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The Munchables Hack Is Way Worse Than It Seems
27.3.2024
Apparently orchestrated from North Korea, the $63 million hack adds grist to the argument that crypto exploits pose a plausible national security risk
Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live
27.3.2024
The rally in the MNT token pushed the market cap of the blockchain to over $4 billion
Vitalik Buterin Suggests New Way To Decentralize Ethereum Staking
27.3.2024
Ethereum staking should include stronger economic penalties against large validators, Vitalik Buterin writes.
The post Vitalik Buterin Suggests New Way To Decentralize Ethereum Staking appeared first on Cryptonews
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
27.3.2024
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion
27.3.2024
Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.
The post Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion appeared first...
Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals
27.3.2024
After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice (DOJ) accused Kucoin and its founders of breaching...
Is It Too Late to Buy DogWifHat? WIF Price Blasts Up 42% as Solana’s Latest ICO Quickly Gathers $500,000
27.3.2024
Popular meme coin DogWifHat (WIF) has shot up 42% in the last seven days as it leads the charge in a market-wide rally that has added double digit percentages to leading meme coins. Broadly speaking, the whole market is up nicely from this time last week. The world’s favorite...
US lawmakers seek SEC explanation regarding crypto platform
27.3.2024
Lawmakers have requested Chair Gensler to elucidate the SEC’s position in an SPBD’s skill to custody non-securities. American lawmakers, under the leadership of Patrick McHenry, sent a clarification letter to Gary Gensler, Chair, SEC. The lawmakers requested clarification about...
Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT
27.3.2024
Web 3 game platform Munchables on Ethereum's Layer 2 Blast network faces a $62.5 million ETH exploit, with ZachXBT tracking down the hefty loss.
The post Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT appeared first on Cryptonews
House Republicans Demand SEC Clarify Its Position Regarding Prometheum
27.3.2024
House Republicans have written a letter to the U.S. Securities and Exchange Commission (SEC) urging for clarity regarding Prometheum and whether Ethereum is considered a security.
The post House Republicans Demand SEC Clarify Its Position Regarding Prometheum appeared first on Cryptonews
Nansen Reports $200 Million Exodus From Kucoin After DOJ Action
26.3.2024
Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible...
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
26.3.2024
As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange Commission (SEC) explain what it means to do about this...
AI Bot 'Syntax' From Spectral Labs Could Help Non-Coders Write Ethereum Apps
26.3.2024
For the tech to gain steam, Spectral may need to convince users that AI can be trusted with their digital assets
Ethereum Price Prediction as ETH Spikes Up 6% – New Rally Starting?
26.3.2024
ETH has jumped by 6% today, with the Ethereum price rising to $3,659 as the cryptocurrency market gains by 5.5% in 24 hours.
The post Ethereum Price Prediction as ETH Spikes Up 6% – New Rally Starting? appeared first on Cryptonews
What Happens if the SEC Brands ETH a Security?
26.3.2024
The status of Ethereum is in limbo – currently Eth is not considered a security by the U.S. Securities and Exchange Commission (SEC) -- but this could all change very quickly.
The post What Happens if the SEC Brands ETH a Security? appeared first on Cryptonews
Is It Too Late to Buy Internet Computer? ICP Price Up 20%, Bitcoin Rival Secures $8.8M Funding
25.3.2024
The price of Internet Computer (ICP) has shot up 20% in the last 24 hours as the token underpinning the blockchain-based computing ecosystem far outpaces market leaders Bitcoin and Ethereum today. Crypto prices are broadly rallying across the spectrum right now. Market leader Bitcoin (BTC) grew...
Ethereum Technical Analysis: ETH Caught in a Tug of War Between Bulls and Bears
25.3.2024
Ethereum presents a mixed bag of signals as of March 25, 2024. Amid fluctuating trading volumes and a contested market direction, ether’s price settled at $3,487 after experiencing an intraday range of $3,335 to $3,503. With a market capitalization of $415 billion and a 24-hour trading...
Unlocking Crypto History: 2,000 ETH From Ethereum’s Genesis Days Suddenly Moved
24.3.2024
In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted...
TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins
24.3.2024
Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously...
Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets
24.3.2024
Emin Gün Sirer, the co-founder of Avalanche blockchain, has sounded the alarm on deceptive trends infiltrating certain layer-2 (L2) solutions, posing risks to investors.
The post Warning from Emin Gün Sirer: Deceptive Trends Threaten Integrity of Crypto Markets appeared first on Cryptonews