Etherscan data revealed that $4.46 million worth of Tether (USDT) was siphoned from an unsuspecting Kraken wallet user. The stolen funds were subsequently transferred to an address concluding with “ACa7.”
Read more: https://tinyurl.com/ybarv8rr
Read more: https://tinyurl.com/ybarv8rr
According to Arkham Intelligence, Coinbase holds approximately 36 million wallets. The largest identified cold wallet alone holds an astonishing 10,000 Bitcoin, with a value of around $265 million.
"This makes Coinbase the largest Bitcoin entity in the world on Arkham, with almost 5% of all BTC in existence – about as much as Satoshi Nakamoto," Arkham said.
Read more: https://tinyurl.com/zzaxscb8
"This makes Coinbase the largest Bitcoin entity in the world on Arkham, with almost 5% of all BTC in existence – about as much as Satoshi Nakamoto," Arkham said.
Read more: https://tinyurl.com/zzaxscb8
According to the latest data, Bitcoin halving is already 85% complete. At the same time, supply held by long-term holders (LTHs) is close to its all-time high (ATH). In previous cycles, this was a signal of the vicinity of a macro bottom, followed by the early phase of a new cycle.
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Read more: https://tinyurl.com/2p96jkef
Polygon Labs has suggested that the Celo blockchain community consider utilizing its Chain Development Kit (CDK) to streamline the intended layer-2 migration on the Ethereum network.
The proposal comes after cLabs, the primary development team behind Celo, unveiled an alternative strategy in July to transition its layer-1 into an Ethereum-compatible layer-2 solution by utilizing Optimism’s OP Stack. OP Stack is a similar customizable toolkit that leverages Optimism’s “optimistic” technology.
Read more: https://tinyurl.com/mr3sxd84
The proposal comes after cLabs, the primary development team behind Celo, unveiled an alternative strategy in July to transition its layer-1 into an Ethereum-compatible layer-2 solution by utilizing Optimism’s OP Stack. OP Stack is a similar customizable toolkit that leverages Optimism’s “optimistic” technology.
Read more: https://tinyurl.com/mr3sxd84
Ethereum (ETH) co-creator Vitalik Buterin reportedly says that central bank digital currencies (CBDCs) are not developing in the way he had once hoped for.
In a new interview with CNBC, Buterin says that he was once more optimistic about CBDCs, but now he believes they have mostly become “front ends” for the traditional banking system.
Read more: https://tinyurl.com/ye25s573
In a new interview with CNBC, Buterin says that he was once more optimistic about CBDCs, but now he believes they have mostly become “front ends” for the traditional banking system.
Read more: https://tinyurl.com/ye25s573
Coinbase has secured registration as a cryptocurrency exchange and custodian wallet provider with the Bank of Spain.
The exchange said it will offer a “full suite of products and services to retail and institutional users in Spain.”
Read more: https://tinyurl.com/2jcwxukm
The exchange said it will offer a “full suite of products and services to retail and institutional users in Spain.”
Read more: https://tinyurl.com/2jcwxukm
In its current form, PYUSD can only be used in PayPal’s own ecosystem, thereby limiting its strength as a stablecoin. For PYUSD to be a well-rounded product, it must be transient between Web2 and Web3 and operate across multiple blockchains.
Read more: https://tinyurl.com/4bvhyvaf
Read more: https://tinyurl.com/4bvhyvaf
As seen above, 144 projects have been launched on Cardano with over 8.8 million tokens. This network has been one of the fastest growing in development activity in 2022 and 2023 upon implementing smart contract capabilities via the Hard Fork Combinator event dubbed “Alonzo.”
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Read more: https://tinyurl.com/2ez2kz2h
Binance announced on Monday, September 25, that it had reopened customer registrations in Belgium.
Read more: https://tinyurl.com/mrxx5zry
Read more: https://tinyurl.com/mrxx5zry
Crypto exchange HTX stakeholder Justin Sun confirmed on Monday that the exchange suffered a hack over the weekend, with losses totaling $8 million.
Read more: https://tinyurl.com/cb585h6u
Read more: https://tinyurl.com/cb585h6u
Non-fungible tokens (NFTs) emerged as the poster children of a digital renaissance. With the hype reaching its peak during the 2021 bull run, the NFT market saw nearly $2.8 billion monthly trading volume in August 2021. But by July 2023, the tune has changed drastically.
Indeed, weekly traded values plummeted to around $80 million, marking a significant contraction. Amid this backdrop, recent research brought to light a startling reality. Most NFTs are trading at a market cap of zero Ethereum (ETH), rendering them “worthless.”
Read more: https://tinyurl.com/33veh23b
Indeed, weekly traded values plummeted to around $80 million, marking a significant contraction. Amid this backdrop, recent research brought to light a startling reality. Most NFTs are trading at a market cap of zero Ethereum (ETH), rendering them “worthless.”
