Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single crypto theft.
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New York AG pushes prohibition of crypto purchases via retirement funds
The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in publicly traded blockchain-based businesses in retirement accounts. 377 Total views 9 Total shares The turmoil surrounding crypto exchange FTX and Sam Bankman-Fried (SBF) reaffirmed regulators’ belief about the need for stricter oversight across the crypto ecosystem.…
‘I’ve never paid with crypto before’: How digital assets make a difference amid a war
The ongoing conflict in Ukraine has become a stress test for crypto in many tangible ways. Digital assets have emerged as an effective means of directly supporting humanitarian efforts, and the crypto industry, despite enormous pressure, has largely proved itself a mature community — one ready to comply with international policies without compromising the core…
Time to pump? Data suggests traders intend to push Filecoin (FIL) above $100
Filecoin (FIL) accumulated 65% gains over the past 30 days to reach its highest price since June 8. The recent strength was accelerated after an Aug.6 partnership with Chainlink's oracle protocol on Aug. 6 allowed the projects to join their grant initiatives to speed up the development of hybrid smart contracts to leverage code running…
Singaporean investors’ appetite for crypto is key to mainstream adoption — Survey
Independent Reserve’s survey revealed a strong affinity for various financial opportunities brought forward by decentralized finance and other investment opportunities. 212 Total views 24 Total shares As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to…
Ripple CEO says XRP ETF 'inevitable' — Consensus 2024
Brad Garlinghouse said he believes the market is headed toward a $5 trillion valuation and that the advent of XRP, SOL, and other crypto ETFs is a matter of time.
Cosmos Hub postpones vote date following white paper revision
A revised vision of the Cosmos Hub is now expected to be on chain for voting on Oct. 31, after being originally scheduled for Oct. 3. 66 Total views 1 Total shares An updated version of the Cosmos Hub white paper went live on October 29, with the community now set to vote on the document. According…
Why is the crypto market up today?
The crypto market is up today as crypto traders anticipate a Trump victory in November following a failed assassination attempt on the former president.
Avalanche’s HyperSDK blockchain upgrade hits 143K TPS on testnet
Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines. 14 Total views 1 Total shares Smart contract layer-1 blockchain network Avalanche's testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade.Avalanche is currently testing a framework for building high-performance Virtual Machines