A Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia. But not everyone’s on board with the crypto ETF train. Critics argue that Bitcoin-linked ETFs could be even worse than centralized exchanges for…
Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation attack. Decentralized finance protocol Zunami Protocol has advised users not to buy any of its Zunami Ether (zETH) or Zunami USD (UZD) stablecoins, after encountering an attack on its “zStables” pools on Curve Finance. On Aug. 13, Zunami confirmed…
The hacker’s wallet, with over $100,000 worth of USDT, was blacklisted and frozen, while the victim had been drained of almost $170,000 worth of NFTs and other assets. With the help of police and cyber authorities, a victim of a hack worth 90 Ether has gotten the attacker’s Tether address blacklisted. As a result, they may be…
Decentralized finance (DeFi) platform Curve Finance has officially stated its intention to reimburse users impacted by the recent hack resulting in $62 million of losses. According to an X (formerly Twitter) post from its official account, ongoing investigations are yielding progress, with approximately 79% of the funds successfully recovered. The platform also said it would assess each…
Bitcoin is due to offer nothing beyond “classic weekend chop,” signs of change on BTC price charts continue to flow in. Bitcoin further ground down volatility into Aug. 12 as “astonishing” BTC price action stayed in place. Bitcoin: “Classic weekend chop” expected Data from Cointelegraph Markets Pro and TradingView followed a flat Bitcoin trading environment as the weekend began. After displaying…
Sam Bankman-Fried was reportedly led out of a New York courtroom in handcuffs after alleged attempts to influence or intimidate witnesses in his criminal case. A federal judge has reportedly revoked former FTX CEO Sam Bankman-Fried’s bail following the release of information to New York Times reporters in an alleged attempt to intimidate witnesses. According to…
The Securities and Exchange Commission’s prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications. The Securities and Exchange Commission’s (SEC) delay in deciding whether to approve a spot Bitcoin exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a batch…
Visa’s innovative solution employs Ethereum’s ERC-4337 standard and the “Paymaster” smart contract, enabling off-chain gas fee settlement. In a potential transformative move for users, Visa, the payments solution provider, is testing an innovative solution enabling on-chain gas fees to be paid using a Visa card. Mustafa Bedawala, a product manager at Visa, presented the report, highlighting an observed challenge with cryptocurrency wallets;…
It is essential that we engage in extensive research and relentlessly test and build solutions that help solve these challenges and build a resilient architecture. Imagine a world where everyone, regardless of their background, can easily access and participate in the revolutionary world of Ethereum. A world where decentralized applications empower individuals, and the potential…
Crypto users have reported seeing “wonky” prices for Ripple’s XRP token on the Gemini crypto exchange hours after it relisted the token on its platform for deposits and trading. Several crypto community members on X (Twitter) on Aug. 11 posted screenshots of what many have described as a “price glitch” that has seen XRP’s displayed price…