BlockPress

BlockPress

Crypto exchange BigONE loses $27M in third-party attack

BigONE, a cryptocurrency exchange, has publicly acknowledged a significant financial setback resulting from a security breach targeting its hot wallet system. The confirmed loss amounts to $27 million. This incident underscores the persistent vulnerabilities within the cryptocurrency ecosystem, highlighting the…

BitMine surges after-hours as Peter Thiel discloses 9% stake

Peter Thiel, the prominent billionaire entrepreneur and investor, has significantly increased his presence in the cryptocurrency mining sector. His investment firm has acquired a substantial 9.1% stake in BitMine, a publicly traded company specializing in cryptocurrency mining services. This strategic…

Trump cuts deal to end Republican revolt on crypto bills

Former President Donald Trump’s recent claim regarding a purported agreement with Republican lawmakers who opposed three crypto bills warrants closer examination. His assertion centers on these lawmakers’ purported desire for an explicit ban on Central Bank Digital Currencies (CBDCs) as…