May 2023 | Page 50 of 211 | Last Cryptocurrency News Feed

DeFi Lending Protocol Fintoch Reportedly Rug Pulls Investors for $31.6M

Fintoch, a decentralized finance (DeFi) protocol that offers peer-to-peer (P2P) lending and investment services, has absconded with $31.6 million in cryptocurrencies belonging to investors in an apparent exit scam. Multiple tweets from Fintoch users complaining about being unable to withdraw their assets were seen on Twitter earlier today, confirming suspicions that the platform had vanished…

CoinDesk Feed

Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet

A company of cybersecurity professionals who specialize in recovering lost or stolen cryptocurrency say they have found a way to hack into the popular Trezor T hardware wallet once it’s in their physical possession.Unciphered told CoinDesk in an extensive series of conversations and over email it made use of an “unpatchable hardware vulnerability with the…

CoinDesk Feed

Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool

The Fantom Foundation – the team developing the Fantom blockchain – removed millions of dollars in liquidity from a trading pool for the native token of Multichain on Wednesday, compounding concerns over the cross-chain bridging protocol’s stability.According to Etherscan, a wallet controlled by the foundation removed nearly 450,000 of MULTI and 1,363 ether from a…

CoinDesk Feed

Black Market for Worldcoin Credentials Pops Up in China

Worldcoin, a crypto project by OpenAI CEO Sam Altman has gained some traction in China, with users rushing to source know-your-customer (KYC) verifications on the black market.Worldcoin’s crypto wallet, World App, is not available in mainland China, according to CoinDesk's observations. Beijing has severely restricted foreign social media apps and their collection of user data…

CoinDesk Feed

0x Releases Latest Version of DEX Aggregator Matcha

Exchange infrastructure provider 0x has released its newest iteration of Matcha, a decentralized exchange (DEX) aggregator, which incorporates several features focused on enhancing the trading experience for users.Matcha rolled out a new transaction mode for users called “Matcha Auto” that makes transactions twice as likely to be included in the next immediate block whilst reducing…

CoinDesk Feed

Bitfinex Invests in Chilean Crypto Exchange OrionX to Expand Presence in Latin America

Crypto exchange Bitfinex has made an undisclosed investment in Chilean crypto exchange OrionX with the aim of expanding its footprint in Latin America, the company said on Tuesday.Founded in 2017, OrionX offers crypto exchange and wallet services in Chile and has plans to expand to Peru, Colombia and Mexico and surpass one million users by…

Cointelegraph Feed

Multichain token plunges 30% on backend upgrade delay

The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price. 157 Total views 2 Total shares On May 24, the token price of cross-chain router protocol Multichain (MULTI) fell by 30% over 24 hours to trade at $4.97 at the time of publication. The selloff came after users…

Cointelegraph Feed

Bitcoin dips 5% to key support in ‘moment of truth’ for crypto market

Bitcoin (BTC) fell sharply after the May 24 Wall Street open as a “long awaited retest” of key trend lines materialized.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin abandons uptick to retest moving averagesData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $26,154 on Bitstamp — its lowest since May 12.The latest action was…

Cointelegraph Feed

Bitfinex partnership pushes crypto adoption in Latin America

Just a moment...

CoinDesk Feed

Ava Labs Launches ‘No-Code’ Web3 Launchpad AvaCloud

Ava Labs, the company behind layer 1 blockchain Avalanche, is launching AvaCloud, a Web3 launchpad that helps businesses build no-code, fully managed blockchain ecosystems.The AvaCloud product has four main components: an automated blockchain builder, managed validators, comprehensive data tools and chain interoperability.The automated blockchain builder provides companies with access to a no-code blockchain portal that…