User loses $32 million spWETH in a sophisticated phishing attack

A new digital assets ecosystem is offering decentralized crypto trading to businesses and individuals, delivering wallet-to-wallet transactions and “cutting-edge analytical tools” that enable users to make informed decisions about the cryptocurrencies they hold, buy and sell.Volentix’s “four pillars” will underpin the beginnings of its digital assets ecosystem — one of which is VDEX, or Volentix…

BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected. 322 Total views 9 Total shares Global financial market took a hit on Nov. 30 after comments from U.S. Federal Reserve Chair Jerome Powell hinted…

After outperforming Bitcoin (BTC) and Ether (ETH) strongly in August, Decentralized Finance (DeFi) tokens are now plummeting as many registered losses of up to 50%. Cryptocurrency daily market performance snapshot. Source: Coin360At the moment, the two coins garnering the most attention are Yearn.finance (YFI) and Uniswap (UNI) as both have dropped by 46% and 48% since…

The Tron Foundation disclosed a fixed critical vulnerability which could have crashed its blockchain on vulnerability disclosure platform HackerOne on May 2.The disclosure explains that with enough malicious requests, an attacker could have filled up all the available memory and effectively perform a Distributed Denial of Service attack on the TRX network by employing malicious…

Bitcoin (BTC) will see its mining difficulty grow by 60% in the third quarter of 2019, according to new data.Bitcoin metrics show big competition in playUploading historical and future projections to Twitter on Sept. 19, well-known analyst Kevin Rooke said difficulty had already expanded at an average of 42% each quarter since 2016.With the exception of…

Russian deputies have removed the definition of crypto mining from a draft bill on digital currency regulation ahead of its next reading in the State Duma, major local news agency Interfax reports Oct. 19. Consequently, the new law will not clarify tax issues for miners.The chairman of the Duma Committee on Financial Markets Anatoly Aksakov…

The chair of the Judiciary Committee of the U.S. House of Representatives may be the first member of Congress to disclose that he owns cryptocurrency, Sludge reports Aug. 6. Congressman Bob Goodlatte (R-VA) reported that he owns between $17,000 and $80,000 in digital currency in his annual Financial Disclosure Statement. Goodlatte filed the statement on…

Return of funds does not apply to users of interest-bearing accounts, ruled U.S. bankruptcy judge Michael Kaplan. A United States judge has granted permission to bankrupt crypto lender BlockFi to return $297 million to customers with deposits held in its Wallet program, Reuters reported on May 11. The return of funds does not apply to users…

The cryptocurrency market has suddenly shifted back to Bitcoin (BTC) after several months of a decentralized finance (DeFi) frenzy. While market cap dominance remains below 60%, earlier this month, the trading dominance of BTC has spiked to levels not seen since 2017 when the price hit an all-time high at $20,000.The trading dominance of Bitcoin…