5 things Ethereum ETFs could mean for altcoins
What will Ethereum ETFs mean for your favorite altcoin projects? Some will clearly benefit, but others — like Solana — may lose.
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Pro-Trump MAGACOIN crypto launch marred by website data breach
The launch of a cryptocurrency developed by Donald Trump supporters last week has been marred by a website data breach. According to The Guardian, user information including IP addresses, email addresses and passwords were accessed via a poor security configuration on the project’s website. The crypto is dubbed MAGACOIN after former President Trump’s “Make America…

Samsung Expands Its Blockchain DApp Kit With New Services, Updates Wallet
South Korean tech giant Samsung has expanded its blockchain and decentralized application (DApp) Software Development Kit with two new services.Galaxy of multi-service blockchain appsPer the press release shared with Cointelegraph on Aug. 6, Samsung has integrated a digital analytics DApp dubbed “Jupiter” and a QR code-based password wallet “Mars” into Galaxy S10 and newer version…

Bitcoin rises above $36K as 24-hour crypto liquidations pass $500M
Bitcoin (BTC) edged higher after Wall Street opened on Feb. 24 with Russia's Ukraine invasion and its aftermath still top on markets' agenda. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRisk sentiment set to be "dominant driver" in cryptoData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $36,400 on Bitstamp two hours after the opening bell,…

Kazakhstan grants Binance permanent license to offer digital asset services
The AIFC Financial Services Authority in Kazakhstan granted Binance a permanent license to a digital asset platform and provide custody services in the country. 267 Total views 4 Total shares After a build-up of multiple memorandums of understanding (MoU) and an initial “in-principle” approval to operate in Kazakhstan, Binance received a permanent license to operate…

Report: Ransom Costs for Stolen Data Rose 200% From 2018 to 2019
On average, ransoms demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019. 1137 Total views 21 Total shares On average, the ransom demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019.According to a report published on June 5 by cybersecurity firm Crypsis Group, the average ransom demanded by cryptocurrency…

Canada central bank assesses innovations and challenges of DeFi
The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance. 321 Total views 2 Total shares The Bank of Canada published a staff note on decentralized finance (DeFi) on Oct. 17, assessing the innovations that made

Euler Finance attack: How it happened, and what can be learned
The March 13 flash loan attack against Euler Finance resulted in over $195 million in losses. It caused a contagion to spread through multiple decentralized finance (DeFi) protocols, and at least 11 protocols other than Euler suffered losses due to the attack.Over the next 23 days, and to the great relief of many Euler users, the…

El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
Chivo, El Salvador's official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says. 554 Total views 15 Total shares El Salvador, the first country to make Bitcoin (BTC) a legal tender, has onboarded 4 million users for its government-backed BTC wallet Chivo in partnership with digital identity provider…