Crypto payment service Payeer hit with record $10M fine in Lithuania
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.
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Penpie protocol exploited, suffers $27M loss
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.
Post-Hack, Binance Plans to Re-open Withdrawals and Deposits Tomorrow
Changpeng Zhao (CZ), CEO of major crypto exchange Binance, has announced that the platform plans to fully resume deposits and withdrawals tomorrow. CZ made the announcement in a security incident update published on May 12.As reported, Binance had suspended deposits and withdrawals as it worked to rehaul its security systems in the aftermath of a…
Missing words in a seed phrase: How many are recoverable?
Remembering and deliberately missing a few words from a seed phrase backup is not a good idea, as one can hack up to four words.
Sen. Warren queries SEC chair on lack of crypto investor protection
The former presidential candidate has written to the SEC chairman for answers about plans for crypto consumer protection protocols in the United States. 557 Total views 9 Total shares Senator and former United States presidential aspirant Elizabeth Warren has once again raised alarms about the current regulatory climate for crypto in the country.According to Reuters,…
Coming Soon: Craig Wright The Movie (and Book)
Calvin Ayre, the most high profile supporter of Craig Wright, is funding a new documentary and book about the life of the Satoshi claimant. Bitcoin SV benefactor Calvin Ayre has announced he’s funding a documentary centered around the life and times of Craig Wright, the Australian man who claims to have invented Bitcoin.According to an…
Bitcoin runs the world: Traveling to 40 countries in 400 days with BTC
A fast-moving Bitcoiner has run through 7 of 40 countries on his Bitcoin-powered marathon around the world.Paco the Runner, also known as Paco de la India, set off on Sept. 17, 2021, paying for his entire running trip thanks to all the Bitcoiners around the world. He’s showing that “Bitcoin gives everyone freedom in the…
Iran’s President Asks Gov’t to Plan National Crypto Mining Strategy
Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. 2579 Total views 38 Total shares Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining…
The state of Solana: Will the layer-1 protocol rise again in 2023?
Despite the latest FTX-related crisis, Solana still has what it takes to win the layer-1 race, according to the head of strategy at the Solana Foundation, Austin Federa. 367 Total views 1 Total shares Own this piece of history Collect this article as an NFTAbout two months after the FTX collapse, the Solana network is…