$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing.
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GRX Group’s GRID Platform Hosts its First Tokenized Security
Digital advertising platform tribeOS launched its shares as tokenized securities on GSX Group’s GRID platform. 451 Total views 17 Total shares Adtech firm tribeOS launched shares in its company as tokenized securities via GSX Group’s GRID platform.According to an announcement shared with Cointelegraph on May 27, the shares were already created using GSX Group’s STACS…

11th anniversary of Bitcoin’s first halving: from $12 to $37,000
Bitcoin (BTC), the largest cryptocurrency by market value, experienced its first-ever halving 11 years ago today. As the community celebrates the anniversary of the first Bitcoin halving, it’s timely to revisit some of Bitcoin's historical milestones ahead of the next halving expected in April 2024.The first Bitcoin transaction occurred nearly 15 years ago on Jan.

Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November
The Intercontinental Exchange’s (ICE) Bakkt cryptocurrency platform could get approval to launch its physically-delivered Bitcoin (BTC) futures product from U.S. regulators next week, an unconfirmed anonymous source told tech outlet The Block Thursday, Oct. 25.Bakkt, which seeks to create a “regulated ecosystem” for institutional investors looking to gain exposure to cryptocurrency, had previously confirmed it…

Bitcoin Held by Exchanges Drops to 2019 Bull-Run Levels, Demand Rising
BTC $10,985 ETH $319 LTC $54.83 XRP $0.25 BCH $285 XMR $80.2 DASH $80 EOS $3.00 ZEC $71 ADA $0.139 NEO $11.74 BNB $20 XLM $0.096 USDT $1.0010 MIOTA $0.30 X BTC $10,985 -0.47% ETH $319 -0.76% LTC $54.83 -1.54% XRP $0.25 +2.68% BCH $285 -1.80% EOS $3.00 -2.54% advertise careers News Bitcoin News Ripple…

Bitcoin price unfazed after $150M hack of major exchange KuCoin
In an official statement, KuCoin Global CEO Johnny Lyu confirmed a major hacking attack on Sep. 26. The breach affected the firm’s Bitcoin (BTC), Ether (ETH), and ERC20 hot wallets, after private keys were leaked. Reports estimate the breach to have affected $150 million in user funds.Following the security breach, the price of Bitcoin barely…

State-Issued Digital Currencies Can Squeeze Banks, Says South Korea Central Bank
South Korea’s central bank issued a warning over central bank digital currencies (CBDCs) a week after saying it would not introduce one itself. The development was reported in local news outlet Yonhap News Agency, Feb. 7.CBDCs, which are also known variously as state-backed or government-backed digital currencies, involve a blockchain-based version of a country’s fiat…

Bitcoin Taproot locked in to improve privacy and introduce smart contracts
On June 12, Bitcoin (BTC) mining pool Slush Pool mined block 687,285 with the transaction including a Taproot upgrade activation signal. That particular block was the 1,816th to include a signal for Taproot activation by a BTC miner within the difficulty epoch that lasted from May 30 to June 13.With 2,016 blocks created every difficulty…

MakerDAO passes new ‘constitution’ to formalize governance process
The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities. 204 Total views 4 Total shares Own this piece of history Collect this article as an NFTMakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has passed a new proposed “constitution” intended to…