The decentralized financial system, Balancer, had a security breach which resulted in an approximate loss of $900,000. This information was made public on X, a prominent social platform, on August 27. Interestingly, this...
FTX, a recently bankrupt cryptocurrency exchange, has temporarily halted the accounts of certain users in the wake of a cybersecurity lapse at Kroll. This decision, announced on X (previously known as Twitter), aims to...
Controversy and speculations erupted after Paolo Ardoino, Tethers Chief Technology Officer, shared an image that raised eyebrows among the crypto community. The image, shared on X (previously known as Twitter) on August...
The Stellar Development Foundation recently became a member of the Bytecode Alliance, the key group championing the progress of WebAssembly, more commonly known as Wasm. An announcement on August 21 by Tomer Weller, the...
The Terra blockchain, a prominent player in the digital currency sector, announced the temporary suspension of its web operations on August 22 in response to a surge of phishing scams. The announcement, made on the...
OpenSea, a notable marketplace for nonfungible tokens (NFTs), recently announced plans to discontinue its Operator Filter by the end of this month. This decision sparked considerable debate in the NFT world, as the tool...
Gemini Responds to SECs Charges Over Alleged Unregistered Securities Cryptocurrency exchange, Gemini, has taken a definitive stance against the charges brought forward by the U.S. Securities and Exchange Commission...
PayPal Halts New Crypto Purchases in UK Following Regulatory Changes PayPal, the widely recognized online payment platform, has declared a temporary suspension of new cryptocurrency purchases for users in the United...
The diverse landscape of electricity pricing across the globe affects the profitability of Bitcoin mining for solo operators, as unveiled in a study by CoinGecko on August 17. The stark contrasts became evident when it was...
Gryphon Digital, a prominent cryptocurrency mining entity, is taking steps to defend itself against a lawsuit filed by its former associate, Sphere 3D. The lawsuit accuses Gryphon of losing 26 Bitcoin (BTC) in a cyber...
Lamina1, a blockchain initiative with a focus on the metaverse, recently launched its betanet and a specialized Hub. This venture has been spearheaded by Neal Stephenson, the science-fiction author who introduced the term...
A notable blockchain tech company, Blockstream, has initiated steps to gather a hefty $50 million. The purpose is to acquire mining equipment that they believe is underestimated in the market. The exclusive scoop was...
Cryptocurrency platform Binance has announced its decision to discontinue Binance Connect, formerly recognized as Bifinity. The decision comes precisely a year after its initiation. The company cited the intention of...
Leadership Changes at Silvergate Bank Amidst Legal and Operational Shifts Silvergate Bank, once favored among crypto businesses, is undergoing significant changes as key executives depart in the wake of legal challenges...
Coinbases CEO, Brian Armstrong, recently expressed concerns over the usability of the companys application. He voiced his concerns following the activities during the Onchain Summer event, which kicked off on August 9th...