Bitcoin’s Open Secret: Lightning Is Making Better Online Payments Possible

Telegram trading bot Unibot said it would reimburse any stolen funds after being the victim of a token approval exploit that drained the protocol for over $600,000."We experienced a token approval exploit from our new router and have paused our router to contain the issue,” the protocol posted on X. “Any funds lost due to

Apr 14, 2020 at 12:00 UTCUpdated Apr 14, 2020 at 12:13 UTCThe Financial Stability Board (FSB) has warned national regulators to review standards and address any possible disruptions caused by global stablecoins such as Libra.In a consultation report published Tuesday, the FSB – a G20 body advising on ways to improve the global financial system…

The sole exception is bitcoin, “which, by virtue of the decentralization stemming from the design of its blockchain protocol, the Securities and Exchange Commission (SEC) and other regulators characterize as a commodity rather than a security,” wrote analyst Mark Palmer.

Prometheum is seeking to blaze a new trail as an SEC-compliant crypto firm, beginning with a custody operation that intends to start its business by holding customers' ETH.The company's executives say the firm will follow with a number of other tokens before launching its trading operations, targeting the second quarter of 2024 to open its

Jul 22, 2020 at 18:41 UTCBlocknative claims to have identified a sophisticated heist. (Jason Pofahl/Unsplash)Mempool Manipulation Enabled Theft of $8M in MakerDAO Collateral on Black Thursday: ReportThe Takeaway: A company that keeps data on Ethereum mempools around the world, Blocknative, may have an explanation for the $8 million attack on MakerDAO on Black Thursday.Mempools are…

ConsenSys, the ethereum-focused venture studio, has just acquired Planetary Resources, a space venture hoping to mine asteroids. Planetary Resources announced Wednesday that ConsenSys conducted an asset-purchase transaction, taking over the firm, with president and CEO Chris Lewicki and general counsel Brian Israel joining the ethereum-focused startup as a result. The terms of the deal were not…

Oct 19, 2020 at 01:25 UTCUpdated Oct 19, 2020 at 01:26 UTCJuan Benet, Filecoin founder (Credit: CoinDesk archives)Filecoin, a decentralized storage network launched by Protocol Labs, is off to a rocky start after a strike by miners just one day after its highly anticipated miannet launch on Oct. 15. Five of its largest miners turned off…

Aug 25, 2020 at 14:29 UTCAnother Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card PaymentsLast month, Bitcoin Lightning startup Strike announced  it would be working with the world payment giant Visa. Now, another startup in the same vein, LastBit, which just launched its app in beta, will be going through the same…

After a staggering crypto rally, primarily led by Bitcoin, it is fair to say that the approval of spot bitcoin U.S. ETFs in January approval was a game-changer. Since January 10, crypto’s total market cap has surged from $1.5 trillion to $2.4 trillion, a 60% increase. Nonetheless, crypto remains a nascent and niche asset class