Base blockchain exploit leads to $1M theft — Cyvers Alerts
An exploit on the Base blockchain revealed major vulnerabilities leading to $1M in stolen funds and raising security alarms in DeFi.
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The ECB is wrong about Bitcoin — It’s central banks that are unfair
The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem.
Bitcoin analyst: $100K BTC price by February 'completely within reason'
BTC price trajectory appears all but destined for six figures in the mid-term — despite almost eight months of Bitcoin market consolidation.
Chiliz’ Socios.com secures in-principle license approval in Malta
A Class 3 VFAA license will allow Socios.com to provide any digital asset service and hold or control clients’ assets as they provide virtual financial asset services.
Ripple files Form C, appeals SEC ruling on XRP institutional sales
Ripple challenges SEC’s ruling on institutional XRP sales, claiming the Howey test was misapplied.
A truly decentralized system would decentralize authority — Cardano exec
Cardano Foundation chief technology officer Giorgio Zinetti told Cointelegraph that centralized authority is good for speed, but decentralized governance offers long-term sustainability.
Homeowner lawsuit over $170K crypto theft rejected on appeal
A United States appeals court said a district court was right to toss Ali Sedaghatpour’s lawsuit claiming that his insurer, Lemonade Insurance, should cover him for a crypto scam loss.
South Korea to ramp up oversight of cross-border crypto transactions: Report
South Korea’s finance minister, Choi Sang-Mok, said the country will introduce reporting mandates on cross-border crypto transactions to combat foreign exchange crime.
Too early to say Ethereum L2s are ‘cannibalistic’ to revenue: Sygnum Bank
Ethereum daily fees hover between $1 million to $5 million — far less than the $30 million that was consistently reached throughout 2021 and 2022.
Thailand crypto market is shifting away from retail: Binance Thailand CEO
Thailand is shifting focus to a more mature institutional-focused crypto market, according to the chief executive of Binance Thailand.
Netherlands seeks input on crypto tax monitoring laws to align with EU
The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.”
Rotation out of ETH into SOL causes another surge in bearishness
The Ethereum FUD fires are burning hotter than ever as Ether has fallen against Bitcoin and Solana while developers are fighting the flames.
BingX launches ‘ShieldX’ wallet firewall months after $52M hack
The Singapore-based crypto exchange says the new security initiative dubbed “ShieldX” will help prevent future exploits and better safeguard user assets.
Microsoft shareholder proposes firm look into investing in Bitcoin
Microsoft’s board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.
US government crypto wallets hacked for $20M — Arkham Intelligence
According to onchain analytics firm Arkham Intelligence, the malicious address currently holds approximately $13 million in assets.
India mulls new crypto ban to support CBDC, Lazarus Group strikes again: Asia Express
India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.
Standard Chartered predicts Bitcoin surge to $125K with Trump win
A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto.
US lawmaker claims crypto PACs forced out ’important voices in Congress’
Representative Summer Lee took aim at crypto-backed Super PACs funding media buys that could have contributed to two Democratic lawmakers losing their primaries.
Fireblocks launches $1M grant program to boost PYUSD developer adoption
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects.
Solana again clocks record-breaking fee revenue
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.
Pennsylvania House of Representatives passes pro-crypto bill
Co-founder of the Satoshi Action Fund Dennis Porter dubbed the legislation the “Bitcoin rights” bill.
Crypto-native AI will transform Web3: Coinbase Ventures
It will ultimately create a world where autonomous AI agents freely interact with humans onchain, the venture capital firm said.
OpenAI’s ‘AGI Readiness’ chief quits — ‘I want to be less biased’
Miles Brundage says neither OpenAI nor the world are ready for artificial general intelligence.
R3 explores strategic options amid blockchain industry challenges
R3 started out as a consortium and grew fast. Now it is reportedly waiting to see where fate takes it next.
Altcoin season ‘more probable’ once Bitcoin hits $80K — Hashkey Capital
Analysts at Hashkey Capital say altseason could find firmer footing once Bitcoin trades above $80,000.
‘Unusually’ large Bitcoin ETF inflows spark concerns of BTC price decline
Large surges in spot Bitcoin ETF inflows have historically been “followed by bearish price movements,” leading one analyst to warn that a price decline could follow.
Ankr integrates TON into Web3 API services for developers
According to Ankr, the integration will eliminate node management for developers, allowing faster development into the TON network.
Independence Day director creating TV series based on Web3 game
The show, which is based on the "Space Nation" game, plans to use non-traditional distribution channels.
Polymarket claims to have identified Trump whale
According to the current Polymarket 2024 US election odds, former President Trump is favored to win all six US swing states.
Bitcoin whale accumulation hits 670K all-time high amid BTC’s v-shaped bounce
Despite this week’s Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming.