Tether ‘s Centralized Power Helped to Refund $1 Million in USDT
$1 Million worth of stablecoins mistakenly sent to the wrong address, recovered with the help of Tether. Due to the centralized nature of the USDT platform, the recovery was possible. Many crypto enthusiasts criticized the centralized design of the Tether cryptocurrency. With the recovery of…
Paris Hilton ‘s digital cat painting sold for $17,000 (40 ETH)
A digital painting of Paris Hilton’s cat sold in an auction for $17,000 with the help of blockchain and non-fungible tokens (NFTs.) The painting now hangs on the same digital wall where most digital masterpieces of like the artists of Roger Ver, Vlad Zamfir hang….
Ethereum crossed $400 mark yet again, 10% up in 24 hours
Ethereum (ETH) price grew more than 9% during the last 24 hours, pushing the price passing $400 today. The price hit $429 at the press time, and the last time price achieved $400 was last week on the 6th of August. It reached a high…
Travel Management Company CWT to Pay $4.5 M in Bitcoin as a ransom to hackers.
World-famous Travel firm CWT (formerly Carlson Wagonlit Travel) based in the US paid $4.5 million worth of Bitcoins to hackers as a ransom. Ransomware hackers demanded $10 million worth of Bitcoins to restore the firm’s systems and delete the stolen sensitive data. Hackers mentioned that it is…
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