The cryptocurrency ether (ETH) has experienced a significant increase in lost funds since March 2023, with losses attributed to bugs and user errors surging by 44%, according to Conor Grogan, Coinbase’s Head of Product. This substantial rise highlights the ongoing…
This strategic initiative marks a significant step for the company, signifying its commitment to the Ethereum ecosystem and its belief in the long-term potential of ETH. By accumulating a substantial on-chain ETH position, the company is positioning itself to capitalize…
Conflux Network, a prominent Chinese blockchain project, has significantly advanced its infrastructure and financial capabilities with the launch of Conflux 3.0 and a novel stablecoin designed for international transactions. This dual announcement represents a substantial step forward for the project,…
MicroStrategy, the business intelligence company led by Michael Saylor, significantly increased its Bitcoin holdings last week, adding another $739.8 million to its already substantial investment. This latest purchase brings the company’s total Bitcoin ownership to a staggering 607,770 BTC, solidifying…
The Cryptocurrencies and Regulation of Official Digital Currency (COINS) Act, currently making its way through the Indian legislative process, holds significant implications for the future of the cryptocurrency landscape within the country. Its potential impact, as highlighted by Vishal Achanta…
Indian Crypto Exchange Offers Generous Bug Bounty for Stolen Stablecoin Recovery An Indian cryptocurrency exchange, whose name has not yet been publicly disclosed, has launched an innovative recovery program designed to incentivize ethical hackers to help retrieve stolen stablecoins. The…
The cryptographic foundations underpinning Bitcoin and other blockchain technologies face a potential threat from the emerging power of quantum computing. A seasoned cybersecurity expert has sounded the alarm, highlighting the silent and insidious danger posed by this rapidly advancing technology.…
CryptoPunks maintains its position as the leading Non-Fungible Token (NFT) collection by market capitalization, boasting a valuation of $1.8 billion, as reported by NFT Price Floor. This significant valuation underscores the continued dominance and enduring appeal of CryptoPunks within the…
BitGo, a leading digital asset custodian, has quietly submitted a confidential S-1 filing to the U.S. Securities and Exchange Commission (SEC). This significant step marks a pivotal moment for the company as it prepares for a potential initial public offering…
Aave, a prominent decentralized finance (DeFi) protocol, has taken a significant step toward bridging the gap between decentralized and centralized finance. Its community has resoundingly approved a proposal to license a centralized version of its lending protocol for integration onto…
