Massive discount fee exploit discovered in DeFi protocol DittoETH patch
A ‘warden’ of the platform discovered that an attacker could mint massive amounts of tokens by forcing token prices to diverge from their oracle prices.
Revolutionizing Bitcoin Mining: The Power of Three-Phase Systems
Bitcoin mining has seen exponential growth since the first ASIC miner was shipped in 2013, improving hardware efficiency from 1,200 J/TH to just 15 J/TH. While these advancements were driven by better chip technology, we're now reaching the limits…
Crypto Bank Anchorage Digital, BitGo Take on Custody for ARK 21Shares Bitcoin ETF
The first and only U.S. federally chartered crypto bank, Anchorage Digital, is taking on the custody role for a leading issuer of crypto exchange-traded funds (ETFs), 21Shares, the companies said in a Thursday statement.
Rebranded Fantom Project, Sonic Labs, Set to Redefine Blockchain Speed With 720ms Finality
Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs’ chief technology officer Andre Cronje showcased the network’s testnet…
Mining New Bitcoin Is More Difficult Than Ever. Here's How it Could Impact BTC Prices
The next difficulty adjustment is expected to decrease mining difficulty, potentially relieving some pressure on miners. But market sentiment and broader financial conditions could influence bitcoin's price, with possible selling pressure if the…
First Mover Americas: Bitcoin Tops $58K After U.S. Tech Stocks Rise
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Investors Turns Focus On SUI and AI Dating Meme Coin GoodEgg, Analyst Anticipates 300x In September
As the cryptocurrency market faces fluctuating trends, savvy investors are beginning to shift their attention toward emerging projects that demonstrate resilience and growth potential. With concerns over Bitcoin’s (BTC) volatile price…
DOGS memecoin ease of access can be a ‘double-edged sword’
Bitget CEO Gracy Chen believes that despite DOGS memecoin's record-breaking adoption, its ease of access for non-crypto natives may hinder its long-term success.
CEX.IO resumes UK operations, backs stricter crypto rules
Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations.
Greece plans new $330M data center to boost AI expansion
Paris-based Data4 plans to invest in Greece to develop a major AI data center hub outside of Athens, signaling a boost to the country’s digital infrastructure and economy.
Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud
Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false…
Challenges Mount For Bitcoin Miners As Difficulty Surges To Record High
A recent report by Bloomberg highlights that the difficulty of mining Bitcoin has surged to a record high, reflecting increasing competition among cryptocurrency miners. On Wednesday, mining difficulty rose by 3.5%, as reported by crypto-mining…
Failed Solana Token Scheme? Hacker Targets 2.6 Million Indian Cricket Fans With X Scam
On Tuesday, Indian cricket fans were targeted by scammers with a Solana-based token. The attackers attempted to profit from sports fans after hacking Delhi Capitals’ X account. However, the scheme failed to gain much traction despite its peculiar…
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