DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May 31, 2024. In response, DMM Bitcoin has assured its customers […] Source: https://news.bitcoin.com/over-300m-in-btc-stolen-from-japanese-exchange-dmm-bitcoin-in-major-security-breach/
Month: May 2024
ZK Trademark Fight: Competitors Demand Matter Labs Withdraw Application
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports An application by Matter Labs to register “ZK” as a trademark has been met with a robust response from competitors StarkWare, Algorand, and Polygon. “We condemn…
The Week in Polkadot: JAM Upgrade Passes in Near-Unanimous Vote
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Welcome to Decrypt’s Week in Polkadot, our regular round-up of the latest developments in the Polkadot ecosystem. The Join-Accumulate Machine (JAM) upgrade, the next stage in…
Dogeverse Presale Enters Final 3 Days After Raising $15M, Analysts Forecast Big Gains in June
Multi-chain token Dogeverse is preparing for one of the biggest meme coin launches of the year after raising more than $15 million in a red-hot presale. The project has gotten a ton of attention from meme coin traders and crypto analysts, many of whom believe the $DOGEVERSE token could deliver a 10x gain or more […] Source: https://news.bitcoin.com/dogeverse-presale-enters-final-3-days-after-raising-15m-analysts-forecast-big-gains-in-june/
What is PayPal USD and how to buy PYUSD in the US?
Learn how PYUSD works, its benefits and how to buy, use and store this dollar-backed digital currency. Source: https://cointelegraph.com/explained/what-is-paypal-usd-and-how-to-buy-pyusd-in-the-us
Arbitrum Is About to Unlock $250 Million in Funds for Ethereum Games
In an attempt to bolster the Ethereum layer-2 network’s gaming ecosystem, it appears that over $250 million worth of Arbitrum tokens will be unlocked over the next three years, following strongly positive support for a DAO proposal that’s currently being voted on by token holders. Arbitrum is a scaling network that enables cheaper and faster transactions than the Ethereum mainnet.…
Analyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum
This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of this supply resides on Tron, with the network hosting $58 billion in tethers, while Ethereum accounts for $51 billion. This editorial examines the top wallets […] Source: https://news.bitcoin.com/analyzing-tethers-111-billion-supply-top-usdt-wallets-on-tron-and-ethereum/
CertiK announces CertiK Ventures to boost blockchain development
CertiK Ventures aims to drive on-chain innovation by supporting security-first projects, fostering key partnerships, and making strategic investments. Source: https://cointelegraph.com/news/certik-launches-certik-ventures
EU watchdog urges banks to prioritize clients in AI usage
The EU’s top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID. Source: https://cointelegraph.com/news/eu-watchdog-banks-prioritize-clients-ai-use
May Shatters Bitcoin Transaction Records, Highlighting a Year of Unparalleled Achievements
According to recent data, May has set new records for milestones within the Bitcoin network. Following the record-breaking number of transactions confirmed on April 23, four of the top five days with the highest transaction counts settled on the Bitcoin blockchain occurred in May. 2024: A Banner Year for Bitcoin Records The year 2024 has […] Source: https://news.bitcoin.com/may-shatters-bitcoin-transaction-records-highlighting-a-year-of-unparalleled-achievements/