German BaFin regulator cracks down on crypto ATMs
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States.
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White Hat Hackers Earn $32,000 for Finding Crypto Security Exploits in Last Two Months
White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20.This lump sum of over $30,000 was distributed by 15 firms from March 28 to May 16 and documented in 30 public bug reports,…
Are the BZx Flash Loan Attacks Signaling the End of DeFi?
Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000 was gleaned from the platform. But what exactly happened? Was it an exploit, a simple case of arbitrage or a malicious attack? And where does…
ACINQ Unveils Its ‘2nd Generation’ Bitcoin Lightning Network Wallet
French Bitcoin (BTC) Lightning Network (LN) implementation developer ACINQ introduced its second-generation Lightning Network wallet, Phoenix, via Twitter, on Oct. 18. A video accompanying the post demonstrates a number of wallet functions, all accessed via a user-friendly interface.From setup to receiving and making payments in under a minuteFrom a fresh install of the wallet app…
Bitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales
Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests.Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000 BTC in monthly withdrawals.Major exchanges see record BTC withdrawalsWith FTX contagion still in the air, exchange users have been busy withdrawing funds to…
Exclusive Interview With Akon on His African Crypto Revolution
Rapper and entrepreneur, Akon, shares his vision for his forthcoming Akoin cryptocurrency in this exclusive video interview with Cointelegraph.The crypto platform will enable the tokenized trading of mobile phone credits, a popular alternative to many volatile fiat currencies on the continent of Africa.In this interview preview, Akon discusses how the widespread use of mobile phone…
Altcoin Roundup: Market cycle analysis screamed ‘take profit’ ahead of May 19 sell-off
Welcome to Cointelegraph Market’s weekly newsletter. This week we will identify emerging-sector trends across the cryptocurrency landscape in order to broaden your understanding of market cycles and better equip readers to take advantage of the microcycles that are a regular occurrence in the larger market structure.The cryptocurrency sector has an established reputation for being volatile…
Set Phasers to HODL: Star Trek’s William Shatner Tweets in Support of Vitalik Buterin
William Shatner’s positive Tweet posted yesterday, Nov. 7 about Ethereum (ETH) co-founder Vitalik Buterin has led to backlash from crypto Twitter about the alleged centralization of Ethereum’s network.Shatner is a Canadian actor who became a sci-fi icon for his portrayal of James T. Kirk, captain of the USS Enterprise, in the American television series Star…
US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax
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