Decentralized finance proponents take a hard hit after lending protocol bZx sees two successful hacks just days apart. Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000. According to bZx’s report, the protocol was compromised for the first […]
Continue Reading
Following a hack of IOTA official wallet on Feb. 12, the IOTA Foundation has released what it is calling a safe desktop version of the Trinity wallet. Following an apparent hack of IOTA (MIOTA) official wallet on Feb. 12, the IOTA Foundation has released a safe desktop version of the Trinity wallet. According to a […]
Continue Reading
Italian crypto exchange Altsbit announced that it will close in May 2020 after losing about $70,000 in a hack on Feb. 5. Altsbit, a small cryptocurrency exchange that lost “almost all funds” in hack on Feb. 5, will shut down its services in May 2020. After Altsbit first reported on the hack on Twitter on […]
Continue Reading
Not all noncustodial exchanges are true to the terms, but they may still provide a safer service than centralized exchanges. Despite centralized cryptocurrency exchanges suffering nearly $300 million worth of hacks during 2019, many digital currency traders continue to hold significant sums of capital on centralized exchange platforms. While many noncustodial crypto services have launched […]
Continue Reading
The case against suspected Bitcoin money launderer Alexander Vinnik enters a new phase, Cointelegraph reaches out to Vinnik’s lawyers. After spending 30 months in detention, Greek authorities have finally extradited the Russian national and alleged Bitcoin (BTC) money launderer Alexander Vinnik to France. Prosecutors in France are charging Vinnik, operator of the defunct BTC-e crypto […]
Continue Reading
French authorities have charged former operator of now-shuttered crypto exchange BTC-e and Russian national Alexander Vinnik. French authorities have charged former operator of now-shuttered crypto exchange BTC-e and Russian national Alexander Vinnik. Bloomberg reported on Jan. 28 that Vinnik’s lawyers said that he will remain in France to face his charges following his recent extradition […]
Continue Reading
Cardano released a formalized description of its unique smart contract model in preparation for the release of Goguen, though the timeline remains uncertain amid delays. Cardano (ADA) revealed a new paper on Jan. 27 in which the firm details how smart contracts will be implemented in the upcoming Goguen update. Though the system is unique, […]
Continue Reading
Offline cold storage cryptocurrency wallet provider GK8 is offering a bug bounty of up to $250,000 to the first person who can hack its ostensibly “hack-proof” product. Offline cold storage cryptocurrency wallet service provider GK8 is offering a bug bounty of up to $250,000 to the first person who can hack its product. GK8 — […]
Continue Reading
Catch up on all the gossip from the World Economic Forum, and find out what Elon Musk *really* thinks about cryptocurrencies. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
Continue Reading
The U.N. and other experts have warned against attending North Korea’s upcoming crypto conference, questioning the motives behind the event. On Jan. 15, the United Nations warned that attending North Korea’s cryptocurrency conference in February will likely constitute a sanctions violation. According to Reuters, this notice was issued in a confidential report that will be […]
Continue Reading