab’s managing director of income and wealth solutions, according to his LinkedIn profile. He also
A little under a hundred million dollars was raised by the funding rounds mentioned in this week’s roundup. The biggest round came from blockchain payment network Partior, which raised $60 million in a Series B. The blockchain payment network’s round was led by Peak XV Partners and also saw contributions from Jump Trading Group and
This week, crypto descended on Brussels for EthCC. Given that Ethereum popularized smart contracts and was the home of NFTs during the space’s 2021 craze, it seems like consumer applications could have been prominently featured at the yearly Ethereum gathering. But some attendees felt that apps were too muted at the conference — and that
They say a hallmark of a mania is the rapid rise in the rate of fraud. The exact same can be said of crypto adoption. In fact, fraud is inevitable. Normie media is ablaze with the latest in crypto-tinged true crime. An online pastor in Colorado dumped a worthless token on his flock, screwing them
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter . Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: The Senate questioned four Biden nominees
Tether has reportedly frozen a Tron (TRX) wallet containing more than 28 million USDT tokens suspected to be proceeds of criminal activities, including money laundering and fraud. An account dedicated to the real-time observation of Tron and Ethereum (ETH) stablecoins, USDT/USDC Ban List, reported on July 13 that an address, identified as TNVaKW, had been