Radiant Capital Exploiter Transfers $52 Million to Ethereum in Aftermath of DeFi Hack
Recently, the decentralized finance (DeFi) platform Radiant Capital suffered a significant breach, resulting in the theft of over $50 million. This event has added to the growing concerns about security…
Microsoft Shareholders to Consider Proposal on Bitcoin Investment Strategy
In an upcoming shareholder meeting on December 10, Microsoft shareholders will vote on a significant proposal regarding the potential addition of Bitcoin to the company’s balance sheet. This proposal, detailed…
SEC Retains Focus on Cryptocurrencies in 2025 Examination Priorities
The U.S. Securities and Exchange Commission (SEC) has reiterated its commitment to scrutinize the cryptocurrency sector by including it as a focal point in its 2025 examination priorities. This decision…
Binance Executive Released from Nigeria Following Dismissal of Legal Charges
Tigran Gambaryan, a senior executive at Binance specializing in financial crime compliance, has been released from detention and has left Nigeria. His release comes after an eight-month legal battle involving…
Tether Suggests Boron-Backed Digital Tokens to Turkish Government
Tether, the entity behind the world’s largest stablecoin by market capitalization, has recently approached the Turkish government with a proposal to innovate in the digital asset space by creating tokens…
Ethereum’s ‘Verge’ Upgrade to Enable Node Operations on Phones and Smartwatches
Ethereum is gearing up for a significant transformation with its upcoming “The Verge” upgrade, which aims to enhance the network’s security and accessibility. Vitalik Buterin, co-founder of Ethereum, has highlighted…
Navigating the Crypto Landscape: Japan’s Conservative Stance on ETFs and Regulation
Japan remains cautious about integrating cryptocurrency-based exchange-traded funds (ETFs) into its financial ecosystem, contrasting with the proactive stances of other global economies like the United States and Hong Kong. This…
Bitcoin Struggles to Break $67K Despite Rising Interest from Retail and Institutional Investors
Bitcoin’s price remains stubbornly below the $67,000 mark despite significant interest from both retail and institutional investors. As of October 23, 2024, Bitcoin is trading at $66,432, reflecting a slight…
Crypto Exchanges Should Bear the Brunt of Security, Not Users
At the recent Blockchain Life event held in Dubai, industry professionals deliberated on the distribution of security responsibilities within the cryptocurrency sector. Vugar Usi Zade, Chief Operating Officer at Bitget,…
Chainlink Partners with Swift to Bridge Blockchain Payments with Traditional Finance
Chainlink, a leading provider of decentralized oracles, is set to revolutionize financial transactions by introducing a new blockchain payment solution tailored for the financial sector. In a strategic collaboration with…
Allegations of North Korean Involvement Rock Cosmos Ecosystem
In an unsettling revelation, Jacob Gadikian, a developer within the Cosmos ecosystem, disclosed on X that North Korean programmers might have been involved in the development of Cosmos’ Liquid Staking…
Buenos Aires Implements Blockchain Technology for Digital Identity to 3.6 Million Residents
The city of Buenos Aires, capital of Argentina, is pioneering the integration of blockchain technology and zero-knowledge cryptography into its digital infrastructure. This strategic move aims to revolutionize how citizens…
Tesla Maintains Bitcoin Holdings Worth $780 Million Amid Wallet Transfers
Tesla, the renowned electric vehicle manufacturer, is likely to still possess its entire Bitcoin stash valued at approximately $780 million, despite recent transfers to several undisclosed wallets, as per insights…
UK Financial Conduct Authority Stands Firm on Stringent Crypto Regulations
The Financial Conduct Authority (FCA) of the United Kingdom has recently responded to criticisms regarding its stringent approach to cryptocurrency regulation. In a statement released on their website on October…
Google Ad Misdirect Leads to Crypto Wallet Drainer Linked to Sony’s Blockchain ‘Soneium’
A recent investigation by the blockchain security firm Scam Sniffer has unveiled a concerning threat to cryptocurrency holders: a Google-sponsored ad misdirecting to a malicious website designed to drain crypto…
Michael Saylor Faces Backlash for Endorsing ‘Too Big to Fail’ Banks Over Bitcoin Self-Custody
Michael Saylor, the executive chairman of MicroStrategy, has recently come under fire for his remarks suggesting that Bitcoin custodianship is better managed by “too big to fail” financial institutions rather…
Coinbase Submits FOIA Requests to Uncover Details of U.S. Regulators’ Crypto Policies
Coinbase, a leading cryptocurrency exchange, has escalated its efforts to obtain transparency from U.S. regulatory bodies concerning their treatment of digital assets. Paul Grewal, Coinbase’s Chief Legal Officer, announced on…
Northern Data Plans to Divest Peak Mining to Fuel AI and High-Performance Computing Growth
Northern Data Group, a major player in the technology sector, is considering the sale of its cryptocurrency mining division, Peak Mining, as part of a strategic pivot towards enhancing its…
Coinbase CEO Brian Armstrong Supports Republican Candidates for Senate
Brian Armstrong, the co-founder and CEO of Coinbase, has publicly endorsed several Republican candidates for the United States Senate in the upcoming November elections. Armstrong’s endorsements, shared via his X…
Chainlink Introduces Privacy-Enhanced Blockchain Solutions for Financial Institutions
Chainlink, a leading decentralized blockchain oracle network, has unveiled groundbreaking privacy-enhancing technologies designed specifically for financial institutions engaging in blockchain activities. Announced on October 22, these new features aim to…