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South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust
24.4.2024
South Korean police have arrested 49 people in a raid on a suspected crypto-powered drugs trading gang, officers announced on April 23.
The post South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust appeared first on Cryptonews
Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets
24.4.2024
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since...
Cosmos patches ‘critical’ IBC protocol bug, saving $126M
24.4.2024
IBC has always had the bug, but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said
SEC Delays Decision on Franklin Templeton’s Spot Ethereum ETF Application
24.4.2024
The fate of spot Ethereum ETFs hangs in the balance as the SEC announces a delay in its decision. This move reflects a cautious approach amidst growing interest and regulatory complexities surrounding crypto-based investment products. Dive deeper into the implications for the future of spot...
Solana DEX Aggregator Jupiter Acquires Ultimate Wallet for Mobile Expansion
24.4.2024
Ultimate Wallet and its mobile team have been acquired by Jupiter, Solana's leading decentralized exchange (DEX) aggregator.
The post Solana DEX Aggregator Jupiter Acquires Ultimate Wallet for Mobile Expansion appeared first on Cryptonews
Samsung Subsidiary Invests in DePIN Firm Roam
24.4.2024
The Samsung subsidiary Samsung Next, an affiliate of Samsung Electronics, has made an undisclosed investment in the DePIN player Roam.
The post Samsung Subsidiary Invests in DePIN Firm Roam appeared first on Cryptonews
Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation
23.4.2024
Two executives of the bitcoin mining rig maker Canaan intend to jointly purchase at least $2 million worth of company shares, claiming the company is "deeply undervalued," despite revenue decline.
The post Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation...
ZachXBT Exposes 12 Abandoned Solana Presale Meme Coin Projects Resulting in $26.7 Million in Losses
23.4.2024
ZachXBT uncovered that nearly 12 Solana presale meme coins have been "completely abandoned" within the past month, collectively raising 180,650 SOL, equivalent to approximately $26.7 million.
The post ZachXBT Exposes 12 Abandoned Solana Presale Meme Coin Projects Resulting in $26.7 Million...
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
23.4.2024
The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021
PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon Energy
23.4.2024
On April 22, PayPal announced a new initiative to support Bitcoin mining that uses less energy. The multinational payment company intends to use Bitcoin to compensate cryptocurrency miners that use renewable energy.
The post PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon...
Do Kwon And Terraform Labs Hit With $5.3 Billion Penalty From SEC in Terra-Luna Case
23.4.2024
Terraform Labs and its founder Do Kwon have been hit with a $5.3 billion from the SEC, April 19th court documents reveal. News of the latest legal filing from the SEC comes just weeks after they won a landmark civil trial against Kwon for the $40 billion crash of Terra-Luna.
The post Do Kwon...
Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development
23.4.2024
PRAGMA, a new initiative by the Cardano Foundation, partners with leading blockchain development firms to accelerate open-source adoption. Focused on projects like the Aiken smart contract platform and the Amaru full node, PRAGMA seeks...
Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer
23.4.2024
On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting systems, payment channels, and sophisticated Bitcoin...
Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’
23.4.2024
The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report provides several predictions for short and long-term...
Ian Rogers, CXO at Ledger, on Self-Custody, The Future of Hardware Wallets, and The Launch of Ledger Stax | Ep. 328
23.4.2024
Ian Rogers, Chief Experience Officer at Ledger, discusses his move from the world of Apple and Yahoo to that of crypto and Ledger, as well as the incoming Ledger Stax, adding that more secrets will be revealed soon.
The post Ian Rogers, CXO at Ledger, on Self-Custody, The Future of Hardware...
Ground-breaking Project in Finland Uses Bitcoin Mining to Heat Homes
23.4.2024
A new ground-breaking project in Finland is turning energy from Bitcoin mining into energy to heat homes.
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Etherisc incorporates Chainlink CCIP
23.4.2024
Etherisc has incorporated Chainlink CCIP and will utilize CCIP’s simplified token transfers for Etherisc’s conventional token, DIP, to have connectivity with Ethereum and the Base Layer2 network. The boost factor related to decentralized insurance is the potential for connecting with dependable...
SEC Sued by Crypto Industry Groups Over Definition of ‘Dealer’ in Securities
23.4.2024
The Blockchain Association and the Crypto Freedom Alliance of Texas (CFAT) have taken legal action against the United States Securities and Exchange Commission (SEC), filing a lawsuit in the Northern District of Texas.
The post SEC Sued by Crypto Industry Groups Over Definition...
Crypto Whales Bet 300K USDT On A Crazy Hand Of Poker At CoinPoker
23.4.2024
Celebrity poker player Antanas ‘Tony G’ Guoga won a pot worth just over $300,000 this weekend on the CoinPoker website, beating an anonymous whale in a high-stakes 1000/2000 game.
The post Crypto Whales Bet 300K USDT On A Crazy Hand Of Poker At CoinPoker appeared first on Cryptonews
Velvet Capital, Backed by Binance Labs, Temporarily Offline Due to Phishing Attack Risk
23.4.2024
Recognizing the potential threat, Velvet Capital swiftly initiated internal investigations and issued a cybersecurity alert advising investors to refrain from approving wallet connection requests until further notice.
The post Velvet Capital, Backed by Binance Labs, Temporarily Offline Due...