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Insider at Solana's Cypher Protocol Admits to Stealing $300K
14.5.2024
Core contributor Hoak blamed his actions on a "crippling gambling addiction."
Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews
14.5.2024
After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative
Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFs
14.5.2024
Wisconsin's leading pension fund bought shares in both BlackRock and Grayscale's Bitcoin ETFs.
The post Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFs appeared first on Cryptonews
Coinbase’s Legal Officer Rallying Binance, Ripple, Uniswap Against SEC’s ‘Gaslighting’
14.5.2024
Regarding the Debt Box issue, Coinbase Chief Legal Officer Paul Grewal criticised the US Securities and Exchange Commission (SEC) on May 14. Given the significant ramifications for the industry, he also urged other cryptocurrency exchanges to question the SEC's earlier moves.
The post...
Can Bitcoin transform the future of work in the digital Gig economy?
14.5.2024
Bitcoin was the first ever digital currency to accomplish value transfers, excluding the intervention of central authority, which otherwise incurred doubled expenses. Bitcoin’s most coveted blockchain technology, which underlies the transaction mechanisms, makes this a possible phenomenon. Such...
Tether Takes Action: $5.2M in USDT Frozen Due to Phishing Links
14.5.2024
Tether is still keeping an eye out for illegal activity taking place on its blockchain. Tether detected and blocked USDT worth $5.2 million on May 14 as part of its efforts to impose stringent network controls and stop money laundering.
The post Tether Takes Action: $5.2M in USDT Frozen Due...
BlockDAG promises the next big win: Office worker strikes gold with Solana, now aiming for a 30,000x ROI with BDAG
14.5.2024
Success stories like that of an office worker who turned a desperate investment in Solana into over $20,000 are truly inspiring. BlockDAG, a newcomer in the blockchain arena, aims to offer similar opportunities. Highlighting a remarkable potential for a 30,000x return on investment, this...
Roaring Kitty Return Continues to Fuel Meme Stock and Crypto Frenzy: GME, AMC, and Meme Coins Soar
14.5.2024
On Tuesday, shares of Gamestock and AMC Entertainment Holdings continued to soar, fueled by retail investors following the reappearance of Keith Gill’s online persona, ‘Roaring Kitty.’ This upward momentum also spilled over into the cryptocurrency market, with meme coins like roaring kitty...
Polygon exec: Tokenized funds set to disrupt stable coin market
14.5.2024
With the proliferation of Blockchain technology among major financial institutions around the globe, token financial products may mark the return of the vintage financial scene. This trend may disrupt and pose a challenge to the long-standing dominance of stablecoins in this domain. According...
Spencer Farrar, Partner at Theory Ventures, on Web3 Venture Capital, Funding, and Strategy | Ep. 334
14.5.2024
Spencer Farrar, a Partner at Theory Ventures, discusses the recent difficulty of raising capital, how the Theory team managed it, the necessity for projects to have an edge that makes them unique and attractive to investors, the importance of thorough research and understanding the market, and...
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers
Lido and Aave generate more fees than Ethereum and Bitcoin
14.5.2024
The decentralized finance platforms generated more fees than the top blockchain ecosystems, including Bitcoin, Solana, and Ethereum. Lido and Aave accrued $2.34 million and $1.85 million, respectively, during the specific period. Ethereum, Solana, and Bitcoin secured $1.84 million, $1.17 million...
'Liquid Vesting' Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
14.5.2024
A new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called "liquid vesting," lets users sell their tokens before their vesting period is over
Kaspa network launches Rusty Kaspa Node in open beta
14.5.2024
Kaspa network brings the initial stable Rusty Kaspa (RK) node to the table, via which they will be moving towards an enhanced and maximized engine. Presently, being a segment of open beta, RK nodes consist of one-fourth of the P2P network and 29% related to hashrate mined via them. Transitioning...
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
14.5.2024
The U.S. state of Wisconsin purchased 94,562 shares of the BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million
‘FAIRY TAIL’ digital collectibles coming to Quidd on May 24
14.5.2024
Fans of the beloved manga and anime series “FAIRY TAIL” have reason to celebrate as Animoca Brands Japan, a leading digital entertainment company, and Quidd, a digital collectibles platform, have announced their collaboration to release digital collectibles featuring characters from...
Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering
14.5.2024
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons...
Ethereum trades sideways as institutional whales pile into Coinbase
14.5.2024
On Monday, Ethereum (ETH) continued to trade within a narrow range while the market was still calm. However, institutional investors also referred to as “whales,” continued to exhibit significant volume activity by purchasing large amounts of Ethereum for Coinbase. After a week,...
Aptos revolutionizes Blockchain with sub-second latency
14.5.2024
Aptos is becoming an absolute game changer regarding blockchain, especially regarding the introduction of its sub-second E2E latency. Acceleration is the key to digital transactions. It is required in every scenario, such as swapping assets on a decentralized exchange (DEX) or playing an exciting...
Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket
14.5.2024
The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million