Crypto firms cannot naively trust engineers with code, warns Exodus CEO
Exodus CEO JP Richardson says the firm’s security team reviews all engineers’ code to prevent malicious actions.
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EU agrees on MiCA regulation to crack down on crypto and stablecoins
Officials from the European Union (EU) have agreed on a landmark law that will make life tougher for crypto issuers and service providers under a new single regulatory framework. Stefan Berger, European Parliament member and rapporteur for the MiCA regulation — the person appointed to report on proceedings related to the bill — broke the news…

NFTs take center stage at ETH Denver 2021
At ETH Denver’s virtual conference, non-fungible tokens have been in the limelight with seven mainstage presentations devoted to utility, adoption, and novel use cases — a sign of growing acceptance for what was once considered a niche or lesser application of blockchain tech.While the seven presentations have been dwarfed by decentralized finance’s 14 (not to…

Grayscale ETH ETF stems bleeding as activity spikes on Ethereum
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.

ZachXBT identifies Lazarus Group as behind Bybit $1.4B hack, wins Arkham bounty
After the Bybit exchange was hacked for over $1.4 billion, the crypto community on X reacted with support and security advice for users.

Experts: Gold outflows are pushing Bitcoin higher
Gold's prospects seem to dim as Bitcoin's glitter 1229 Total views 7 Total shares According to multiple experts, one possible reason for Bitcoin’s remarkable recent price rise are massive investor outflows from another popular inflation hedge: gold. Spot gold swooned over the past week, falling 4.62% to $1,857. The asset previously had been surging in unison…

World Economic Forum calls blockchain key to sustainable digital finance
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability. 1623 Total views 2 Total shares The World Economic Forum (WEF) believes blockchain represents a core element of sustainable digital finance -- a new paradigm that combines emerging technology with environmentally-conscious business models.In a new report published Wednesday, UBS executive Karin Oertli…

Bitcoin Price Surges to $10,380 as Trump Threatens Military Crackdown
Bitcoin price broke the $10,000 barrier and rallied to $10,380 for the first time in 3 months. 1679 Total views 34 Total shares Within the last hour Bitcoin (BTC) price abruptly surged to $10,380 after spending the last month trading in a symmetrical triangle pattern. The move above the crucial $10K mark occurred as U.S.…

Crypto Custody: Adoption Shortcut or Blockchain Purists’ Nightmare?
The major digital asset services platform Coinbase has recently announced the long-anticipated completion of a deal that has been in progress since at least May: the acquisition of Xapo’s institutional business. The move projects Coinbase Custody to the status of the world’s largest institutional digital asset custodian, securing more than $7 billion on behalf of over 120…