Topic

Blockchain

A collection of 523 issues

The Call for Action: A Deep Dive into Solana's Push for US Crypto Regulation

n an ever-evolving digital world, the crypto market has become an important aspect of the global economy. This evolution has seen major players in the blockchain sector urging governments worldwide to lay down regulatory guidelines. Leading this call in the US is Anatoly Yakovenko, co-founder of Solana and the Chief

SEC's Request to Immediately Inspect Binance US Software Denied

In an ongoing tussle with one of the world's leading cryptocurrency platforms, the U.S. Securities and Exchange Commission (SEC) has faced a setback. Its recent attempt to gain immediate access to inspect Binance US's software has been denied, as reported by multiple sources, including Bloomberg

Ethereum's Holesky Testnet: A Rare Technical Hiccup in Blockchain Evolution

In a surprising turn of events, the much-anticipated Ethereum's Holesky testnet failed to launch successfully. The Ethereum community, usually priding itself on the robustness and reliability of its technological advancements, has been left pondering this rare misstep. Multiple sources, including prominent platforms like CoinDesk, FXStreet, and Binance, have

The Crypto Sphere's Worry

The crypto community is all too familiar with the aftermaths of sudden exchange collapses. Mt. Gox, once the leading Bitcoin exchange, filed for bankruptcy in 2014 after a security breach resulted in the loss of 850,000 Bitcoins. Its impact was felt across the entire crypto market. Today, almost a

Binance, FTX, and The Great Crypto Shuffle: An Insight for Americans

In recent years, the cryptocurrency industry has grown exponentially, with major exchanges such as Binance and FTX leading the charge. The vast dynamics of these exchanges have implications not just for global traders, but specifically for Americans, as the industry's changes impact investments, regulatory landscapes, and overall market

Stake Crypto Gambling Site Suffers Suspicious $16M Withdrawals

September 5, 2023 In what could be a significant security breach, Stake, a leading crypto gambling website, experienced unprecedented withdrawals of $16 million on September 4. Cyvers Alerts, a renowned security platform, highlighted these transactions as "suspicious." The Etherscan blockchain explorer has named the recipient account as the

DEA

The US Drug Enforcement Agency (DEA) accidentally sent $55,000 in cryptocurrency to a fraudster. Earlier in a three-year investigation, the regulator had seized about $500,000 in USDT from two Binance accounts and stored it on a Trezor cold wallet. The fraudster monitored the activity of the agency'

Startup

US startup mines bitcoins on rubbish Nodal Power, a startup that mines bitcoin from rubbish, has announced that it has raised $13m. The firm aims to reduce the amount of methane in landfills by converting the gas into electricity. Most of it is channelled into the grid and the excess

Biden accidentally promoted bitcoin

US President Joe Biden accidentally promoted bitcoin in one of his campaign videos. The cup Biden was drinking from had "laser eyes" on it, a hallmark of bitcoin supporters. Community members even suspected him of being a hidden crypto-maximalist.

Developer claims Central Bank's ability to freeze funds in Brazilian digital realm

Pedro Magalhaes, founder of Web3 consultancy Iora Labs, has revealed that Brazil's central bank's (CBDC) digital currency allows the regulator to freeze funds. The country's CBDC also has the ability to reduce balances on wallets, confiscate and mine digital currency.