Scientists breach cryptographic algorithms with quantum computer: SCMP
Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack.
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Gary Gensler teases details of SEC’s $5 billion take from enforcement actions, shades crypto
Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors. 161 Total views 1 Total shares The United States Securities and Exchange Commission (SEC) chief Gary Gensler’s speech before the 2023 Securities Enforcement Forum shed light on the regulatory body’s enforcement actions that led to

Major Ethereum Software Client Upgrades in Preparation for Constantinople Hard Fork
The Ethereum (ETH) Constantinople upgrade appears to be proceeding as planned, as a widely used Ethereum software client has published new code that includes a Constantinople activation time on GitHub Dec. 11.The post reads that Geth, which stands for Go Ethereum, v1.8.20 is a special release that will “finally” enable the Constantinople hard fork on…

‘No loss’ lottery protocol PoolTogether among most utilized protocols in DeFi: Messari
Since launching its V3 iteration in October, PoolTogether has paid out more than $750,000 in risk-free lottery returns. 1609 Total views 15 Total shares Data published by crypto analytics provider Messari indicates that PoolTogether’s V3 no-risk lottery platform has amassed more than 6,000 users since launching in October.Messari asserts that PoolTogether’s user base ranks it…

Binance-backed Indonesian crypto exchange considers IPO
Jakarta-based Tokocrypto received an undisclosed investment from Binance in May 2020. Jakarta-based crypto exchange Tokocrypto is considering a public market debut over the next two or three years, Nikkei reports Wednesday.“I'm saying two years because we need to be profitable for at least more than two years before listing. We are already profitable now. Our…

Bitcoin briefly flippens Swiss franc after rally to new ATH
The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. 1582 Total views 21 Total shares After hitting a new all-time high price approaching $67,000 earlier on Wednesday, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc.According to data from…

USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users. 457 Total views 5 Total shares USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized…

Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it
A rug pull is a type of crypto scam that occurs when a team pumps their project’s token before disappearing with the funds, leaving their investors with a valueless asset. Rug pulls happen when fraudulent developers create a new crypto token, pump up the price and then pull as much value out of them as…

Nasdaq files to list VanEck spot Avalanche ETF
Nasdaq has filed to list the VanEck Avalanche ETF, expanding spot crypto product offerings as VanEck eyes SEC approval for AVAX-based exposure. 253 Total views 1 Total shares American stock exchange Nasdaq has filed an application with the United States Securities and Exchange Commission (SEC) to list and trade shares of the VanEck Avalanche Trust