Low Bitcoin and Ethereum fees may not necessarily be good news

The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the platform.Wormhole is a token bridge that allows users to send and receive crypto between Ethereum, Solana, BSC, Polygon, Avalanche, Oasis, and Terra without the use of a centralized exchange (CEX). This is the largest…

The “Digital Asset Issuance” legislation will also create a regulatory body, and establish a legal framework for all digital assets. 1000 Total views 11 Total shares Own this piece of history Collect this article as an NFTEl Salvador has passed landmark legislation providing the legal framework for a Bitcoin-backed bond — known as the “Volcano…

Cryptocurrencies are a rapidly growing market that is changing how people invest, buy and sell goods and services, and transfer money. However, with the growth of this market comes an increasing need for legal and regulatory compliance, particularly concerning issues such as money laundering, fraud and data protection.As a result, there is a demand in…

The “top-tier” exchanges as ranked in a report by CryptoCompare increased their market share to 96% in February 2022. 479 Total views 24 Total shares The top centralized cryptocurrency exchanges have reached all-time highs for market share this year as trading volume in crypto consolidates onto the platforms of only a few trusted companies.So named…

Gnosis shaped its DAO based on the concept of futarchy. 1810 Total views 14 Total shares Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own Decentralized Autonomous Organization, or DAO, called GnosisDAO.“This will have the effect of progressively decentralizing Gnosis as a project using a native governance…

Malware payouts from insurance companies pose a threat to U.S. national security. Two offices of the U.S. Department of the Treasury have issued advisories on ransomware payouts, which they say pose a threat to national security. The Financial Crimes Enforcement Network or FinCen reminded cryptocurrency processing companies of their duty to file suspicious activity reports when…

Bitcoin (BTC) may have hit six-week lows of under $20,000 but its network fundamentals are anything but bearish.The latest on-chain data shows that, far from capitulating, hash rate and difficulty are making snap gains.Data supports "doozy" difficulty jumpDespite being down around 7% in a week, BTC/USD is not putting off miners, who have recently exited…

Technology company Nvidia outperformed Bitcoin over the past decade, but cryptocurrency executives see slim chances of a repeat.

Miners used an empty warehouse of an electricity supply company to plug into the grid and mine crypto on a variety of devices, including gaming consoles. 792 Total views 7 Total shares Ukrainian authorities have raided an allegedly illicit crypto farm in the country. According to an official announcement from the Security Service of Ukraine,…