‘Biggest crypto hack in history’: Bybit exploit is latest security blow to industry

Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024.

Despite the current market downturn, the Cornell University computer scientist and professor says he is bullish about crypto. 483 Total views 2 Total shares Emin Gün Sirer, creator of the Avalanche blockchain protocol, has said the current decline in crypto prices has not dampened his enthusiasm about the future of the market in general.Speaking to…

In a win for crypto app developers, incoming EU laws will force Apple to permit alternative app stores and apps without the need to go through its App Store. 1271 Total views 15 Total shares Own this piece of crypto history Collect this article as NFTTech giant Apple is gearing up to permit third-party app…

Russia’s cryptocurrency legislation, the draft bill “On Digital Financial Assets,” has been sent back to the first reading stage for significant changes, Russian daily newspaper Kommersant reported Nov. 30.According to Kommersant, the head of the council and chairman of the State Duma committee on state building Pavel Krasheninnikov said that the document has no relation…

Under pressure from regulators around the world, major exchange Binance is looking to establish a headquarters in Ireland. Until now it has operated globally for years under what its chief executive, Changpeng Zhao (CZ) has described as a “decentralized” structure.An Oct. 6 report from Irish media outlet Independant noted that Binance had established three subsidiaries…

The digital asset manager has reduced its holdings of both cryptocurrencies significantly. Grayscale Investments, the world’s largest digital asset manager, has reportedly dumped a significant portion of its XRP and XLM holdings.Data from Bybt, a cryptocurrency futures trading platform, reveal that Grayscale’s XRP holdings declined by more than 9.18 million on Dec. 29, bringing its…

Tyler Winklevoss hit back at the SEC charging Gemini, calling the action “totally counterproductive” in a series of tweets. 319 Total views 2 Total shares Own this piece of history Collect this article as an NFTTyler Winklevoss, the co-founder of cryptocurrency exchange Gemini, has hit out at the regulator charging the exchange over issuing unregistered…

Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI. 204 Total views 2 Total shares Italy’s back and forth with the emergence of artificial intelligence (AI) continues, after lawmakers in the country announced funds for those at risk of losing…

The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings.The DOJ is asserting that the state of Celsius’ financials are lacking transparency, and that key decisions like this should not be considered until the independent examiner report has been filed. The move…