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ZKSpace Officially Upgrades to ZKBase, Launches ZKSwap for BRC20, and Implements 1:1 Exchange between ZKS and ZKB
29.12.2023
PRESS RELEASE. To empower the BTC and ETH ecosystems, the ZKSpace team has rebranded and upgraded to ZKBase. As an infrastructure protocol based on ZK (Zero Knowledge) proof technology, ZKBase is dedicated to providing scalability solutions for mainstream blockchains such as Ethereum and Bitcoin...
Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May
29.12.2023
Bitcoin miners' reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data from CryptoQuant shows
EVMs Evolve with Parallelized Technology, Offering Blockchain Scalability, Transaction Speed and Fee Efficiency
29.12.2023
Parallelized EVMs are redefining blockchain capabilities, enhancing transaction speed and efficiency across platforms. Image by İnci Özgür, DALL-E 3. Blockchain technology is witnessing a major shift—one that promises to reshape how we think about and interact with digital ledgers. We’re...
Bitcoin is a ‘Screaming Buy’ for 2024, VanEck Says + More News
29.12.2023
Source: AdobeStock / GoodPics Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin is a ‘Screaming Buy’ for 2024 – VanEck Hong Kong is Preparing OTC Exchange Regulations, Following Cases...
Indonesian Authorities Raid Ten Crypto Mining Facilities for Energy Theft
29.12.2023
Source: AdobeStock / Photocreo Bednarek Indonesian authorities crack down on ten Bitcoin (BTC) mining sites for stealing energy from the national grid to power mining operations in the country. According to reports from local media outlets, the government moved in on ten crypto mining sites whose...
China Tightens Grip on Cryptocurrency Trading, Targets Use of Tether in Foreign Exchange
29.12.2023
Source: AdobeStock / Wit Chinese authorities have issued a stern directive for an enhanced crackdown on the use of cryptocurrencies, emphasizing their role in illegal foreign exchange trading as part of ongoing efforts to mitigate financial risks. In a joint statement released on Wednesday,...
Defi Platform Levana Protocol Says $1.14 Million Was Lost During an ‘Oracle Attack’
29.12.2023
The decentralized finance platform Levana Protocol confirmed on Dec. 27 that unknown attackers had drained approximately $1.14 million from the liquidity pool. The Levana team however insisted that the issue has “been fixed and opening positions will relaunch next week.”...
PlayToEarn Blockchain Game Awards 2023: Celebrating Excellence in Web3 Gaming
29.12.2023
In our ongoing commitment to recognize excellence in the blockchain gaming industry, PlayToEarn is thrilled to present the third edition of the PlayToEarn Blockchain Game Awards. This year’s awards aim to acknowledge the top games, creators, and guilds that have made significant contributions...
Injective to host End of the Year Treasure Hunt with dApps
29.12.2023
Injective has announced the End of the Year Treasure Hunt, an event that seeks participants to venture across the ecosystem and find twelve hidden secret words. The Treasure Hunt event is currently taking place with support from related dApps, or decentralized applications, to give the top...
Binance Reports 30% Surge in Users, Facilitates 18% More Trades in 2023, Emphasizes Compliance Strengthening
29.12.2023
Source: AdobeStock / prima91 Binance, the world’s largest cryptocurrency trading platform, has reported substantial growth in its user base, experiencing a 30% increase in users in 2023 while emphasizing its compliance with various regulations. According to its recently released year-end...
Global Blockchain Show: Leading the blockchain industry wave
29.12.2023
Blockchain industry leaders, investors, and enthusiasts will converge in 2024 to celebrate the future of blockchain and technological innovation at the most anticipated blockchain events set to occur throughout 2024. Blockchain technology has inspired great interest across a wide range...
Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading
29.12.2023
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange's listing criteria
Blockchain Security Firm Says Pink Drainer Responsible for $4.4 Million LINK Exploit
29.12.2023
Source: AdobeStock / Tomasz Bidermann Cryptocurrency hacking group, Pink Drainer has been linked to the recent $4.4 million LINK user drain, increasing the number of their victims to 9,068 with a total of $18.7 million stolen. According to on-chain analytics firm Etherscan, another user has fallen...
FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin
29.12.2023
Source: Adobe / Александр Поташев FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims. In a filing made on December 27 in the United States Bankruptcy...
This Solana Alternative is poised to beat the Market Cap of SOL, hint Experts
29.12.2023
In the ever-evolving world of cryptocurrencies, competition among blockchain platforms is fierce. Solana (SOL), with its lightning-fast transactions and impressive scalability, has secured its spot among the top cryptocurrencies. However, there’s a new contender on the horizon that’s...
Vitalik Buterin Blames Rising Transaction Fees for Web3’s Drift from Decentralization
29.12.2023
Source: ShutterStock In a recent blog post titled “Make Ethereum Cypherpunk Again,” Ethereum co-founder Vitalik Buterin expressed concerns about the veering trajectory of Web3 from its original vision. Buterin contends that the foundational principles of Web3 have gradually receded...
Kyrgyzstan Raises $1m from Crypto Mining Taxes in 2023
29.12.2023
Source: chekart/Adobe Kyrgyzstan is quietly becoming a force in crypto mining, with its government set to raise over $1 million this year from taxing the industry. According to the media outlet 24KG, the nation’s finance ministry reported that it had raised $900,000 worth of tax revenue from crypto...
South Korean Police Shut Down ‘Gangsters’ $32m Crypto Scam Ring’
29.12.2023
Source: Robert/Adobe South Korean police say they have swooped on a $32 million chat app-based crypto scam ring that they say was being run by a network of “gangsters.” Per Chosun Ilbo, Busan Metropolitan Police, the group comprised nine groups of “violent gangsters” who operated bogus “crypto...
Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: ‘At Least Encode the Jpeg on the Blockchain’
28.12.2023
Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image format) of the NFT on the blockchain, like inscriptions...
Privacy Advocate Exposes Ledger Live’s Tracking of User Data and Network Activity
28.12.2023
Source: Pixabay A privacy advocate has alleged that the Ledger Live wallet software monitors its users and gathers information about them. In an X post published on Wednesday, privacy advocate and app developer REKTBuilder reported that Ledger Live conducts a “genuine device check” whenever users...