WazirX to reverse trades after $235M crypto hack

Binance declined to comment on the issue when Cointelegraph reached out to confirm the report. Binance has declined to comment on a media report that CEO Changpeng Zhao almost shuttered the crypto trading platform's arm in the United States in an effort to protect its global company.Citing anonymous sources, the tech media outlet reported that the…

CertiK’s security chief thinks inexperienced programmers using AI tools such as ChatGPT to write smart contracts is a recipe for disaster. 288 Total views 22 Total shares Artificial intelligence tools such as OpenAI’s ChatGPT will create more problems, bugs and attack vectors if used to write smart contracts and build cryptocurrency projects, says an executive

The price of Ethereum’s native token, Ether (ETH), has recovered 78% since June 2022. But this doesn’t guarantee further upside, particularly with declining trading volumes suggesting that the risk of a major correction is high. Ether volume profile drops 90% since March 2020A “volume profile” indicator displays trading activity across prices, with the blue indicating buying…

Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation.

Solana represented one-third of total inflows to institutional crypto investment products this past week. 1208 Total views 7 Total shares Institutional investors are loading up on Solana (SOL), with one-third of inflows to crypto investment products being invested in instruments tracking Solana this past week.According to CoinShares’ Aug. 23 Digital Asset Fund Flows Weekly report,…

Digital payments giant PayPal has won a cybersecurity patent to protect users from crypto ransomware, according to a document from the United States Patent and Trademark Office (USPTO) published on April 16.The system described in the patent, entitled “Techniques for ransomware detection and mitigation,” intends to improve the detection of ransomware and prevent it from…

The halving hits as commentators consider the increasing importance of fees for miners going forward, but price volatility lessens. 1680 Total views 29 Total shares Bitcoin (BTC) returned to $9,000 on May 13 as new data revealed just how much money miners are losing after the third halving.Cryptocurrency market daily overview. Source: Coin360BTC price stable…

Grayscale director of sales and business development Rayhaneh Sharif-Askary said that institutional interest in the crypto space has been strong throughout this year. The second quarter inflow was $85 million with 80% coming from institutions. Though this is positive, it shows that the inflow is only a trickle and a fraction of the firepower the…

The crypto lender has 206,300 Ether currently in the staking withdrawal queue, according to Nansen. 3623 Total views 31 Total shares Embattled crypto lending platform Celsius has confirmed it has started recalling and rebalancing its crypto assets, including Ether (ETH), as it prepares for “timely distributions to creditors.”On Jan. 5, the lending firm, which has