Bitcoin Community Celebrates as Twitter CEO Joins Lightning Network Relay

Jack Dorsey’s participation in the Lightning Network Trust Chain experiment is seen as considerable endorsement of the nascent technology. Twitter co-founder and CEO Jack Dorsey has joined a community project demonstrating the functionality of Bitcoin’s (BTC) second-layer scaling protocol, the Lightning Network (LN), on Feb. 5. Dorsey, who has repeatedly pledged his faith in Bitcoin […]

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Users of Crypto Wallets Electrum and MyEtherWallet Face Phishing Attacks

Users of digital currency wallets Electrum and MEW are purportedly facing phishing attacks attempting to steal their sensitive information. Users of cryptocurrency wallets Electrum and MyEtherWallet are currently facing phishing attacks, according to posts published on Reddit and Twitter on Feb. 4. A phishing attack is an attempt to obtain sensitive data like users’ personal […]

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Blockchain Lending Firm Dharma Raises $7 Million From Coinbase Ventures, Others

Blockchain-based lending firm Dharma Labs raised $7 million from big investors including Coinbase Ventures. San Francisco-based blockchain lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures, as the company confirmed to Cointelegraph on Feb. 5. According to crypto news outlet The Block Crypto, Dharma Labs is planning to use the […]

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Five Critical Vulnerabilities Discovered in EOS in 2019, HackerOne Data Shows

EOS.io, the company responsible for the development of EOS, awarded bug bounties for five critical vulnerabilities this year. EOS.io, the company responsible for the development of fourth-largest crypto by market cap EOS, has handed over bug bounties for five critical vulnerabilities this year. Public activity on breach disclosure platform HackerOne revealed the bounties. On Jan. […]

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QuadrigaCX Is Filing for Creditor Protection Amid Liquidity Crisis, Community Remains Largely Skeptical

Canadian cryptocurrency exchange is in hot water. Canadian cryptocurrency exchange QuadrigaCX is in hot water: Following the sudden death of its 30-year-old founder, Gerald Cotten, the exchange has allegedly lost access to its cold wallets, where most of the funds were stored. Now, the exchange has taken to court to avoid the collapse, but some […]

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United States Crypto Platform Huobi.com Launches Fiat-Crypto Trading

Huobi.com is launching fiat-crypto trading services, with initial support for three USD-crypto trading pairs. Huobi.com, the United States-based partner of Singapore-headquartered crypto exchange Huobi, is launching fiat-crypto trading services, with initial support for three USD-crypto trading pairs. The development was revealed in a press release shared with Cointelegraph on Feb. 5. Huobi.com is operated by […]

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US Crypto Exchange Coinbase Launches Paypal Withdrawals Support for EU Users

Coinbase is launching support for European Union residents to make fiat currency withdrawals to online payment system PayPal. Major United States crypto exchange and wallet provider Coinbase is launching support for European Union residents to make fiat currency withdrawals to online payment system PayPal. The development was announced in an official blog post published on […]

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