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Losses due to crypto hacks fall 67%, Bitcoin DeFi interest rises: Finance Redefined
3.5.2024
The amount stolen through crypto hacks and the number of successful attacks sharply declined in April
SEC will classify Ether as security, deny spot Ether ETFs — Michael Saylor
3.5.2024
The MicroStrategy executive speculated that the SEC would consider Ether, BNB, Solana, XRP, and Cardano unregistered crypto asset securities
Saylor labels Ethereum a security, opposes Spot ETF
3.5.2024
At the MicroStrategy World 2024 conference, executive chairman Michael Saylor boldly declared a possible game-changer for the cryptocurrency world. He audaciously stated that Ethereum (ETH) would fall under the security category instead of the commodity classification, which may confuse the whole...
Volta Raises $4.1 Million in Seed Funding For Institutional Platform
3.5.2024
Volta secures $4.1 million in seed funding to develop a platform Volta Circuit aimed at improving security and control for institutional investors managing digital assets.
The post Volta Raises $4.1 Million in Seed Funding For Institutional Platform appeared first on Cryptonews
Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism
3.5.2024
Two US Senators have together warned that this “ongoing activity by the Iranian government threatens our national security.”
The post Sen. Warren Warns US Military Officials, Claims Iranian Crypto Mining Supports Terrorism appeared first on Cryptonews
US lawmakers warn of Iranian crypto miners threatening national security
2.5.2024
According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations
U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining
2.5.2024
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions
Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?
2.5.2024
Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin
Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi
2.5.2024
In April 2024, Web3 lost over $53 million through 21 incidents, a 46% decrease from the previous period.
The post Web3 Lost Over $53 Million to Hackers in April 2024, $401 Million YTD – Immunefi appeared first on Cryptonews
Hundred Finance hacker moves stolen assets a year after $7M exploit
2.5.2024
The hacker holds about $4.3 million in various crypto assets in their Ethereum wallet
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
Nigeria’s Patricia Exchange CEO debunks closure rumors
2.5.2024
Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved
Curve Finance Rewards Security Researcher $250,000 for Uncovering Critical Vulnerability
1.5.2024
Popular DeFi protocol Curve Finance has awarded a security researcher $250,000 for discovering a critical vulnerability that has historically enabled hackers to siphon off millions of dollars from cryptocurrency protocols.
The post Curve Finance Rewards Security Researcher $250,000 for Uncovering...
Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget
1.5.2024
Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget. Zhavoronkov stated that the network needs to experience sustained high fees to offset the security impact of the latest halving. After...
US Lawmaker Slams SEC’s Investigation of Ethereum — Says Chair Gensler Intentionally Misled Congress
1.5.2024
U.S. House Financial Services Committee Chairman Patrick McHenry has slammed both the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the SEC’s investigation into ethereum, suggesting that ether might be classified as a security. Additionally, the lawmaker...
U.S. House Financial Services Committee Chair Patrick McHenry Blasts Gary Gensler, SEC Over ETH Security Stance
1.5.2024
House Financial Service Committee Chair Patrick McHenry has taken to X to claim United States Securities and Exchange Commission (SEC) Chair Gary Gensler “knowingly misled Congress when pressed on the classification” of Ethereum (ETH) in testimony the U.S. regulator gave to the Financial Services...
Priest Allegedly Spent $40,000 On Candy Crush Using Church's Credit Card
30.4.2024
A Catholic priest in Pottstown, Pennsylvania allegedly used a church credit card to spend over $40,000 on “power-ups” in mobile games Mario Kart Tour and Candy Crush over a three-year span.Read more
Is The Next Shiba Inu A Sausage Dog AI Meme Coin Hybrid?
30.4.2024
Crypto’s new cybernetic canine sausage sensation, AI meme coin WienerAI ($WAI), has already attracted nearly $700,000 in its first fortnight, as investors stack up on Ethereum’s enigmatic new sausage dog. Combining two hot niches, AI and meme coins, the Wiener fever right now recalls another...
SEC’s Gary Gensler asserts Ethereum’s security status
30.4.2024
According to recent court filings, the chairman of the Securities and Exchange Commission, Gary Gensler, was under the opinion that Ethereum was security. This bit of news came into the limelight following the filing of a complaint by Consensys against the SEC. This was in retaliation to...
Hong Kong ETFs opens the ‘door’ to Chinese RMB holders, issuers say
30.4.2024
Fund issuers and industry experts hope Hong Kong’s new crypto ETFs will open the doors for mainland Chinese investment in the future