Blockchain security firm Chainlight has been awarded a $10,000 bounty for uncovering a potential vulnerability in Perpetual Protocol, a decentralized exchange (DEX) based on Optimism. The vulnerability, which was found in the protocol’s “AccountBalance” contract, could have put $32 million of customer funds at risk. If exploited, the flaw would have allowed bad actors to […]
JPMorgan Chase’s digital token, JPM Coin, has introduced new programmable capabilities that allow corporate clients to set conditional triggers for payments. This feature has already been adopted by companies such as Siemens and FedEx. With programmable payments, businesses can configure their accounts to automatically transfer funds when certain preset conditions are met, eliminating the need […]
JPMorgan, the multinational banking firm, has introduced a programmable payment feature for institutional users of its private blockchain platform, JPM Coin. This new functionality allows real-time, programmable treasury operations and supports new digital business models. The capability has been described as the “holy grail” for JPMorgan’s blockchain platform. It is the first-of-its-kind offering by a […]
Crypto entrepreneur Justin Sun has offered a 5% bounty to the hacker responsible for the recent theft of funds from Poloniex. The extent of the attack is still unclear, but it has been reported that $31 million worth of digital assets were moved from one of Poloniex’s hot wallets. The stolen funds were then transferred […]
BlackRock, the world’s largest asset manager, is planning to create an ETF that holds Ethereum’s ether (ETH), further solidifying its commitment to cryptocurrencies. The announcement caused the price of ETH to surge, reaching its highest level of the day at around $2,100, a 3% increase from before the filing was made public. However, the price […]
Fifteen years ago, an anonymous individual named Satoshi Nakamoto introduced the world to the Bitcoin Protocol through a whitepaper. This document laid the foundation for the cryptocurrency industry we see today, which now boasts a market value of over a trillion US dollars. Nakamoto’s identity remains a mystery, but their contribution to the financial world […]
BlackRock, the world’s largest asset manager, has taken the first step towards listing a spot-based Ether ETF by establishing a new Delaware trust company for the iShares Ethereum Trust and filing an SEC application with Nasdaq. This move comes after BlackRock surprised the investment world in mid-June by filing for a spot-based Bitcoin ETF, increasing […]
Hong Kong is positioning itself as a leading hub for cryptocurrency adoption, with an influx of crypto talent and positive regulatory developments. The combination of new Web3 projects and supportive regulations is expected to drive significant growth in the next four to five years. Despite the bear market, the technological advancements in the crypto sector […]
SafeMoon CEO Braden John Karony’s bail release order has been put on hold by United States federal prosecutors. They argue that Karony is a flight risk and his release could pose a danger to the community. The prosecutors challenged a Utah Magistrate judge’s decision to grant Karony a $500,000 bail, and a New York District […]
In a joint effort called “Operation Hyphen,” cryptocurrency exchange Kraken collaborated with the South East Regional Organised Crime Unit (SEROCU) to recover and return over $2 million worth of stolen cryptocurrency. The investigation focused on a fraudulent website called “iotaseed.io,” created by a 40-year-old individual from the Netherlands named Wybo Wiersma. Wiersma allegedly exploited unsuspecting […]
