Tag: technology

Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period. According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This represented a rise of 47.4% compared with the loss of $2.44 billion in…

While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level. It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared…

Turmoil in the crypto sector in 2022 will see the tech change hands to “more regulated and established institutions,” says Circle’s chief strategy officer. Circle’s chief strategy officer and head of global policy, Dante Disparte, believes that the turmoil in the crypto sector over the last year could mark the handover of crypto technology to…

Expect blockchain adoption to increase in the year ahead, in addition to the culture wars surrounding it – predicts Mahesh Vellanki on Cointelegraph. This year has been a particularly tumultuous one for the crypto market, with many decentralized and centralized entities failing or struggling to stay afloat. It feels as though we are in the…

Crypto exchange FTX announce the launch of its new version on Nov. 21, featuring an improved matching engine aimed at addressing complaints from users about the performance of the current one. The upgraded order-matching engine will reduce latency by 50%. “We’ll be rolling out a whole new order matcher, lower latency API pathways, a whole…

Reconsidering the first cryptocurrency’s slow-and-steady approach to development, as Ethereum’s “Merge” nears – writes Chris Castiglione on CoinDesk. Bitcoin is slow to change. Transaction speeds are too slow for a global payment system. The community is reluctant to embrace novelty. And the rate of new innovation, in comparison to nearly every other blockchain, is tortoise-like….