Blockchain

A crypto wallet connected to the October 2022 BNB Chain $600 million exploit has lost roughly $63 million on the decentralized lending platform Venus Protocol due to liquidation that resulted from the massive bloodbath in the market yesterday. According to a series of tweets by blockchain security firm PeckShield, the exploiter’s wallet was first liquidated of 1.1 million Venus BNB (vBNB) worth around $9.9 million with the asset’s price as $9.4. The second liquidation was...

Changpeng Zhao – the man behind Binance, the world’s largest and most popular digital currency exchange – has announced that he thinks 2025 will likely be the year in which bitcoin reaches a new high and goes through a bull run like nobody has ever seen. Binance CEO Changpeng Zhao on BTC’s Future This is very similar to an article that Live Bitcoin News recently published. In that article, it was suggested (as an opinion, of course) that 2024 would be the year in...

Optimism network-based decentralized credit market Exactly Protocol became the target of exploitation on August 18th. The breach resulted in a significant drop in the platform’s total value locked (TVL). Meanwhile, Exactly’s recently-announced native token – EXA – slumped by more than 27% over the past day. The protocol was halted temporarily. Another DeFi Project Hacked Blockchain security firm PechShield was the first to alert Exactly Protocol of the attack and warned users...

CoinspeakerSecuritize Acquires Onramp Invest Extending Tokenized Alts to RIAs  Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs 

Stablecoin giant Tether announced on Thursday that it has discontinued USDT support for three blockchains, on which the token “lacks significant traction.” Those chains include Bitcoin’s Omni Layer, Bitcoin Cash’s Simple Ledger Protocol (SLP), and Kusama. No Signs Of Omni Adoption As explained on Tether’s website on Thursday, community interest is a “key factor” in deciding whether or not the company will bring USDT to a particular network. “If a blockchain lacks significant...

Blockchain analytics platform Santiment revealed that the increased short positions in the crypto market provide an opportunity for bullish investors to position themselves for an uptick in prices. In a recent tweet, Santiment said traders have doubled down on their short positions due to the market’s current downturn. Traders Bet Against Crypto Markets With many traders betting against the market, the likelihood of liquidation increases and, possibly, the prices of assets...

There’s been a lot of talk about crypto tax cheats over the last few years, and according to a new report by the International Monetary Fund (IMF), the problem doesn’t end with anti-money laundering laws. The organization feels more steps are needed if things are going to come to a complete stop. The IMF Details Crypto Tax Evasion The big concern is that crypto is primarily being used by illicit players who garner money that’s not theirs (or that stems from...

Die rasante Entwicklung der Blockchain-Technologie hat zweifellos das Potenzial, verschiedene Branchen zu revolutionieren. Doch trotz ihrer Vielseitigkeit und Innovationskraft stehen Unternehmen vor der Herausforderung, mit einer Fragmentierung von Blockchains konfrontiert zu sein. Diese Fragmentierung kann die Skalierbarkeit einschränken und die Zusammenarbeit behindern. Hier kommt die Blockchain-Interoperabilität ins Spiel – eine essenzielle...

CoinspeakerAnalyst Tips Bitcoin to Surge Past $150K on One Condition The approval of spot Bitcoin ETFs is expected to tip Bitcoin’s supply-demand dynamics in the direction of a significant price surge. Analyst Tips Bitcoin to Surge Past $150K on One Condition

On Wednesday, Shiba Inu (SHIB) developers appeared on stage at the Blockchain Futurist Conference in Toronto to discuss the “End Game” for Shibarium – the meme token’s metaverse and NFT-oriented layer 2 blockchain. The team said that the Shibarium mainnet has gone live, allowing developers to begin building apps on the blockchain. The ecosystem will include “Shibdentities,” a proof of personhood solution that lets users retain control of their data and privacy. Shibdentities...