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Ethereum’s Path Forward: Vitalik Buterin Unveils Roadmap Enhancements
31.12.2023
In a recent update, Ethereum co-founder Vitalik Buterin released an updated 2023 roadmap for the blockchain platform, detailing notable improvements and steadfast progress. Despite similarities to the previous year’s roadmap, the updated version underscores Ethereum’s evolving...
Veteran Trader Peter Brandt Issues Scam Proprietary Trading Platform Warning
31.12.2023
According to Peter Brandt, legitimate proprietary trading firms neither charge fees on traders nor impose “restrictions on trading style or markets.” The veteran trader branded as scams any prop firm that fails to adhere to the operating conditions that he outlined. Legitimate Prop...
CAKE Token Supply Cut — Pancakeswap Community’s Decisive Vote Spurs Market Surge
29.12.2023
The Pancakeswap community has sanctioned a governance vote to eliminate 300 million CAKE tokens from the crypto asset’s total supply. Records indicate that a substantial 97.88% of community votes supported the reduction of 300 million CAKE, decreasing the total supply from 750 million to...
Ripple Expands To Ireland, Grayscale CEO Bullish On Bitcoin ETF, Pullix Presale Gains Traction
29.12.2023
In a series of developments, Ripple, Bitcoin, and Pullix are in the news again. While Ripple has expanded its operation to Ireland, Grayscale CEO believes spot Bitcoin ETFs will bring $30 trillion into the market. Presently, Pullix’s PLX, an ERC20 token, is in the presale stage. Getting...
Immediate 3.0 ReoPro Review – Scam or Legitimate Trading Platform
29.12.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate 3.0 ReoPro portrays itself as the “ultimate platform to discover trustworthy brokers”. It claims to secure users from fraud and connect them with brokers who are trusted...
Defi Platform Levana Protocol Says $1.14 Million Was Lost During an ‘Oracle Attack’
29.12.2023
The decentralized finance platform Levana Protocol confirmed on Dec. 27 that unknown attackers had drained approximately $1.14 million from the liquidity pool. The Levana team however insisted that the issue has “been fixed and opening positions will relaunch next week.”...
Immediate Ipro AI Review – Scam or Legitimate Trading Platform
29.12.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content “We can help you master the art of crypto investing fast” are the first words that appear on the official Immediate Ipro AI website. The platform claims to act as an intermediary...
Binance Reports 30% Surge in Users, Facilitates 18% More Trades in 2023, Emphasizes Compliance Strengthening
29.12.2023
Source: AdobeStock / prima91 Binance, the world’s largest cryptocurrency trading platform, has reported substantial growth in its user base, experiencing a 30% increase in users in 2023 while emphasizing its compliance with various regulations. According to its recently released year-end...
Catalyx Exchange Halts Operations Post Security Breach, Probing Potential Insider Involvement
29.12.2023
Source: Jason Hafso / Pexels Canadian cryptocurrency exchange Catalyx has temporarily suspended trading and withdrawals on its platform after discovering a security breach that it suspects may involve one of its employees. The exchange said it believes that this breach has resulted in the loss of...
L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value
28.12.2023
Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $1 Billion Initially, on Nov. 22, 2023...
Record Losses in Web3 May Be Coming as Crypto Prices Rise – Immunefi
28.12.2023
Source: AdobeStock / Andy Dean Major bug bounty and security services platform Immunefi published a report detailing the loss of funds due to hacks and fraud in the Web3 ecosystem this year – and what might await in the next. The team looked into the volume of crypto funds the community lost...
MEXC Exchange Quells Concerns: Clarifies Deleted ‘CEO’ Account Amid Withdrawal Rumors
28.12.2023
Source: iStock/PonyWang MEXC has clarified the deletion of a Twitter account named “MEXC_CEO,” explaining that the owner of the account no longer had any connection with the exchange. Last week, the MEXC_CEO Twitter account, which some users assumed belonged to the exchange’s...
Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%
28.12.2023
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help these workers secure new jobs in the Web3 space....
Elon Musk Weighs in on NFT Technology — Here’s What He Thinks
28.12.2023
Image Source: YouTube/Fox News Elon Musk has again shared his opinion about the current structure of non-fungible tokens (NFTs), noting that embedding JPEG images into a blockchain can establish exclusive ownership for enthusiasts. On December 27, Musk responded to a comment on his platform,...
Bitzlato Suspends Bitcoin Withdrawals Indefinitely After Founder Pleads Guilty to Unlicensed Money Transmitting
27.12.2023
Source: Pixabay Crypto exchange Bitzlazo has temporarily suspended the withdrawal of Bitcoins from its platform. In a Telegram post published on Wednesday, the Hong Kong-based crypto exchange announced that it had suspended special balance withdrawals and technical customer support as a “temporary...
Thunder Terminal Claims Security After $192,000 Exploit, Hacker Demands Ransom in Dispute
27.12.2023
Source: DALL·E Thunder Terminal has recently encountered an exploit. Despite the severity of the incident, the platform has assured users of the security of their funds. Yet the hacker claimed differently and demanded ransom. In a recent post published by the decentralized platform Thunder...
Tether Mints $1 Billion USDT for “Inventory Replenish” on Ethereum Network
26.12.2023
Source: Pixabay Tether has minted $1 billion USDT for an “inventory replenish,” according to CEO Paolo Ardoino. In an X post on Monday, blockchain tracking platform Whale Alert reported that the Tether Treasury had minted $1 billion of its eponymous stablecoin, USDT. Tether CEO Ardoino responded...
Ethereum (ETH), Dogecoin (DOGE), Bitcoin (BTC) Plunge After Holders Capitalize On Gains, Analysts Eye Pullix Presale After It Sells Over 5 Million Tokens In Less Than A Week
26.12.2023
Cryptocurrency markets have witnessed a notable downturn, with major players like Ethereum (ETH), Dogecoin (DOGE), and Bitcoin (BTC) experiencing significant price plunges. This trend has been largely attributed to holders capitalizing on recent gains, leading to a substantial sell-off. Could heads...
Mt. Gox Creditors Report Receiving Compensation Payments via PayPal in Japanese Yen
26.12.2023
Source: AdobeStock / 24K-Production Creditors of now-defunct crypto exchange Mt. Gox have reported receiving fiat repayments for their trapped Bitcoin on the social media platform Reddit. According to recent posts on the Reddit page r/mtgoxinsolvency, Mt. Gox has begun sending Japanese...
zkSync Era Resolves Network Glitch Triggered by Automated Safety Check
26.12.2023
Source: zkSync The zkSync development team recently addressed and resolved a network glitch in the zkSync Era platform with “no funds at risk,” according to a post by zkSync Development. The network glitch in the zkSync Era platform occurred on Dec. 25 at 05:50 UTC, as reported by the development...