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Attacker hijacks Tornado Cash governance via malicious proposal
21.5.2023
The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
20.5.2023
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this...
Bank of Russia Expects Significant Growth in Digital Assets Market
20.5.2023
The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank...
Ripple Adds Nielsen CFO to Its Board of Directors
20.5.2023
Ripple is bringing on the chief financial officer of market researcher Nielsen to its board of directors, the crypto firm announced on Friday.
Warren Jenson was added to the board and was also appointed as Ripple’s chair of the audit committee, overseeing the auditing process of Ripple’s...
South Korean Justice Ministry Hits Out at Claims it ‘Refused to Say’ if Minister Owns Crypto
20.5.2023
South Korea’s Justice Ministry has hit out at claims that Minister Han Dong-hoon “refused to disclose information” about whether or not he owns crypto.
Per the media outlet Newsis, the ministry claimed that “the cryptoasset holding status of public officials who work with cryptoasset [regulation]”...
Blockchain technology platform Bakkt looks toward Europe after MiCA
20.5.2023
Bakkt’s chief product officer, Dan O’Prey, expressed his optimism about the future of Bitcoin and the company’s outlook on regulated markets when he chatted with Cointelegraph at Bitcoin 2023
Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street
19.5.2023
The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants.
According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...
US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC
19.5.2023
US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.
Republican Rep. French Hill of Arkansas and Democratic Rep. Jake Auchincloss of Massachusetts introduced the bill this week, dubbed the Power of...
Texas Lawmakers Pass Proof-of-Reserves Cryptocurrency Bill
19.5.2023
The Texas legislature passed a bill this week requiring cryptocurrency exchanges to provide a “proof of reserves,” the latest move by the lone star state.
HB-1666, co-sponsored by state Republicans Rep. Giovanni Capriglione and Sen. Tan Parker, applies to digital asset service providers that...
Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'
19.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise...
Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
19.5.2023
On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...
Michael Sanders, Co-Founder of Horizon Blockchain Games, on Web3 gaming, Blockchain, and Ayahuasca | Ep. 231
19.5.2023
In an exclusive interview with cryptonews.com, Michael Sanders, Co-Founder & Storyteller of Horizon Blockchain Games, talks about the benefits of blockchain technology for gaming, the potential for web3 to shape the future of the gaming industry, and the challenges and opportunities of developing...
Bankrupt FTX Sues to Retrieve Over $240 Million from Trading Platform Embed
19.5.2023
The bankrupt crypto exchange FTX is taking legal action in an attempt to retrieve more than $240 million it paid for the stock trading platform Embed.
Embed was acquired by FTX’s American branch FTX.US in mid-2022, but representatives for FTX’s bankruptcy estate now say former company executives...
Bitcoin2023 Suffers from Low Turnout Amidst High Ticket Prices and Crypto Downturn
19.5.2023
"The world's biggest Bitcoin conference" seems to have shrunk – attendance-wise, that is.
According to the FAQ and the official social media sites, Bitcoin 2023 is the biggest Bitcoin conference in the whole world, but despite the variety of speakers, panels, and events announced, there...
Web3 zombie apocalypse is here: Last Remains joins Cointelegraph Accelerator
19.5.2023
Backed by industry heavyweights; this new blockchain game aims to get a foothold in the competitive arena
Hardware Wallet Rivals Offer Discounts in Wake of Ledger New Product Controversy
19.5.2023
In response to the latest controversy related to hardware wallet specialist Ledger and its new service, competitors are taking advantage of the worries expressed by some users. Among others, hardware producer Trezor hopes to capitalize on Ledger’s trouble by offering a discount to buyers.
“Open...
Litecoin Is Undervalued, Onchain Indicator Suggests
19.5.2023
Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score
Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX
19.5.2023
Users will be able to interact with the MultiversX network through its native tokens, NFTs and decentralized applications, all within the Opera browser interface
Australian stock exchange officially abandons blockchain plans: Report
19.5.2023
ASX abandons blockchain rebuild to explore conventional options to achieve the desired business outcomes as it sends RFP to potential software vendors
Top Argentine Lawyers Hit Out at Crypto ‘Ban’ – Will Government Respond?
19.5.2023
Top Argentinian lawyers have criticized the government’s partial “ban” on crypto trading.
Buenos Aires has moved to block firms from letting their customers conduct transactions with cryptoassets.
This month, the Central Bank of Argentina stated that domestic platforms must not “facilitate”...