Author: Crypto Insider

The private seed phrases of Ledger users could be shared with governments if they are ordered to, but this is “not a real concern,” says CEO Paul Gauthier. Pascal Gauthier, the CEO of Ledger, has confirmed that the private seed phrases of users who opt into Ledger’s controversial new Recover upgrade could, in theory, be handed over…

The United State crypto ecosystem is facing a “void” of well-established and credible institutions, according to an analyst from ARK Invest. The United States risks losing its position as a leader in the cryptocurrency race against countries including the United Arab Emirates, Korea, Australia and Switzerland, warns ARK Invest analyst Yassine Elmandjra. ▪️Regulatory Uncertainty Around…

Bitcoin ordinals or stamps have failed to provide an answer to Bitcoin’s DeFi problems. Bitcoin is known for its immutability and the hard-coded rules that make the system secure but slow to modernize. However, that doesn’t mean the Bitcoin blockchain — the underlying network that empowers the original cryptocurrency — is closed to innovation and development. Even though…

Buterin has advocated preserving Ethereum consensus minimalism and not overloading validators with other things. Ethereum co-founder Vitalik Buterin has published a lengthy blog post warning of the dangers of “stretching” Ethereum’s consensus past its core functions of validating blocks and securing the network. Ethereum consensus is the process whereby blocks are validated by the proof-of-stake mechanism implemented…

Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern. A bearish market structure has been pressuring cryptocurrencies’ prices for the past six weeks, driving the total market capitalization to its lowest level in two months at $1.13 trillion. According to two derivative metrics,…

The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router. Adding to the existing roadblocks of the decentralized crypto mixer Tornado Cash, an attacker managed to gain full control of the governance through a malicious…