2 auditors miss $27M Penpie flaw, Pythia’s ‘claim rewards’ bug: Crypto-Sec

The United States’ Senate Banking Committee raised a wave of skepticism over Facebook’s crypto project Libra during the first day of testimony on July 16.The new hearing, called “Examining Facebook's Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System” is scheduled for 10:00 AM ET, July 17.As day two is coming…

Crypto lending platform Celsius confirmed on July 13 that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York.The announcement was shared on the company’s Twitter and shared with account holders via email on July 13, with a vow to “emerge from Chapter 11 positioned for success in the cryptocurrency…

Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation. 196 Total views 12 Total shares Cryptocurrency venture firm Dragonfly has acquired a digital asset-focused investment fund for an undisclosed amount — a move that managing partner Haseeb Qureshi said mirrors the broad consolidation trend underway in the industry. Bloomberg…

Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing. 249 Total views 1 Total shares Seemingly unfazed by a recent slew of court setbacks, United States Securities and Exchange Commission Chair Gary Gensler remains headstrong that his agency should be the

The Bitcoin 2024 conference showcased dozens of protocols driving innovation on the Bitcoin blockchain. Cointelegraph’s team explored the promises and challenges emerging around the world.

One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit is moving millions of dollars worth of stolen Ether (ETH) to an unknown wallet.As Whale Alert — a service dedicated to tracking major cryptocurrency transactions — has flagged today, Dec. 3, a 10,000 ETH (~$1.5 million) transaction occurred at 7:52…