DeFi protocol Nexera hacked for $1.5 million via smart contract exploit

The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21.The lower house has reportedly moved crypto-related amendments to the existing financial law to the House of Councillors at a recent plenary session.                 According to Nikkei, the amendments to two…

Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. 1302 Total views 13 Total shares A former lead developer for the Bitcoin network has postulated a possible future for the world’s most popular cryptocurrency which includes an epic price prediction.Software developer Gavin Andresen published…

Hash rate has also tumbled on the Bitcoin network. 2808 Total views 22 Total shares The Bitcoin network has slowed down amid Bitcoin’s (BTC) new price highs, causing a large number of unconfirmed transactions.According to mempool transaction count on Blockchain.com, the number of unconfirmed Bitcoin transactions surpassed 100,000 on Oct. 27. This is the highest…

The Bitcoin (BTC) hash rate has broken yet another new all-time high, according to Aug. 19 data from monitoring resource Blockchain.com.The top coin’s hash rate has continued to break previous records throughout summer, today hitting an whopping 82.5 TH/s.Bitcoin network hash rate, 1-year chart. Source: blockchain.comNetwork FundamentalsThe hash rate of a cryptocurrency — sometimes referred…

It's been almost one year since the start of the ecosystem's signature parachain auctions. 386 Total views 3 Total shares According to data from programming repository GitHub, Polkadot recognized more than 500 contributions each day in September — an all-time high for the multichain protocol. Simultaneously, data from Polkadot's cross-consensus interoperability standard XCM show that…

Coinbase, Robinhood, and representatives from the United States commodities regulator are set to testify before Congress on June 6 to discuss a newly proposed crypto bill. The trio will be sharing their firm's, or agency’s views on a proposed bill that could see certain crypto tokens classified as digital commodities, among other things.“Tomorrow I have the…

A new crypto bull run could be on its way as a result of government economic measures and mainstream interest. 2434 Total views 55 Total shares After two years of uncertainty since 2017’s mega bull run, the signs are looking promising for a big crypto rally, says the co-founder of market analytics company Digital Assets…

The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers.

Although the GENIUS stablecoin legislation faced some opposition from Democrat lawmakers, advancing the bill was a bipartisan effort. The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote. None of the amendments proposed by Senator Elizabeth Warren made it into the