Bitcoin stumbles as Trump announces 25% steel and aluminum tariffs

Blockchain technology has proven to be a great invention since it was introduced about a decade ago. Since then, it has powered several inventions that will have a lasting impact on humanity. Some notable examples are the Internet of Things (IoT) and smart contracts.However, some blockchain projects will touch some other areas of human endeavor…

China has formally implemented a law governing cryptographic password management as part of its pre-release plans for its central bank digital currency (CBDC).As English-language news media outlet China Money Network reported on Jan. 1, the latest regulations have become legally binding following their unveiling in October last year.Crypto security paves way for CBDCAs Cointelegraph reported,…

A recent run-up in Ether (ETH) prices against its top rival Bitcoin (BTC) appears to be at the risk of exhaustion even as analysts see the second-largest cryptocurrency as stronger among the two.In retrospect, the ETH/BTC exchange rate rose by up to 40.19% after bottoming out at 0.0553 BTC on May 23. The powerful rebound…

The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas. 1546 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTThe Bahamas government reportedly worked with former FTX CEO Sam Bankman-Fried to issue a new cryptocurrency controlled by…

The U.S. Patent and Trademark Office (USPTO) has recently awarded a patent for a blockchain-based secure system to U.S. tech conglomerate IBM, according to a patent filing published on USPTO’s website Tuesday, October 2.As IMB explains in a document first filed in September 2017, the technology enables the detection of security breaches within a network…

Reentrancy, price oracle attacks and exploits across seven protocols caused the decentralized finance (DeFi) space to bleed at least $21 million in crypto in February. According to DeFi-centric data analytics platform DefiLlama, one of the largest in the month was the flash loan reentrancy attack on Platypus Finance, which led to $8.5 million of funds lost.…

The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible token and crypto space. It also raised concerns over spoof websites that dupe victims into thinking they are using legitimate platforms in an effort to steal their NFTs/crypto. The warning comes…