EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain

    Despite the name “EtherHiding,” the new attack vector that hides malicious code in blockchain smart contracts doesn’t have much to do with Ethereum at all, cybersecurity analysts have revealed. As reported by Cointelegraph on Oct. 16, EtherHiding has been discovered as a new way for bad actors to hide malicious payloads inside smart contracts — with the ultimate goal…

    Hodling hard: Bitcoin’s long-term investors own over 76% of all BTC for the first time

    Bitcoin is becoming scarcer than ever — whether you are a BTC price speculator or new to the market. The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage. Bitcoin long-term holder presence beats all-time highs At more than 76%, Bitcoin’s long-term holders (LTHs) control…

    UAE emirate launches new free zone for digital assets, Web3 and AI

    Ras Al Khaimah ruler Sheikh Mohammed bin Saud bin Saqr Al Qasimi inaugurated the new RAK Digital Assets Oasis (RAK DAO), an economic free zone dedicated to supporting companies involved in digital and virtual assets, blockchain, Web3 and artificial intelligence (AI) on Oct. 19. As previously reported by Cointelegraph, the free zone will be dedicated to…

    Starknet and zkSync buck trend as crypto ecosystems shed devs by 28%

    Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows. While Starknet and zkSync only recorded increases of 3% and 6% respectively, the likes of Ethereum, Polygon and Solana saw their counts fa by 23%, 43% and…

    Aptos resumes operation after 5-hour outage that ‘impacted’ transactions

    Layer-1 blockchain Aptos Network has managed to bring its network back to normal operations after a lengthy five-hour outage that saw transactions on its network “impacted.” According to the Aptoscan network tracker, on-chain transactions on the Move language-based blockchain were halted 11:11pm UTC on Oct. 18 at block 104621314 — down for more than five hours….

    IMF director urges ‘financial inclusion’ via digitalization

    During her opening speech at the International Monetary Fund’s (IMF) seminar on financial inclusion in Marrakesh, Morocco, IMF Managing Director Kristalina Georgieva said digitalization is “the most important way” to scale up financial inclusion. “It is digital that moves help to people, investment and ability of the economy to accelerate,” Georgieva said, citing digital cash transfers in…

    Crypto investor protections won’t take effect in EU until late 2024

    Cryptocurrency investors in Europe are not yet protected under European Union cryptocurrency asset market rules, and it will take some time for the protections to take effect. On Oct. 17, Europe’s securities regulator, the European Securities and Markets Authority (ESMA), issued a statement about the transition to the European crypto regulations known as the Markets in…

    Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch

    Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed the launch of its mainnet. The team behind Scroll announced the launch in an Oct. 17 post and added that existing applications and developer tool kits on Ethereum can now migrate to the new scaling solution. “Everything…

    Solana becomes ecosystem partner of Dubai free zone

    The Solana Foundation has become an ecosystem partner for the Dubai Multi Commodities Centre (DMCC), one of the free economic zones in the United Arab Emirates. According to the announcement from Oct. 15, with its blockchain platform, Solana will provide technical and business development support to any DMCC Crypto Centre member. The company will also deliver webinars…

    Bitcoin Amsterdam: Focus on BTC fundamentals, says Edward Snowden

    “We’re contorting ourselves to pass through the keyhole of tyranny.” Edward Snowden’s words to the audience at the packed Genesis Stage hall at Bitcoin Amsterdam stressed the preeminent cryptocurrency’s ever-increasing importance in a world beset by creeping government surveillance, devaluing fiat currencies and restrictive policies. The renowned whistleblower’s address summed up a recurring theme during…