BingX confirms the resumption of withdrawal services following hack

In late 2017, Bitcoin piqued the interest of millions of people hoping to capitalize on the ongoing frenzy and, as a result, drew the attention of various traditional media outlets. The press seemed largely skeptical about the concept of decentralization but proceeded to report on Bitcoin’s erratic price movement.This year, as the space has become…

Vitalik Buterin addresses accusations of neglecting DeFi, defending his views on decentralized finance and the importance of sustainability and core principles of the Ethereum ecosystem. 

A new proposal wants to take decentralization a step further by decentralizing the private keys themselves. Trusting trustless bot with your crypto private keysTide, a non-profit privacy advocate, claims to have developed a decentralized technology, which gives rise to a trustless bot or Delegated Automated Trustee (DAT) on the blockchain. According to an announcement on Aug. 5,…

The highest-profile team to make the move so far, 1inch is also planning to become an infrastructure provider for the layer-1. 3678 Total views 11 Total shares As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain. In a press release today, the 1inch…

Telegram’s terminated blockchain project, Telegram Open Network, or TON, keeps spawning new community-led TON networks. While there are at least two global TON-based initiatives so far, namely Free TON and NewTON, the Chinese TON Community has opted to launch their own TON network.In a May 29 blog post, the Chinese TON Community voiced its intention to…

Bitcoin (BTC) dipped below $8,500 on Jan. 23 as traders’ expectations of a slow downtrend from recent highs appeared to slowly come true.Cryptocurrency market daily overview. Source: Coin360BTC returns to $8,400sData from Coin360 and Cointelegraph Markets showed BTC/USD reach lows of $8,480 overnight on Wednesday. At press time, Bitcoin hovered at around $8,505.The former level…

The Grayscale Ethereum Trust has posted its first day of zero outflows since its conversion to a spot ETF amid a surge of network activity on Ethereum and its layer-2 networks.

According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organizations and one unknown entity.The first beneficiariesForbes reported the news on Aug. 27. The sources named are Paul Schulte, who previously worked as head of the…