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Researchers identify key circuit layer vulnerabilities in SNARK systems

August 8, 2024 by

A study by Imperial College London examined 141 vulnerabilities in SNARK systems, mostly impacting system soundness and completeness.

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1Password patches flaw in Mac version that could have created attack vector

August 8, 2024 by

The flaw consisted of missing inter-process validations, which could have allowed an attacker to hijack the 1Password browser extension or command line interface.

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Customers Bank to strengthen AML compliance after Fed scrutiny

August 8, 2024 by

The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined.

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Bitrace warns of new crypto scam using QR codes

August 8, 2024 by

The scam starts with a small payment of Tether (USDT) to the user.

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Russia legalizes Bitcoin and cryptocurrency mining

August 8, 2024 by

Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system.

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CFTC announces $1M award for crypto whistleblower

August 8, 2024 by

The notice came the same day a judge approved a $12.7 billion settlement between defunct crypto exchange FTX, Alameda Research, and the US Commodity Futures Trading Commission.

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Why is Ethereum losing market share to Bitcoin?

August 8, 2024 by

Ethereum’s underperformance against Bitcoin is largely due to competition from Solana and the weaker-than-anticipated debut of its spot ETFs.

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X halts ads for Premium+ users as Musk lawsuit challenges First Amendment

August 8, 2024 by

Musk may finally be acknowledging the sun has set on X’s ad sales, but he isn’t going quietly into that good night.

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Miner profitability falls to record lows — Blocksbridge

August 8, 2024 by

Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.

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Coinbase to expand use of Vaults for secure crypto custody — Executive

August 8, 2024 by

Coinbase currently holds approximately $270 million in customer assets.

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Montenegrin court delays Do Kwon’s extradition to South Korea

August 8, 2024 by

The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.

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Amazon faces UK merger probe over $4B Anthropic AI investment

August 8, 2024 by

Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition.

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AI hits ‘trough of disillusionment’ but AI bubble not over yet despite correction: AI Eye

August 8, 2024 by

AI revenue and abilities haven’t lived up to the hype — but Wall Street and Big Tech have plenty of good reasons to stay ‘all in.’

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Franklin Templeton’s tokenized money fund launches on Arbitrum

August 8, 2024 by

It’s a stamp of approval for the layer-2 from United States regulators.

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Solana’s first gaming SVM surpasses 1M monthly active users

August 8, 2024 by

Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO

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Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss

August 8, 2024 by

Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs.

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Hamster Kombat teases new details about ‘largest airdrop in crypto history’

August 8, 2024 by

The update comes a week after Hamster Kombat surpassed 300 million players and teased the launch of the “largest airdrop in crypto history.”

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Blockchain gets down and dirty fighting fraud at California’s DMV

August 8, 2024 by

It’s not the world’s first chain-based property transfer protocol, but it could be one of the most impactful, given its scale and prominence.

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US crypto firm BitGo wins payment license in Singapore

August 8, 2024 by

Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets.

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Pixelverse to refine Telegram mini-games with Azur Games partnership

August 8, 2024 by

Pixelverse co-founder Kori Leon said that while clicker games are trending now, attention will shift to new genres.

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Wen Lambo? Lamborghini answers with new Animoca Web3 partnership

August 8, 2024 by

Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers.

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Aave DAO and Trident launch $100M onchain fixed-yield loan

August 8, 2024 by

The collaboration aims to provide a secure, stable investment option, mitigating traditional market volatility and risks for lenders.

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Binance recovers $73M in stolen funds, surpassing 2023 security efforts

August 8, 2024 by

Binance’s proactive security measures and industry collaborations lead to the recovery of $73 million in stolen funds by mid-2024.

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Crypto trading volumes surge 19% in July, hitting $4.94 trillion

August 8, 2024 by

With both spot and derivatives trading showing robust growth, exchanges like Bybit and Binance continue to play pivotal roles in facilitating this activity.

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Over $350M Ether set for withdrawal in the next 9 hours. Can ETH price remain above $2.2K?

August 8, 2024 by

Ether could see a significant amount of sell pressure unlock at 8:00 p.m., despite ETH fractals pointing at an imminent breakout.

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Immutable to shut down NFT marketplace

August 8, 2024 by

Immutable wrote that they would rather support marketplaces within the ecosystem than compete.

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US to establish Bitcoin tax-free zone for digital economy growth

August 8, 2024 by

The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar’s global dominance.

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WazirX to reverse trades after $235M crypto hack

August 8, 2024 by

WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024.

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MetaMask users gain 2FA security via MultiversX Snap integration

August 8, 2024 by

The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection.

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Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash

August 8, 2024 by

The transfer involving the Nomad Bridge exploiter and Tornado Cash highlights the ongoing battle between privacy and regulation in the cryptocurrency industry.

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