Vitalik Buterin: Solo staking key to Ethereum’s security
At Ethereum Singapore 2024, Vitalik Buterin explored how solo stakers strengthen Ethereum’s security and decentralization by reducing reliance on centralized entities.
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FedNow — US Federal Reserve Payment Tool a Threat to Banks, Not Crypto
At the start of August, the United States Federal Reserve Board announced its plan to release a real-time payments and settlements service in order to boost the payments infrastructure in the country. Called FedNow, the service will reportedly “permit banks of every size in every community across the country to provide real-time payments to their…

Cosmos Hub upgrades to offer liquid staking
The upgrade introduces a liquid staking module, eliminating a 21-day locking period applied for unstaked ATOM tokens. 116 Total views 2 Total shares Cosmos Hub, a blockchain part of the Cosmos Network, has been upgraded to launch a liquid staking module, enabling users to bypass the previous 21-day unbonding period by unstaking ATOM (ATOM) funds.

Bitcoin analysts map out the key bull and bear cases for BTC’s price action
Research has detailed Bitcoin’s recent record-low volatility and while traders expect an eventual price breakout, the Oct. 26 BTC price move to $21,000 is not yet being interpreted as confirmation that $20,000 has now become support. In a recent “The Week On-chain Newsletter,” Glassnode analysts mapped out a bull case and a bear case for BTC.…

Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit
Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public. 785 Total views 6 Total shares Bit Digital (BTBT), a Bitcoin mining company traded on the NASDAQ stock exchange, is the subject of a class-action lawsuit that alleges the company fabricated the…

FBI warns of phishing scams and social media account hijackers
The Federal Bureau of Investigation has warned of criminal actors that are hijacking social media accounts and posing as legitimate people in the nonfungible token and crypto space. It also raised concerns over spoof websites that dupe victims into thinking they are using legitimate platforms in an effort to steal their NFTs/crypto. The warning comes…

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks
The platform was launched in beta version on Aug. 11 and allows users to tokenize their social network by buying and selling “shares” of their connections. 375 Total views 3 Total shares Friend.tech, a recently released decentralized social (DeSo) network, has generated over $1 million in fees in 24 hours on Aug. 19, outperforming established…

Vinnik trial for extortion and Bitcoin money laundering begins in Paris
The Russian national linked to the laundering of $4 billion of Bitcoin stolen during the Mt. Gox hack is finally in court. The trial of the alleged launderer of $4 billion worth of Bitcoin (BTC), Alexander Vinnik, got underway in Paris on Oct 19.However, despite reported links to the 300,000 BTC hack of Mt. Gox…

85% of crypto rug pulls in Q3 didn’t report audits: Hacken
A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken. 143 Total views 2 Total shares Cryptocurrency rug pulls are not too difficult to spot by investors, as the majority of such scams usually share distinct and visible features, according to a new report.Blockchain security auditor Hacken