IOTA is a revolutionary blockchain technology that offers fast and fee-less transactions, setting it apart from other cryptos. Its structure is well-suited for the autonomous vehicle revolution, particularly in line with Elon Musk’s vision for Tesla. IOTA’s Tangle technology is a Directed Acyclic Graph (DAG) architecture, which eliminates the need for intermediaries and ensures rapid […]
North Korea-linked hackers have stolen a total of $340.4 million worth of cryptocurrency in 2023, a significant decrease from the record $1.65 billion reported stolen in 2022. However, according to Chainalysis, this decrease is not necessarily an indicator of improved security or reduced criminal activity. The firm warns that one large hack could easily push […]
Bitwave, a cryptocurrency solutions provider, has acquired Gilded, a payments and accounting platform. Gilded was established in 2018 and has over 130 enterprise clients, including mining companies, non-fungible token exchanges, decentralized autonomous organizations, and accountancy firms. Ken Gaulter, chief technology officer of Gilded, will join Bitwave’s technical team as a result of the acquisition. The […]
Visa, a global financial services giant, has recently embraced Solana (SOL), a blockchain-based altcoin, due to its standout qualities in payments. Solana stands out from Bitcoin and Ethereum with its low and consistently predictable transaction fees, often below the $0.001 mark. It also boasts impressive transaction processing capabilities and a resilient node infrastructure.Visa has extended […]
InQubeta ($QUBE) and Shiba Inu ($SHIB) are two of the most talked-about projects in the cryptocurrency space. InQubeta is a unique investment model that seeks to revolutionize the way AI startups are funded and supported, with the goal of becoming one of the top 50 cryptocurrencies by 2024. The project’s innovative investment approach has garnered […]
Neutron and Axelar have been selected by Lido, the leading liquid staking provider, as the preferred technology bridging partners to launch Lido’s wrapped liquid staked ETH (wstETH) on Cosmos. The collaboration aims to enhance cross-chain interoperability and support the expansion of wstETH and other assets in the Cosmos ecosystem. Neutron and Axelar have each committed […]
Minnesota congressman Tom Emmer has reintroduced a bill that seeks to protect U.S. citizens from any possible surveillance through a Central Bank Digital Currency (CBDC). The CBDC Anti-Surveillance State Act aims to protect users from monitoring and tracking by government authorities and uphold financial privacy rights. The bill does not prevent the federal government from […]
The Securities and Exchange Commission (SEC) is likely to target crypto wallets and trading firms in its enforcement regime, according to lawyers from Troutman Pepper. The SEC has been increasingly active in the cryptocurrency space, with the agency recently filing charges against Ripple Labs and its executives for allegedly selling unregistered securities.The SEC has also […]
On September 12, 2023, Cyvers Alerts posted a tweet regarding suspicious withdrawals on CoinEx Exchange. Crypto assets including ETH, TRON, MATIC, and more from CoinEx’s hot wallets were transferred to unknown addresses, raising suspicions of a potential hack.The CoinEx team responded to the incident on Twitter at 17:38 the same day. According to the official […]
Binance.US, the American arm of the crypto giant, has recently experienced a significant reduction in its workforce. This downsizing comes shortly after the main company experienced the departures of its top executives due to layoffs and resignations. The company’s president, Brian Shroder, resigned and laid off over 100 employees, constituting one-third of the company’s staff. […]
