XRP Token Surges on Positive Outlook in Ongoing Ripple vs SEC Case

Hackers stole $484,000 on Thursday after inserting malicious code into the Github library for Connect Kit, a widely-used piece of blockchain software maintained by the crypto wallet firm Ledger. Several major decentralized finance (DeFi) protocols that use the library have been impacted, and users have been warned to avoid using decentralized apps (dApps) altogether until

Jan 6, 2021 at 9:48 a.m. UTCScammers may try to take advantage of the coronavirus pandemic to shill sketchy investments, the FCA warned. (Credit: Shutterstock)UK’s Ban on Crypto Derivatives Goes Into Effect TodayThe U.K. financial regulator Financial Conduct Authority (FCA) ban on the sale of derivatives and exchange-traded notes (ETNs) passed in October went into…

news NuCypher, an encryption startup, has raised $10.7 million in a simple agreement for future tokens (SAFT) led by Polychain Capital. Marking the occasion, the company launched its public testnet. NuCypher’s particular product is based on proxy re-encryption, which allows files to be encrypted to lots of people and for administrators to grant and revoke…

Nov 17, 2020 at 8:45 p.m. UTCTruffle's Wes McVay (left) and Tim Coulter (right) speak at TruffleCon 2018(ConsenSys)ConsenSys Acquires Blockchain Developer Toolmaker Truffle SuiteConsenSys is adding dapp development platform Truffle Suite back to its lineup of Ethereum tools.ConsenSys Chief Strategy Officer Simon Morris said Tuesday the Ethereum-focused firm has acquired the team and technology behind Truffle.The acquisition…

Germany's BTC sales and Mt. Gox reimbursements weigh over BTC. Major economies' expansionary phase, slowing inflation, and peak tech optimism on Wall Street suggest a positive outlook. It may seem like turbulent times in the crypto market amid Germany's bitcoin (BTC) sales and fears about mass liquidations by defunct exchange Mt. Gox's creditors. However, looking

Apr 17, 2020 at 16:30 UTCBIG PICTURE: “The world is grappling right now with different supply chain issues like getting ventilators and masks around the world as opposed to bitcoin mining,” says Hut 8’s CEO. (Credit: Shutterstock) In Canada They’re ‘Essential,’ In Argentina They’re Shut Down: Bitcoin Miners Reckon With COVID-19The “Great Lockdown” is redrawing…

Ledger, the Paris-based hardware wallet maker, has had a terrible week. And in large part, it seems they have themselves to blame.Things started out badly enough. Ledger’s May 16 introduction of the “Ledger Recover” seed phrase recovery service was greeted with skepticism from the crypto community, who worried about new security risks being introduced to…

Wouldn't it be nice to earn interest on your crypto holdings? Especially in a down market, those hodling crypto would love that. And ethereum-based startup Compound is launching a product to do just that. Revealed exclusively to CoinDesk, Compound's platform for allowing crypto enthusiasts to make their holdings available for short-term loans, in turn, earning…

CoreWeave, the specialized cloud service provider and Ethereum miner, has raised $50 million from Magnetar Capital to provide high-performance computing infrastructure.“With this new round of growth financing, CoreWeave will expand its offering to make high performance computing available at the industry’s best performance-adjusted cost on a vastly broader scale,” CoreWeave CEO Michael Intrator said in…