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

On Jan. 29 Bitcoin (BTC) price briefly rallied to $38,500 before retracing the move and spending the majority of the day struggling to reclaim $35,000. The wild breakout in Bitcoin price has partially been attributed to Elon Musk changing his Twitter profile to simply “#Bitcoin,” which Musk subsequently followed up with a cryptic tweet saying “In…

Hardware crypto wallet firm Ledger has faced harsh criticism from the crypto community after announcing its “Recover” service, which is an optional paid feature that will eventually allow users to back up and restore their private seed phrase.Due to concerns expressed about the security elements of Ledger Recover, the hardware wallet manufacturer decided to postpone…

Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed.

SBI plans to add support for Ether and XRP lending in the near future. 2687 Total views 14 Total shares Japanese financial giant SBI Group is introducing a cryptocurrency lending service through its crypto-related subsidiary, SBI VC Trade.According to an official announcement on Nov. 24, the new crypto lending platform will allow users to lend…

What Bitcoin Did podcaster Peter McCormack admits that he has a “weird relationship with Twitter,” as he believes it “brings out the worst in people.” He’s worked hard to build up more than half a million followers to promote his show but still isn’t sure that Twitter is a “net positive” because it “elevates a…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekStarbucks announces NFT initiative as union-busting controversy continues Nonfungible tokens continue making…

The Bitcoin Association, which promotes Bitcoin SV, says the BSV network now rivals credit card processor VISA in terms of transactions per second. It also claims BSV transaction processors (miners) receive “better returns” than on BTC.In its first annual report, the Bitcoin Association (BA) said the Bitcoin SV scaling test network had “consistently sustained 1,300 transactions…

Ripple CEO Brad Garlinghouse’s mission is to demolish bankers’ fear of cryptocurrencies and get them on board with the new asset class.During a recent interview with CNN, Garlinghouse explained that “once regulators understand you're not circumventing regulatory frameworks they get very comfortable very quickly.”Garlinghouse said that someone at the World Economic Forum in Davos told…

Thursday, Sept. 12 — Cryptocurrency markets are reporting mixed signals today after Bitcoin (BTC) stuck above $10,000 as it was earlier today, according to data from Coin360.Market visualization. Source: Coin360BTC is up 2.19% over the past 24 hours and is trading at around $10,302 at press time. The leading coin has seen slight volatility during…