Read more: https://tinyurl.com/33veh23b
A group of Republican and Democratic lawmakers pressed Securities and Exchange Commission Chair Gary Gensler to urgently allow the listing of a spot bitcoin exchange-traded fund (ETF) following a significant court ruling.
Read more: https://tinyurl.com/3pfumwcf
Read more: https://tinyurl.com/3pfumwcf
According to a customer email, Chase Bank is set to stop crypto-related debit card payments and bank transfers for UK clients next month.
Chase will become the latest in a long line of UK banks to impose such measures as financial institutions in the country seek an effective way to tackle the rising rates of crypto-related fraud. The new measures will reportedly come into effect on October 16.
Read more: https://tinyurl.com/de7dbs2b
Chase will become the latest in a long line of UK banks to impose such measures as financial institutions in the country seek an effective way to tackle the rising rates of crypto-related fraud. The new measures will reportedly come into effect on October 16.
Read more: https://tinyurl.com/de7dbs2b
Ethereum, the leading smart contract platform, has reached over $10 billion in cumulative revenue since its launch in 2015. This growth rate outpaces many of the largest software companies in history according to a new report by crypto brokerage firm Caleb & Brown.
Read more: https://tinyurl.com/423tdj99
Read more: https://tinyurl.com/423tdj99
MoneyGram, one of the world's biggest remittance company, has announced plans to launch a stablecoin wallet with the company stating:
"The wallet, which will officially debut in Q1 2024, will enable consumers around the world to leverage stablecoin technology to seamlessly move from fiat to digital currency, to fiat again."
Read more: https://tinyurl.com/3jex2znh
"The wallet, which will officially debut in Q1 2024, will enable consumers around the world to leverage stablecoin technology to seamlessly move from fiat to digital currency, to fiat again."
Read more: https://tinyurl.com/3jex2znh
The Securities and Exchange Commission moved to delay a decision on the proposed ARK 21Shares Bitcoin ETF into next year, with a new deadline of Jan. 10.
Read more: https://tinyurl.com/4ermthsd
Read more: https://tinyurl.com/4ermthsd
XRPL Labs is planning a monumental upgrade to the XRP Ledger that has garnered the attention of crypto enthusiasts. This upgrade, set to overhaul the public infrastructure of the XRP Ledger, has stirred anticipation and curiosity in the XRP community.
According to a Sept.26 blog post by leading XRP Web3 wallet XUMM, the planned overhaul will be more than just enhancing infrastructure but a strategic move to revamp the XRPL’s foundation and ensure an inclusive future for all participants.
Read more: https://tinyurl.com/2th6dy7c
According to a Sept.26 blog post by leading XRP Web3 wallet XUMM, the planned overhaul will be more than just enhancing infrastructure but a strategic move to revamp the XRPL’s foundation and ensure an inclusive future for all participants.
Read more: https://tinyurl.com/2th6dy7c
Post-quantum cryptography (PQC) addresses the potential threat posed by quantum computers of the future. Current cryptography schemes rely on mathematical problems to stymie decryption attempts.
Cracking or bypassing such encryption with a classical computer would be nearly impossible. Some experts estimate that it would take a binary computer system roughly 300 trillion years to break a 1,024-bit or 2,048-bit RSA key.
Read more: https://tinyurl.com/j5pesnaj
Cracking or bypassing such encryption with a classical computer would be nearly impossible. Some experts estimate that it would take a binary computer system roughly 300 trillion years to break a 1,024-bit or 2,048-bit RSA key.
Read more: https://tinyurl.com/j5pesnaj
Binance, the largest crypto exchange, has witnessed a noteworthy exodus of at least ten critical executives from various departments over the nine months of 2023.
These departures have not gone unnoticed in the crypto community, particularly against the backdrop of mounting regulatory challenges the exchange faces.
The most recent departures include Brian Shroder, who was the chief executive officer of Binance’s United States subsidiary, Binance US. Specifically, Shroder left the exchange on September 13, 2023.
Read more: https://tinyurl.com/szuufdxj
These departures have not gone unnoticed in the crypto community, particularly against the backdrop of mounting regulatory challenges the exchange faces.
The most recent departures include Brian Shroder, who was the chief executive officer of Binance’s United States subsidiary, Binance US. Specifically, Shroder left the exchange on September 13, 2023.
Read more: https://tinyurl.com/szuufdxj
Ethereum futures exchange-traded funds (ETFs) could start trading for the first time in the United States as early as next week, according to Bloomberg analysts.
On Sept. 28, Bloomberg Intelligence analyst James Seyffart said it was “looking like the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.”
Read more: https://tinyurl.com/yk3t9422
On Sept. 28, Bloomberg Intelligence analyst James Seyffart said it was “looking like the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.”
Read more: https://tinyurl.com/yk3t9422