Category Archive: Cryptocurrency, No picture
Solana Foundation restricts validators involved in sandwich attacks
The Solana Foundation has announced the removal of a group of validator operators from its delegation program due to their involvement in sandwich attacks on Solana users. The decision aims to ensure that the foundation does not delegate to validators who carry out malicious sandwich attacks on retail users.Solana Validator Relations Lead Tim Garcia made […]
Singaporean authorities issue warning on Akira ransomware demanding crypto
Local authorities from Singapore have issued a joint advisory warning businesses of the threats posed by Akira, a ransomware variant that has stolen $42 million—most of which is demanded in crypto—from over 250 organizations across North America, Europe, and Australia, all within a year.According to the advisory, the ransomware group behind Akira is now actively […]
South Korea issues guidelines for classifying NFTs as virtual assets
The Financial Services Commission (FSC), South Korea’s financial watchdog, has issued guidelines detailing when non-fungible tokens (NFTs) should be considered virtual assets. The country is preparing to implement the ‘Virtual Asset User Protection Act’ by July 19 this year.Under the new guidelines, NFTs that are mass-produced, divisible, and can be used as a means of […]
Cardano prepares for Voltaire era with node 9.0 launch
Cardano’s founder Charles Hoskinson has indicated that Cardano Node’s 9.0 release is likely to take place in June. This launch prepares Cardano for the Chang hard fork which will mark the beginning of the Voltaire Age. “It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is […]
Wintermute CEO questions Ethereum’s leadership paradox amid celebrity memecoin controversy
Evgeny Gaevoy, CEO of Wintermute, said if Ethereum fails in the future, it will not be because of technical shortcomings compared to competitors like Solana. Instead, the core issue is the contradiction in Ethereum’s leadership. “If ETH fails in the future it [won’t] be because ‘Solana is faster’, it will be because the [ETH] ‘elite’ […]
Bitcoin struggles to rally as Tether’s USDT growth stagnates: CryptoQuant
Demand for Bitcoin from large investors and permanent holders is on the rise. However, Bitcoin (BTC) has yet to see a major price rally since the growth in USDT’s market capitalization is slowing, according to CryptoQuant’s recent report. “Stablecoin liquidity has yet to recover its growth trajectory in order to underpin a price rally,” CryptoQuant […]
Friend.tech develops Friendchain, uses $FRIEND as gas token
Friend.tech, a decentralized social media platform built on the Base network, announced Friday that it is developing its own blockchain, called “Friendchain,” in collaboration with Conduit, a crypto-native infrastructure platform. $FRIEND, the native token of Friend.tech, is set to empower the new blockchain. We’re pleased to be working with @conduitxyz on Friendchain, our own blockchain […]
Ethereum devs confirm Pectra upgrade to include EIP-7702, PeerDAS, and more
Ethereum developers have confirmed a list of Ethereum Improvement Proposals (EIPs) to be integrated into the Pectra upgrade, according to a recent announcement from Ethereum educator Anthony Sassano. Among the notable EIPs are EIP-7702, EIP-7594 (PeerDAS), and EIP-7251 (MaxEB).Proposed by a group of Ethereum developers, including Ethereum co-founder Vitalik Buterin, EIP-7702 targets enhanced account abstraction, […]
Bakkt explores potential sale or breakup amid surge in crypto M&A activity
Bakkt is considering strategic options, including a potential sale or breakup, according to an initial report from Bloomberg citing persons familiar with the matter. The move comes amid a surge in takeover activity within the cryptocurrency sector.The sources, who asked to remain anonymous due to the confidential nature of the matter, revealed that Bakkt has […]
TRON DAO at Consensus 2024 with exclusive Whale Night event
Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held in Austin, Texas, as a 3 Block Sponsor. This premier blockchain and digital asset event brought together industry leaders, policymakers, and innovators to engage in crucial discussions shaping the future of the blockchain ecosystem.Consensus 2024: Highlighting TRON’s InnovationsConsensus […]
