Author: Crypto Insider

A recent attack compromised Monero’s community crowdfunding wallet, wiping out its entire balance of 2,675.73 Monero, worth nearly $460,000. The incident took place on Sept. 1 but was only disclosed on GitHub on Nov. 2 by Monero’s developer Luigi. According to him, the source of the breach has not been identified yet. “The CCS Wallet was drained…

Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts. On X (formerly Twitter), Coutts pointed out that blockchain adoption has been “unabated” throughout bull and bear markets over the past years. “Not having exposure to one of the…

Metadata in blockchain transactions, explained Additional data or information that can be appended to a crypto transaction on a blockchain is referred to as metadata in blockchain transactions. Although the main function of a blockchain is to document and authenticate the transfer of digital assets, including cryptocurrencies like Ether (ETH) or Bitcoin (BTC), metadata enables users…

Decentralized finance (DeFi) protocol Aave paused a number of markets on Nov. 4 after receiving reports of an issue affecting “a certain feature,” according to a post on X (formerly Twitter). The pause affects multiple networks, including Aave V2 Ethereum Market and certain assets on Aave V2 on Avalanche. In addition, certain assets on Polygon,…

Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an outage on Nov. 3. The Federal Reserve said the bug was caused by a “processing issue” in the Automated Clearing House — a payment processing network widely used by banks and employers to…

Looking at all the cryptocurrency in tracking sites like Coinmarketcap.com may leave most beginners confused at the number of tokens being offered to the public. Layer-1, layer-2, metaverse, DeFi, gaming, liquid staking, real world assets, memes and the like are like the toys in a large toy shop. Each has its own separate world. One…