Blockchain

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Some blockchain projects have to deal with hackers, and others, like Alcala, have to deal with their own developers. A “human error” a few weeks ago almost killed the whole project. Still, thanks to the mutual effort of the community and the developers, the problem has been solved —kind of. On September 26, Acala network announced the reactivation of its operations after having recovered $2.970 million in aUSD of the $3.022 million its teammistakenly printed in August. The...

Gavin Newsom – Governor of California – refused to sign legislation that would have required cryptocurrency firms and individuals in the state to gain a certain license to operate in the area. Instead, he argued that the authorities should impose more flexible rules to “keep up with rapidly evolving technology and use cases” of digital assets. Earlier this year, Governor Newsom issued an executive order on cryptocurrencies, aiming to establish a bridge between California...

A hacker managed to get away with 732 ETH worth around $950,000 from a crypto wallet. Interestingly, blockchain security firm PeckShield revealed that the theft was carried out via the same vanity address hack connected to the UK-based crypto market maker Wintermute. On-chain data suggested that the hacker moved the stolen funds to the OFAC-sanctioned crypto mixing tumbler Tornado Cash. The latest exploit comes days after decentralized finance aggregator 1inc first discovered...

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INTERNET CITY, DUBAI, Sep. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed OTCcoin (OTC) on September 22, 2022. For all users of LBank Exchange, the OTC/USDT trading pair is now officially available for trading. Providing blockchain-based P2P exchange service, OTCmarket enables its users to buy and sell crypto assets in an easy, safe, and fast way. Its native token OTCcoin (OTC) has been listed on LBank Exchange at 6:00 UTC on September 22,...

The blockchain company Ripple joined forces with the music integration platform Styngr and the record label Armada Music to release an exclusive album in Maladroids (a video game built on the XRP Ledger). It is worth noting that Armada Music is one of the leading entities in its field, while the renowned DJs – Armin van Buuren, Maykel Piron, and David Lewis – are its three Co-Founders. Ripple’s New Project According to a recent press release, the collaboration will aim to...

Tether, the operator of the third-largest cryptocurrency with a market cap of almost $70 billion, announced the USDT launch on Polkadot. Thus, the stablecoin is now available on roughly a dozen blockchain networks. The announcement from the company described Polkadot as a “full-stack Web 3 ecosystem built for the multi-chain future.” Adding that it has a “multi-chain application environment where activities such as cross-chain registries and cross-chain computation are...

Bitcoin price retested the $18K support level Friday. That’s the third time in a week, with the crypto failing to pass resistance at $19.5K twice on the 5-day chart. The crypto exchange price for a piece of the world’s original blockchain currency continues to consolidate at around $19K. That has been the trend for Bitcoin (BTC) over the month of September. Over the six-month chart, year-to-date, and one-year view, bitcoin is deeply in the red. It’s the third prolonged...