Cryptocurrency news
Blackberry warns Mexican crypto exchanges of lurking cyberthreat
The threat pattern suggests that attackers mainly target large companies in Mexico with over $100 million in gross revenues. The research and intelligence arm of Blackberry, a tech giant previously dominating the cellphone market, identified and alerted about a financially motiv...
Geth Ethereum network share falls 5% after fears raised of ‘black swan event’
Geth’s concentrated use is a risk as the majority of Ethereum validators could lose their staked Ether if it has a critical bug, claims one Ethereum diversity advocate. Ethereum execution client Geth has seen its market share fall after community members raised concerns over the...
FTX claims prices rally ahead of anticipated estimation hearing
While FTX is keen on refunding the investors based on Nov. 2022 market prices, FTX creditors aim for an “in-kind” repayment structure that bases the repayments on the number of tokens, not their market prices. Prices of claims on the crypto exchange FTX have increased ahead of a...
BTC price recovers from $40.3K lows with Bitcoin volatility ‘decimated’
Bitcoin is still taking stock of the ETF launches, analysts conclude, with BTC price lacking a convincing trend.Bitcoin BTC $41,010medged closer to $42,000 into the Jan. 21 weekly close with time almost up on a grim week for bulls. BTC price awaits fresh cues Data from Cointel...
Bitcoin miner Hut 8 shares tank 23% amid accusations from short-sellers
The firm’s share price decline came just before activist short-selling firm JCapital Research released an unverified report warning Hut 8 investors of an “upcoming pump and dump.” Bitcoin BTC $41,228 miner Hut 8 Corp. share price tumbled more than 23% on Jan. 18, the same day t...
Dencun upgrade goes live on Ethereum’s Goerli testnet
The long-awaited Dencun upgrade has finally arrived for the Goerli testnet, although low participation resulted in it failing to be finalized in the expected time. The Dencun upgrade, which includes a major update known as “proto-danksharding” designed to help reduce layer-2 tra...
Vitalik Buterin says L2s using Celestia are validiums, not genuine rollups
The Ethereum co-founder has sparked a debate on whether validiums are in the same category as layer 2 rollups. Ethereum co-founder Vitalik Buterin has sparked discussion on how various layer 2 scaling solutions are classified, claiming that the blockchain’s validiums are not gen...
Dubai regulator grants conditional crypto license to OKX
Rifad Mahasneh, OKX MENA’s general manager, told Cointelegraph that the license will allow OKX Middle East to offer regulated VASP services. Crypto exchange OKX’s Dubai subsidiary received a virtual asset service provider (VASP) license from Dubai’s Virtual Assets Regulatory Aut...
Fed rate cuts could be a boon for DeFi and stablecoins — Fidelity
Institutions may be tempted by DeFi products if the Federal Reserve takes the wind out of traditional financial product yields in 2024. An anticipated interest rate cut by the United States Federal Reserve could renew major institutional interest in decentralized finance (DeFi)...
Web3 apps saw 124% growth in 2023, led by Near, Klaytn, Arbitrum — DappRadar
The unique active wallets for blockchain apps more than doubled in 2023. The number of unique active wallets (UAW) that engaged with Web3 apps increased by 124% in 2023, according to a Jan. 11 report from blockchain analytics platform DappRadar. Near, Klaytn and Arbitrum led the...