Kaspersky: Cryptocurrency Scammers Stole $2.3 Million in Q2

Coinbase’s layer 2 blockchain, Base, which launched in early August, has seen its daily transactions hit an all-time high, according to data from IntoTheBlock.Base saw 1.88 million transactions on Thursday, higher than layer 2 rivals Arbitrum and Optimism combined, which saw 780,000 and 370,000, respectively.“Interestingly, it is not decentralized finance (DeFi) applications nor non-fungible token

news Crypto custodian BitGo has added staking to its services, beginning with cryptocurrencies dash and algorand, the company said. Through BitGo Staking, coin holders can earn between 7 and 13 percent annual returns. A consensus mechanism first promoted by ethereum co-founder Vitalik Buterin, consensus mechanism Proof-of-Stake (PoS) rewards token holders with percent yields of a…

Aug 21, 2020 at 13:45 UTCUpdated Aug 21, 2020 at 14:17 UTCHopes the bottleneck on the Ethereum blockchain might now ease have sent tokens associated with decentralized exchanges – known as DEX tokens – soaring, with the token of the 0x exchange (ZRX) rallying to a two-year high on Friday. CoinDesk data shows ZRX surged…

Dec. 6: Beam, an open-source blockchain specialized for gaming and run by Merit Circle DAO, will now launch on Immutable zkEVM, a groundbreaking scaling solution powered by Polygon, according to the team: "Beam is an ecosystem and a blockchain. We want to remain chain-agnostic. Where we started as a subnet on Avalanche, we don’t want

Hackers that stole more than $60 million worth of crypto in six months are using a piece of code to bypass security alerts after maliciously gaining access to private keys, according to on-chain sleuth ScamSniffer.The wallet drainers are misusing Create2, a piece of code that is used by the likes of Uniswap to predict the

Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.Poloniex LLC, a U.S. entity previously affiliated with the Poloniex crypto exchange, will remit $7.59 million to settle sanctions violations allegations with the U.S. Treasury Department's Office of Foreign Asset Control (OFAC), the sanctions watchdog said Monday.The…

Updates to current regulations were released on Oct 18. More than 30 crypto exchanges have applied for a full license. Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has extended the deadline for crypto exchanges to meet licensing requirements to become Physical Crypto Asset Traders until the last week of November. 21:33 Is Ethereum the 'Blackberry'

Crypto storage tokens led gains for the first week of July with Filecoin’s FIL and Storj’s STORJ outperforming large cap tokens such as bitcoin and ether.The native token of the Storj protocol spiked  43% rise on Tuesday, and although it has retreated slightly since, it has recently gained 15% over the last seven days. Filecoin’s…

Mar 12, 2020 at 18:40 UTCUpdated Mar 12, 2020 at 19:42 UTCA large drop in the price of ether (ETH) is testing the feasibility of Ethereum's entire system of lending and borrowing.MakerDAO is the largest and most important application in Ethereum's decentralized finance (DeFi) ecosystem. Right now, it faces an emergency shutdown with $4 million…