The New York State Department of Financial Services (NYDFS) has announced new regulations aimed at safeguarding investors in the cryptocurrency market. Cryptocurrency companies will now be required to submit their listing and delisting procedures for approval to the NYDFS. The regulator will evaluate these procedures based on stricter risk assessment guidelines, considering factors such as […]
Is your Bitcoin wallet at risk due to outdated technology? A recent report by cryptocurrency startup Unciphered reveals a potential security threat to Bitcoin wallets created before 2016. Dubbed “Randstorm,” this software flaw affects wallets generated by BitcoinJS between 2011 and 2015. The flaw could have impacted approximately 1.4 million Bitcoin, with a potential value […]
The Museum of Modern Art (MoMA) in New York is making waves in the traditional art world with its recent acquisitions of groundbreaking generative art pieces. MoMA has added Refik Anadol’s “Unsupervised — Machine Hallucinations” and Ian Cheng’s “3FACE” project to its collection, marking the first-ever inclusion of artificial intelligence (AI) and nonfungible token (NFT) […]
The dYdX Chain, a decentralized derivatives trading platform, has reached a significant milestone with the launch of its beta mainnet stage. This transition was made possible through a governance vote that received overwhelming community support. The beta stage allows for active trading across 33 markets, offering users the opportunity to engage in trading with leverage […]
The Delaware authorities have launched an investigation into a false filing for a BlackRock XRP ETF. The filing, which appeared on the Delaware Department of State Division of Corporations website, claimed that BlackRock had filed for an XRP Exchange-Traded Fund. However, BlackRock quickly denied the allegations, stating that it had only filed for a Spot […]
GROK, a memecoin inspired by Elon Musk’s Grok xAI chatbot service, has experienced a significant drop in value after it was revealed that its developer has a history of involvement in crypto scams. Despite its name and logo resembling Musk’s company, the token is unrelated to it. On-chain investigator ZachXBT uncovered evidence that the developer […]
In the midst of discussions surrounding the potential approval of a Bitcoin spot price exchange-traded fund (ETF) in the United States, market analysts and cryptocurrency experts are divided on the future of Bitcoin’s price. Peter Schiff, a well-known critic of Bitcoin and advocate for gold, predicts a crash in the cryptocurrency’s value before the ETF […]
Raft, a decentralized finance platform, recently experienced a security breach despite undergoing multiple security audits. The breach resulted in a loss of $6.7 million worth of funds. The hacker exploited a smart contract glitch to mint 6.7 million R tokens by borrowing 6,000 Coinbase-wrapped staked Ether (cbETH) on Aave. The primary cause of the exploit […]
In a groundbreaking development for the Ripple (XRP) community, a new upgrade for the XRP Ledger (XRPL) is on the horizon. The “fixNFTokenRemint” amendment has passed the required consensus target and is now set to enter the 14-day activation countdown period, with an ETA of November 27. This amendment aims to address the challenges associated […]
US District Judge Analisa Torres has set important dates for the ongoing legal battle between Ripple Labs and the SEC. The court order outlines the schedule for the remedies briefing and discovery phase of the SEC v. Ripple lawsuit. The key dates to remember are as follows:- February 12, 2024: Remedies briefing officially begins, marking […]
