An Ethereum wallet believed to be owned by former U.S. President Donald Trump has reportedly transferred millions of dollars worth of cryptocurrency to Coinbase. The wallet, which was linked to Trump by Arkham Intelligence, has moved 1,075 ETH (worth $2.4 million) to the exchange. Previously, the wallet held a peak balance of $4 million. The […]
The decentralized finance (DeFi) platform Telcoin has suffered a $1.3 million exploit due to issues with the proxy implementation of its wallet on Polygon. This incident highlights the ongoing activity of malicious actors in the crypto space, with over $1.7 billion in assets stolen in 2023 alone. Telcoin has taken swift action to address the […]
A potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States is raising concerns among analysts about the impact it could have on the original vision of Bitcoin. Josef Tetek, a Bitcoin analyst at Trezor, argues that a spot Bitcoin ETF conflicts with the idea of self-custody, which is a fundamental principle […]
After a decade of anticipation, Mt. Gox, the infamous cryptocurrency exchange, has begun repaying its creditors. Users on social media have confirmed receiving payments for their long-blocked Bitcoin deposits in fiat currencies. The first evidence of repayment came when a user revealed receiving Mt. Gox claims via a bank transfer in Japanese Yen. Subsequent posts […]
Thunder Terminal, an on-chain trading platform, recently experienced a security breach resulting in a significant loss of approximately $240,000. The breach occurred when a hacker gained unauthorized access to a MongoDB connection URL, allowing them to retrieve session tokens and execute withdrawals on behalf of users.Thunder Terminal took immediate action by revoking all session tokens […]
Over the past two years, Elizabeth Stark and her team at Lightning Labs have made significant strides in growing the Lightning Network. They have achieved a remarkable 1,200% increase in routed transactions, demonstrating the effectiveness of their layer-2 scaling solution for Bitcoin.One of the key developments in the Lightning Network is the implementation of an […]
Telcoin, a decentralized finance platform (DeFi), has suffered a hack in its mobile wallet application, resulting in a loss of over $1 million in cryptocurrencies. The incident, which was first reported by security firm Peckshield, has raised concerns about the security of DeFi platforms.Fortunately, Telcoin has responded quickly to the attack, ensuring the security of […]
Key figures at Grayscale, including chairman Barry Silbert and Mark Murphy, president of its parent company Digital Currency Group (DCG), will step down from their board positions effective Jan. 1, 2024, according to a recent filing with the United States Securities and Exchange Commission (SEC).Mark Shifke, DCG’s chief financial officer, will replace Silbert as chairman […]
Tether, the operator of the world’s largest stablecoin, has recently minted another billion USDT. This transaction, however, is authorized but not yet issued. Tether CEO Paolo Ardoino clarified that this amount will be used as inventory for future issuance requests and chain swaps on the Ethereum blockchain.It’s important to note that these newly minted tokens […]
Tether, the operator of the world’s largest stablecoin, has recently minted another billion USDT. This transaction, however, is authorized but not yet issued. Tether CEO Paolo Ardoino clarified that this amount will be used as inventory for future issuance requests and chain swaps on the Ethereum blockchain.It’s important to note that these newly minted tokens […]
