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Poloniex Hacker Transfers Massive $32 Million Bitcoin Stash


On April 30, well-known blockchain investigator PeckShieldAlert revealed that 501 BTC, about $32 Million were transferred to three new wallet addresses from an address connected to the infamous Poloniex hacker. The post Poloniex Hacker Transfers Massive $32 Million Bitcoin Stash appeared first...

World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs


The World Economic Forum recently released a report investigating wholesale central bank digital currencies (wCBDCs). The document explored the potential of wCBDCs to alleviate significant industry challenges and address key pain points. The post World Economic Forum Study Reveals 98% of Central...

Solana Developers Deploy Fixes to Mainnet to Address Network Congestion


Solana developers have successfully pushed a series of fixes to address network congestion issues. On April 15, Solana urged validators to update to v1.17.31, a version that changes how certain validators are treated depending on their stake. Further fixes will be shipped in the coming weeks...

Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC


Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts...

Solana Releases Update to Address Network Congestion Issues


Solana developers on Monday announced a mainnet beta update, version 1.17.31, aimed at addressing the network’s recent congestion problems. The post Solana Releases Update to Address Network Congestion Issues appeared first on Cryptonews

Tether Amplifies Bitcoin Holdings With Strategic 8,888.88 BTC Addition


Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by volume. Tether’s Latest Acquisition Puts...

Vitalik Buterin Announces Further Development of Ethereum ‘Purge’


In simpler terms, "The Purge" is a project to slim down Ethereum and address accumulated technical issues. Buterin's announcement suggests there's more to come beyond the initial steps. The post Vitalik Buterin Announces Further Development of Ethereum ‘Purge’ appeared first...

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