Category: Blockchain

The Nasdaq-listed cryptocurrency trading platform Coinbase Global Inc has said that about 6,000 of its platform users have fallen victim to a phishing attack that saw third parties gain access to such customers’ data, including names, addresses, and emails, amongst others. Per Reuters recent report, citing a letter shared with the affected customers, the hack took place between

Ethereum 2.0 deposit contract continues to see an uptick in investments based on a surge in the total value locked (TVL). Crypto analytic firm Glassnode said: “The total value in the ETH 2.0 Deposit Contract just reached an ATH of 7,824,674 ETH.” Market analyst Lark Davis had previously stated that the Ethereum 2.0

A recent report by the International Monetary Fund (IMF) has highlighted that the current evolution in the digital currency ecosystem presents both opportunities and challenges for the broader financial ecosystem. According to the report, the IMF pointed out the potential advantages that may emanate from the growing adoption of digital currencies, including the boost to

The prices of cryptocurrencies are mixed as the new week begins, with Bitcoin trading below the $48,000 level. The flagship cryptocurrency by market cap rose by about $2,500 within a matter of minutes on Friday, October 1 and was trading around $48,000 for most of the weekend, having spent more than a week before that

Tezos (XTZ) went on a rampage this weekend, riding on the back of rejuvenated protocol functionalities powering a boom in decentralized finance (DeFi) and Non-Fungible Token (NFT) functionalities. While Tezos is notably amongst the very first scalable Proof-of-Stake (PoS) network protocols, it has sat on the sidelines in DeFi and NFT innovations in the past

El Salvador’s decision to use volcano power to mine Bitcoin (BTC) was propelling the leading cryptocurrency’s quest to accelerate the development of renewable energy, according to CNBC. Therefore, this approach was boosting Bitcoin’s carbon footprint of making crypto mining green. Precisely, El Salvador’s move into volcano-powered BTC mining made the case that Bitcoin can act

Bitcoin (BTC) has been in a ranging market ever since the leading cryptocurrency experienced a significant pullback, which prompted a $10K daily loss from the $52,000 level. Nevertheless, the realized capitalization has been on an upward trajectory after hitting a record high. On-chain metrics provider Glassnode explained: “Bitcoin realized cap just reached an ATH

Visa Inc. has taken further a step toward achieving its vision for Central bank digital currencies.  The payment giant recently announced that it is working on a universal payment channel (UPC) that would enable different digital currencies such as CBDCs and private stablecoins to be interoperable with each other to make payments. Visa disclosed that it is developing

Binance cryptocurrency exchange has announced hiring two IRS special agents to ramp up its compliance efforts as it navigates complex regulatory issues in a still-evolving industry.  Last Thursday, September 30, Binance announced that it has named former IRS special agent Tigran Gambaryan as the vice president of Global intelligence and investigations. Besides that, Binance also disclosed

KuCoin cryptocurrency exchange has announced its intention to close all accounts associated with customers of mainland China, following the People’s Bank of China (PBOC) recent reviving its fresh crackdown on cryptocurrency trading. On October 3, the Seychelles-based crypto exchange stated that all users from mainland China would have to close their accounts and withdraw their