Kronos Research was exploited for $25 million in November last year, and one of the six wallets linked to the hacker started moving funds to Tornado Cash on May 7. Source: https://cointelegraph.com/news/kronos-research-hacker-funds-tornado-cash-exploit
Month: May 2024
Polygon’s ZK-rollup Ethereum scaler Miden hits testnet
The Ethereum layer-2 scaling solutions provider is going up against StartWare’s tech stack Starknet. Source: https://cointelegraph.com/news/polygon-zk-rollup-miden-alpha-testnet
Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024
Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will promptly comply with the SEC’s request to remove Binance’s applications from their app stores. Safeguarding the Interests […] Source: https://news.bitcoin.com/philippines-regulator-to-unveil-cryptocurrency-regulatory-framework-in-second-half-of-2024/
Ore wins Solana hackathon despite disrupting Solana’s network in April
A sudden rise in Ore mining transactions was one of the main culprits behind Solana’s April congestion issue where up to 70% of non-vote transactions were being rejected. Source: https://cointelegraph.com/news/ore-wins-solana-hackathon-despite-april-network-distruption
Bitget’s Blockchain4Youth Celebrates 1st Anniversary, Educated Over 6,000 Participants Worldwide
Bitget, a leading crypto exchange and web3 company, announces the first anniversary of its Blockchain4Youth program and launches recap videos of the program. The initiative celebrated a year of driving Web 3.0 adoption among the youth, staying true to Bitget’s core principles of innovation, education, and empowerment. Bitget envisions a more equitable future driven by […] Source: https://news.bitcoin.com/bitgets-blockchain4youth-celebrates-1st-anniversary-educated-over-6000-participants-worldwide/
Tom Brady grilled on FTX ties in Netflix roast — ‘He fucked those people’
Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX. Source: https://cointelegraph.com/news/tom-brady-grilled-ftx-ties-netflix-roast-kevin-hart
Bitcoin ‘as strong as ever’ with record high 200-day moving average
The long-term Bitcoin trend indicators, the 200-day and 200-week moving average, are at the highest-ever levels with Anthony Pompliano saying BTC is “as strong as ever.” Source: https://cointelegraph.com/news/bitcoin-record-high-200-day-moving-average
Investment Firm Franklin Templeton Believes Solana Will Become the Third Largest Crypto Asset
Franklin Templeton, a leading investment firm with over $1.5 trillion in assets under management (AUM), believes Solana has the potential to become the third-largest cryptocurrency in the market. The firm praised the resilience of the project, its continued airdrops, and the work developers have undertaken to fix the network’s recent congestion issues. Franklin Templeton: There […] Source: https://news.bitcoin.com/investment-firm-franklin-templeton-believes-solana-will-become-the-third-largest-crypto-asset/
Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network Scaling
Bitcoin Cash, the usability-focused Bitcoin hard fork, is preparing to perform a blockchain-wide upgrade slated to happen on May 15th. The upgrade implements the adaptive blocksize limit algorithm, allowing the network to adapt to future increases in demand without having direct input from actors, avoiding the opportunity for social attacks. Bitcoin Cash to Include Adaptative […] Source: https://news.bitcoin.com/bitcoin-cash-prepares-adaptive-blocksize-limit-upgrade-commits-to-network-scaling/
Apple’s AI Ambitions Emerge Ahead of iPad Event
The next Apple event is upon us—kicking off at 10 a.m. ET on Tuesday—and while the focus is typically on the latest and greatest hardware, investors and consumers alike are meanwhile hoping to learn more about whether and how the tech titan plans to take a bold step into harnessing artificial intelligence. The secretive, Cupertino-based company has telegraphed nothing, although…