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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Solana game developer Automata announces mass layoffs
"It is with a heavy heart that I am writing today to share news about team restructuring efforts we are effectuating today," wrote CEO and co-founder Michael Wagner. 181 Total views 1 Total shares Solana game developer Automata (ATMTA) will undergo "a significant headcount reduction" to preserve its ability to develop Star Atlas. After the…
Canada: Vancouver Mayor Suggests Ban on Bitcoin ATMs
The city of Vancouver, Canada, is considering banning bitcoin (BTC) automated teller machines (ATMs) due to money laundering issues, the Next Web reported on June 5.The mayor of Vancouver, Kennedy Stewart, has reportedly suggested a complete ban on bitcoin ATMs in connection with the increasing number of money laundering cases. A police report cited by…
Polygon’s ‘holy grail’ Ethereum-scaling zkEVM beta hits mainnet
Ethereum layer-2 scaling platform Polygon has released its zkEVM to mainnet beta, allowing developers to deploy smart contracts with increased finality and lower costs. 473 Total views 3 Total shares Own this piece of history Collect this article as an NFTPolygon has released its open-source zkEVM Ethereum scaling technology to the mainnet, promising reduced transaction…
The day the last withdrawal is locked
Imagine the feeling (maybe you’ve experienced this before): you’re a regular person, somewhat familiar with cryptocurrency. You’ve heard the phrase “Not your keys, not your crypto,” and sure, that makes sense for some of those sketchier exchanges, but this is Exchange Corp (let’s use this as a hypothetical example). Everybody trusts Exchange Corp. You saw…
SL Benfica Offers Cryptocurrency Payment Option for Online Store
Major Portuguese sports club SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reports on June 6.According to the report, SL Benfica partnered with cryptocurrency service Utrust to provide the new payments option. Fans and customers can now buy tickets any products on the club’s website with Utrust’s native token (UTK), or with top…
Chinese Officials Say Bitcoin Doesn’t Make the Top 10 Cryptocurrencies
Bitcoin ranks 12th in a recent blockchain evaluation index, as published by China’s Center for Information and Industry Development. 1044 Total views 14 Total shares China’s Center for Information and Industry Development, or CCID, revealed on June 18 its 18th CCID Global Public Chain Technology Evaluation Index. This index ranked 37 well-known global cryptos using…
Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO
Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said. President-elect of Argentina Javier Milei ran on a promise of economic change. The shape of the transformation will only become known after his inauguration on Dec. 10, but stablecoins will
Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack
CoinsPaid said it is now working with Estonian law enforcement and several blockchain security firms are assisting to minimize the impact of the July 22 exploit. Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3…