Penpie protocol exploited, suffers $27M loss
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.
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Will regulation adapt to crypto, or crypto to regulation? Experts answer
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What to expect from the first Coinbase-SEC hearing
As the first hearing since the SEC lawsuit on June 6, the conference is expected to be "procedural and administrative," though it may also give a sense of the litigation's tone. 66 Total views 1 Total shares A pre-motion hearing set to take place on July 13 between the Securities and Exchange Commission (SEC) and…

Stellar Node Outage Causes Two-Hour Complete Transaction Freeze
Blockchain network Stellar (XLM) stopped confirming transactions for two hours on May 15, executives confirmed following a user post on social media.Stellar, whose lumens token is currently the eighth-largest cryptocurrency by market cap, went down entirely for around 110 minutes Wednesday.The cause, it appears, was a mass offlining of Stellar Development Foundation (SDF) nodes, which…

Four Crypto Exchanges Face Stricter Regulation in South Korea: Report
Four South Korean cryptocurrency exchanges are reportedly facing stricter regulation as they aim to renew their banking accounts. As local industry media TheBchain reports on July 29, the new requirements come after the Financial Action Task Force (FATF) released recommendations on virtual currency regulations.Per the report, South Korean cryptocurrency exchanges Bithumb, Upbit, Coinone and Korbit…

New Platform Allows Businesses to Launch Their Own Cryptocurrency Exchange
On Sept. 3, the Spotware company, which specializes in providing contract for difference (CFD) and forex technology services, released its new solution that allows customers to start their own cryptocurrency exchange, says the official press release. The platform is called cXchange and the company claims it is to be the most technologically advanced cryptocurrency exchange…

Bitcoin may hit new high if US employment, inflation slows
Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen.

Law Enforcement Is Starting to Make Criminals Doubt the Dark Web
Trend Micro reveals dwindling confidence among darknet users in marketplaces due to security concerns. 1828 Total views 41 Total shares A new study revealed that the dark web marketplace users are starting to lose trust due to the authorities’ crackdown and “current volatility” within the landscape, which results in instability for the darknet sites to…

NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
"We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters," says the Bend DAO dev team. 70 Total views 20 Total shares On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt to stabilize…