While many crypto users believe in a cashless and fiatless world, it is yet to come. Most of us still have to perform a lot of transactions using good ol’ cash, including BTC and other crypto purchases. No matter whether you need a fiver for a cup of coffee or want to top up your Bitcoin wallet without having to…
The crypto space has been making its feelings known about the latest blow from regulators in the United States, a lawsuit filed by the Securities and Exchange Commission (SEC) against crypto exchange Kraken. The lawsuit was filed on Nov. 20 based on the SEC’s allegations that Kraken has been operating as an unregistered exchange, broker, dealer and clearing agency and claiming…
The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, has eliminated a significant vulnerability after a $550,000 hack in October. On Oct. 17, the Fantom Foundation suffered a hot wallet hack, with an unknown attacker draining 1% of Fantom Foundation’s funds. The foundation subsequently stopped using some of the affected wallets, reassigning them to a Fantom employee, making…
Decentralized finance (DeFi) protocol dYdX founder Antonio Juliano took to X (formerly Twitter) to share some of the findings of the investigation into the loss of $9 million in insurance funds, in what many suspected was an exit scam, that took place on Nov. 17. Juliano noted that the actual dYdX chain wasn’t compromised, and the insurance claims of $9…
Blockchain security firm dWallet Labs recently disclosed a vulnerability that they claim could affect up to $1 billion worth of crypto, with assets such as Ether (ETH), Aptos (APT), BNB (BNB) and Sui (SUI) at risk. In a paper sent to Cointelegraph, dWallet Labs reported a potential vulnerability in validators hosted by an infrastructure provider called InfStones. According to dWallet…
The CEO of Microsoft announced on X that Sam Altman and Greg Brockman will be joining Microsoft after their abrupt departure as heads of OpenAI. Source: https://cointelegraph.com/public/index.php/news/microsoft-hires-sam-altman-greg-brockman-after-departure-from-openai
DOGE flashes a rarely seen technical signal that has historically been followed by a parabolic rally. Source: https://cointelegraph.com/public/index.php/news/crypto-traders-look-at-dogecoin-doge-here-is-why
The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools. Source: https://cointelegraph.com/public/index.php/news/blockchain-association-support-suit-lifting-tornado-cash-sanctions
Kraken co-founder Jesse Powell has lashed out at the Securities and Exchange Commission after it sued his crypto exchange for alleged securities law violations. In a Nov. 21 post to X (formerly Twitter), Powell called the regulator “USA’s top decel” — a term used in tech circles to insult someone who slows progress — and claimed the SEC wasn’t satisfied…
Disgruntled consumers have filed a class-action lawsuit against Apple claiming the tech giant has conspired to limit peer-to-peer payment options on its devices and block crypto technology from iOS payments apps. The Nov. 17 complaint filed in a California District Court alleges Apple entered into anti-competitive agreements with PayPal’s Venmo and Block’s Cash App to restrict the use of decentralized cryptocurrency technology in…
