Li.Fi releases incident report following $11M hack

July 19, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit.

Bitcoin (BTC) has bounced 11% from the $39,650 low made on Jan.10 and currently the price is battling with the $44,000 level. There are multiple explanations for the recent weakness, but none of them seem sufficient enough to justify the 42% correction that took place since the Nov. 10 all-time high at $69,000.At the time…

Cointelegraph Feed

Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit

Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing.

Bitcoin ‘Burj Khalifa’ fakeout repeats as BTC price spikes to $31K

BTC price gets a $31,000 boost, but like last week, Bitcoin bulls fail to hold it — is this classic "re-accumulation?" 26 Total views 1 Total shares Bitcoin (BTC) staged a fresh breakout attempt into July 11 as the battle for yearly highs stayed hot.BTC/USD 1-hour chart. Source: TradingView$31,000 reappears in BTC price "leverage crunch"Data…

Cointelegraph Feed

Prometheum subsidiary receives FINRA approval for digital asset qualified custody

Just a moment...

Here are the best and worst times of the day to use Ethereum

Anyone who has used Ethereum in 2020 knows the frustration of paying for gas, the measure that represents a transaction’s computational weight. With gas prices sometimes rising up to 100 to 200 gwei, a unit equal to one billionth of an Ether (ETH), many users are finding themselves priced out of the action.While only a…

MakerDAO Users Vote on ‘Stability Fee’ Increase as DAI Stablecoin Peg Wobbles

Decentralized Autonomous Organization (DAO) MakerDao (Maker) will let users vote on whether or not to raise a fee used within its Dai (DAI) stablecoin, the organization confirmed in a blog post on Mar. 4.Dai, which is a USD-backed stablecoin, is different from Maker’s utility token, MKR, which is trading at $678 by press time. The…

Cointelegraph Feed

Trump’s Bitcoin sneakers are already on eBay for $2,500

Scalpers are already trying to sell Donald Trump’s just-released limited edition Bitcoin-themed sneakers on eBay for $2,500.

Is there a secure future for cross-chain bridges?

The plane touches down and comes to a halt. Heading to passport control, one of the passengers stops at a vending machine to buy a bottle of soda — but the device is absolutely indifferent to all of their credit cards, cash, coins and everything else. All of that is part of a foreign economy…

Dubai permits full operation to FTX subsidiary FZE via first MVP license

According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets. 53 Total views 1 Total shares On Friday, FZE, a subsidiary of crypto exchange FTX, was awarded Dubai’s first Minimal Viable Product (MVP) license, allowing full operation of the exchange in the region. Dubai’s Virtual Asset…

Share this: