Liminal blames compromised WazirX devices for hack, claims UI not responsible

July 19, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Compromised WazirX devices provided “legit transaction details” to Liminal’s network, allowing the attacker to drain the exchange’s funds, the MPC provider claimed.

The bitcoin (BTC) price is unlikely to break $40,000 in 2019, Bitcoin Knowledge podcast host Trace Mayer declared as part of new analysis on June 24.Uploading fresh readings from his price forecasting tool, the ‘Mayer Multiple,’ the serial commentator and bitcoin proponent said that current trajectory should favor an end-of-year bitcoin price of $21,000.This, while…

Cointelegraph Feed

Malaysia adopts Worldcoin for personal verification and digital ID

Malaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology.

Vitalik: L2 transaction fees need to be under 5c to be ‘truly acceptable’

Ethereum (ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”Buterin made the latest comments in response to a Twitter post from the Bankless podcast host Ryan Sean Adams, who shared a screenshot of the average transaction fees for eight Ethereum Layer-2 platforms. The data is from…

Cointelegraph Feed

Nigeria restricts fintech onboarding to stop KYC-evading crypto investors

Nigerian fintech firms OPay, Kuda Bank, Moniepoint and PalmPay were directed to pause the creation of new accounts amid an ongoing audit of their KYC processes.

Eldrige leads Digital Currency Group’s maiden $600 million debt funding round

Davidson Kempner Capital Management, Francisco Partners, and Capital Group were among the investors in Digital Currency Group's debut into the debt capital markets. 88 Total views 42 Total shares On Thursday, the Digital Currency Group (DCG) announced that it has raised $600 million in a new credit facility, making its debut into the debt capital…

This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining

It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining stems from fossil fuels.But SAITech,…

Public or Private Blockchains: Salesforce Exec Sparks Community Debate

The question of whether enterprises should use public or private blockchains for business has become extremely relevant today. A recent report from Fortune Business Insights predicted that the blockchain market will reach $21 billion by 2025, highlighting the fact that large companies are adding momentum to the market through new investments. Unsurprisingly, as more players enter…

Cannabis and Crypto: Equal Beneficiaries in the Fight to Hit the Mainstream

Cryptocurrency caught mainstream attention when the industry’s total market cap hit $600 billion at the end of last year. The highly anticipated cannabis industry in the United States is similarly being pushed into the spotlight by a “green rush” of investors flooding Wall Street, who expect the industry to be worth $75 billion by 2030.Aside from attracting…

Coinbase tokenized shares seem to be in free fall on FTX

The "Coinbase pre-IPO contract" has seen extreme volatility on FTX derivatives exchange. 562 Total views 6 Total shares Investors with tokenized exposure to Coinbase (COIN) shares experienced extreme volatility Tuesday, as the value of their holdings plummeted in a matter of minutes.The selloff took place on FTX, a leading derivatives exchange, where the COIN-USD stablecoin…

Share this: