Bybit exploit exposes security flaws in centralized crypto exchanges

The group added it would consider the benefits and challenges of granting the DAO legal status in Japan, citing the state of Wyoming approving similar legislation in July 2021. 135 Total views 3 Total shares The Digital Agency of Japan, aimed at harmonizing nationwide initiatives related to digital transformation, has launched a research decentralized autonomous…

Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law. Senator Elizabeth Warren’s crypto Anti-Money Laundering bill has been causing a massive stir in the crypto industry. But some have pointed out that the senator’s bills have a track record of not going anywhere.According

Cypherpunk Jameson Lopp highlights the need for easier-to-use, improved self-custody solutions and more on-ramp avenues to drive Bitcoin adoption. 529 Total views 1 Total shares Software developer Jameson Lopp believes improving usability and user experience of Bitcoin (BTC) self-custody solutions and making more avenues to acquire BTC will be key in further adoption of the…

Investors are signaling clear demand for the first Bitcoin ETF in Canada, but an American product remains far out on the horizon. 4712 Total views 11 Total shares The first Bitcoin ETF in North America, TSX’s Purpose Bitcoin ETF. had a gangbusters debut today trading nearly $100 million in volume. A Bloomberg Law report noted that…

The top two NFT marketplaces, OpenSea and Rarible, differ considerably in daily transaction volume. 2718 Total views 12 Total shares Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter indicate that the nonfungible token, or NFT, market has whales of its own.The largest user on OpenSea makes up $192 million in reserve capital, while the other…

The hot wallet compromise was followed by an unauthorized transfer of eight types of ERC-20 tokens including ETH, USDC, LINK and MKR. 1396 Total views 22 Total shares Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform. The hack was first…

Bitcoin has broken below the immediate support of $64,602, increasing the risk of a fall to the crucial $60,000 price level.

You can now play Solitaire, Snake, and even Counter-Strike to earn Satoshis, a tiny fraction of Bitcoin (BTC). Cointelegraph spoke to executives at Thndr Games, a play-to-earn (P2E) company built around Bitcoin, and Zebedee, a gaming platform that will “Transform gaming with the power of Bitcoin.”Thanks to the Lightning Network (LN), a layer-2 payment solution built…

Binance Charity Foundation (BCF), the charity arm of major crypto exchange Binance, has signed a Memorandum of Understanding (MoU) with Safe Future, a non-governmental organization (NGO) in Uganda focused on local education improvements. Binance announced the development in an official blog post on May 30.The Binance for Children Special Impact Education Project Uganda reportedly aims…