Latest news about blockchain and cryptocurrencies
The bug in an upgrade to the Nomad protocol allowed anyone with the know-how to nab funds, draining the bridge of roughly $190 million….
Continue reading on https://decrypt.co/106459/crypto-bridge-nomad-exploited-190m-frenzied-free-for-all
Read more →The US Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto pyramid and Ponzi scheme that raised over USD 300m from millions of investors worldwide, including in the United States…. Read More: SEC Charges 11 People over USD 300M Crypto ‘Pyramid Scheme’…
Read more →Dima Dimenko is the co-founder of 111PG, a community of crypto protection-focused Ukrainian white hackers.__________ Hacking attacks can cause massive financial and reputational damages during the Initial Dex Offerings (IDOs). This is why protection against these types of attacks should be a priority of the token issuers. The preventative measures allow for minimizing the risks related to these attacks…. Read More: Main Types of the Most Popular Hacking Attacks During IDO…
Read more →Major crypto exchange Coinbase has released the first part of its Bored Ape Yacht Club (BAYC)-featured movie called “The Degen Trilogy.” Meanwhile, the company’s shares continue to tumble as the US Securities and Exchange Commission (SEC) launched a probe into whether the exchange has listed unregistered securities…. Read More: Coinbase Releases First Part of BAYC-Featured Movie while COIN Keeps Tanking & ARK Dumps Coinbase Shares…
Read more →The electric car maker Tesla has revealed that it still holds digital assets worth approximately USD 222m, after saying last week that it had sold 75% of the bitcoin it held on its balance sheet. The company has posted a USD 64m gain on the sale. The new details of Tesla’s latest bitcoin (BTC) sale and remaining holding came in a filing with the US Securities and Exchange Commission (SEC) on Monday…. Read More: Tesla Reveals Its Bitcoin Holdings and BTC Sale Profit…
Read more →Major crypto exchange Coinbase has denied allegations that it lists securities on its platform after the US Securities and Exchange Commission (SEC) embarked on an investigation over the listing of digital assets that should have been registered as securities…. Read More: Coinbase Refutes Claims That it Lists Securities as SEC Kicks Off Investigation…
Read more →Major crypto exchange Coinbase criticized the US Securities and Exchange Commission (SEC) for its lack of regulatory clarity and action, while itself being criticized over insider trading - for which two US regulators charged the exchange’s former employee…. Read More: Coinbase Criticizes US SEC, Crypto Community Criticizes Coinbase over Insider Trading, and CFTC Chimes In…
Read more →The head of the US Securities and Exchange Commission (SEC), Gary Gensler, has said that his agency will “do what we can” to ensure crypto operators fall into line, but opined that many are refusing to abide by the rules governing securities. Speaking during an interview with Bloomberg TV, Gensler stated that many operators’ business activities fell under “classic parts of the securities laws,” but that these companies were not toeing the line. He said:… Read More: US SEC Chief Gensler Says Crypto Sector Rife with ‘Non-compliance’…
Read more →Major hardware wallet maker Trezor said they have noticed higher interest in their devices following a string of crypto company meltdowns and centralized exchanges suspending withdrawals. According to a company spokesperson, bitcoin (BTC) and crypto holders are “getting nervous about holding their coins with custodians and are exploring self-custody options.”… Read More: Trezor Has Seen ‘Significantly’ Higher Interest in Self-Custody Amid Ongoing Crypto Turmoil…
Read more →Adi Ben-Ari is the Founder and CEO of data security specialist Applied Blockchain. __________ The collapse of TerraUSD and Luna in May, and the associated tailspin in the crypto market, have prompted observers from both within the decentralized finance (DeFi) space and externally to ask the now very serious question – what does the future hold? … Read More: Following Terra’s Lehman Moment, What’s Next for the Market?…
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