Immunefi suspends TrustSec amid bug bounty dispute

When Tesla CEO Elon Musk revealed his company’s Bitcoin (BTC) exposure and announced the launch of crypto payments, BTC took off to reach its all-time high. Shortly thereafter, however, Musk started tweeting about concerns over BTC’s environmental impact and Tesla reversing its crypto payments policy, leading to Bitcoin losing half of its value and the…

As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool. 459 Total views 28 Total shares High-profile security incidents continue to be a theme in 2022 as the Acala Network joined a long list of stricken platforms to…

The cryptocurrency space needs regulatory certainty and the current definition of cryptocurrency is too broad, said the CEO of crypto finance startup CIrcle, Jeremy Allaire, in a blog post on May 20.Allaire’s statement comes in the wake of the “geofencing”  of nine different coins for United States-based clients of digital currency exchange Poloniex, which is…

New York-based digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young (EY).Fireblocks, which provides an institutional-grade platform for secure transfer of blockchain-based digital assets, received the Service Organization Control (SOC) 2 Type II certification performed by EY, the firm said in a press…

Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% in 2022. 64 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCryptocurrency mining giant Canaan continues to generate significant revenues from crypto operations despite the ongoing crypto mining…

Most of the new tokens launched in 2024 have fared poorly compared to their predecessors. However, institutional investment has helped some succeed.

Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether. Crypto gambling site Stake has experienced $16 million in withdrawals on Sept. 4 in what security platform Cyvers Alerts is calling “suspicious transactions.” The withdrawing account has been labeled “Stake.com Hacker”

The financial regulator is trying to bring companies offering crypto services into line with requirements that came into force in October.