Ronin Network exploited for $9.8M in ETH, white hat hacker suspected

Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTether wobbles as UST stays under $0.60Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it exited the range in which it had traded since the start of 2021.At…

On April 14, Bitcoin (BTC) reached a $64,900 all-time high after accumulating 124.5% gains in 2021. However, a 27.5% correction followed over the next eleven days, marking a $47,000 local bottom.The popular Crypto Fear and Greed Index reached its lowest level in 12 months on April 25, signaling that investors were closer to "extreme fear,"…

Hong Kong's securities regulator, the Securities and Futures Commission (SFC), has officially released regulations for crypto fund managers. The SFC published the regulatory circular on its website on Oct. 4.In the 37-page document titled “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets,” the SFC provided terms and conditions…

Cardano’s ERC-20 converter tool with built-in two-way convertibility will soon be open for beta testing. 4749 Total views 42 Total shares Decentralized finance on the Cardano blockchain is drawing closer to becoming a reality, with a token migration bridge soon to enter the testing phase.According to Francisco Landino, project manager at Input Output Hong Kong, or…

Michael Hsu said this approach would require more cooperation from both federal and state regulators, with “less regulatory competition” and “more interdependence.” 92 Total views 39 Total shares Michael Hsu, the acting head of the United States Office of the Comptroller of the Currency, hopes to address gaps in supervision for companies dealing with cryptocurrencies.In…

The vulnerability allegedly allows Web3 apps using the Starknet protocol to bypass the security protection of private keys in MPC wallets, potentially exposing users' private keys to wallet providers. 474 Total views 4 Total shares Own this piece of history Collect this article as an NFTCertain multisignature (multisig) wallets can be exploited by Web3 apps…

China’s leading blockchain network to fund startups willing to develop on it. 5666 Total views 20 Total shares The Nervos Foundation has announced the launch of a fund in collaboration with CMB International, a wholly-owned subsidiary of China Merchants Bank.The $50 million fund named “InNervation” will be used to make early investments in startups that…

Quantum annealing systems could impact the finance and blockchain industries in a major way.

A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term.Bitcoin 12-hour USD price at FTX. Source: TradingViewRecent negative remarks from lawmakers continued to curb investor optimism. In an interview with Cointelegraph, Swiss National Bank…