A blockchain security solution by Cyvers could prevent 99% of crypto hacks and scams, addressing vulnerabilities like phishing and CEX exploits that cost $2.3 billion in 2024, the company said. Read More at https://cointelegraph.com/news/offchain-transaction-validation-prevent-crypto-hacks-scams?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Stablecoin issuer ‘Usual’ faces sell-off after redemption update
Usual’s USD0++ staked stablecoin introduces dual exit mechanisms, prompting market volatility and significant community debate. Read More at https://cointelegraph.com/news/stablecoin-issuer-usual-selloff-redemption-update?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arbitrum DAO gains unanimous support for BoLD protocol upgrade
The BoLD upgrade enables anyone to participate in securing the network, removing centralized validator restrictions. Read More at https://cointelegraph.com/news/ethereum-layer-2-scaling-solution-arbitrum-proposes-bo-ld-protocol-to-counter-delay-attacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia seizes $10M in Bitcoin from ex-official in bribery case
The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet. Read More at https://cointelegraph.com/news/russia-seizes-10-million-bitcoin-from-official-biggest-bribery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Philippine banks collaborate to launch PHPX stablecoin on Hedera
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions. Read More at https://cointelegraph.com/news/filipino-banks-launch-phpx-stablecoin-hedera?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US and Canada Bitcoin ETFs: Biggest buyer vs. worst loser
Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada’s history. Read More at https://cointelegraph.com/news/bitcoin-etfs-usa-versus-canada-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
WazirX has implemented a Singapore-backed restructuring plan to recover from its July 2024 $235 million cyberattack. Read More at https://cointelegraph.com/news/indian-crypto-exchange-wazir-x-charts-recovery-path-after-235-m-cyberattack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin speculators panic sell at $92K in 'good time for accumulation'
Bitcoin short-term holders are potentially giving the market a classic “buy the dip” signal, new research from CryptoQuant says. Read More at https://cointelegraph.com/news/bitcoin-speculators-panic-sell-92k-accumulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fed officials lean ‘neutral’ on policy but expect clarity once Trump begins
US Federal Reserve officials are adopting a “neutral” policy stance, pointing to strong economic performance and awaiting more clarity on Donald Trump’s policies. Read More at https://cointelegraph.com/news/federal-reserve-officials-policy-clarity-donald-trump-united-states-president?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pro-crypto CFTC boss, subcommittee rumored as Trump inauguration nears
New reports suggest the US Senate Banking Committee is looking to create its first crypto subcommittee, while Trump is reportedly eyeing a pro-crypto CFTC Commissioner to take the agency’s helm. Read More at https://cointelegraph.com/news/pro-crypto-moves-amid-coming-trump-inauguration-reports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound