Adam Back slams ‘EVM mis-design’ as root cause of Bybit hack
The Bybit hack has sparked debate between Bitcoin and Ethereum advocates, with Adam Back blaming EVM security flaws, while others point to multisig vulnerabilities.
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Binance continues push to become regulated crypto exchange with new hire
Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators. 177 Total views 2 Total shares Crypto exchange giant Binance has hired Mark McGinness, former head of international relations at the Dubai Financial Services Authority (DFSA), as its chief regulatory liaison officer.According to an announcement…

NY Attorney General expects documents within weeks in Bitfinex/Tether case
The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019. 1199 Total views 4 Total shares The Office of the New York Attorney General, or OAG, has requested a deadline extension for iFinex Inc — the parent company of both crypto…

Christie’s auctions its first purely digital artwork in form of blockchain token
Christie’s to auction its first purely digital work by Mike “Beeple” Winkelmann through an NFT marketplace. 2214 Total views 12 Total shares British auction house Christie’s has announced the auction of its first ever “purely digital work of art." Announcing the news Tuesday, Christie’s said that the NFT artwork will be issued in partnership with…

Staking Coming to Matic on June 15
Matic has unveiled staking will go live in June. 1913 Total views 18 Total shares Matic just announced June launch dates for its staking testnet and mainnet."Staking UI to be publicly available on testnet by 15th June," Matic said Wednesday in a statement on its blog. "Final staking and delegation to foundation nodes on the Matic…

Bitcoin inactive supply nears record as over 60% of BTC stays unspent for at least 1 year
Only two times before has the proportion of available supply been so overwhelmingly stationary in its wallet. 381 Total views 3 Total shares Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling.Data from on-chain analytics firm Glassnode shows that despite price volatility, over…

Second Largest Exchange OKEx Launches New Crypto Derivative Product
Malta-based major cryptocurrency exchange OKEx has launched a new crypto derivative product, according to a press release shared with Cointelegraph, Dec.19.As Cointelegraph reported at the beginning of the month, the new product, dubbed Perpetual Swap, is a virtual derivative that lets users speculate on the future value of BTC/USD, according to OKEx’s index.Per the release,…

Alchemy Pay bags money services license in Iowa, expands US services
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. as it acquired its money services license in the state of Iowa. 250 Total views 1 Total shares The Singaporean crypto-fiat payment gateway, Alchemy Pay, announced a further expansion into the United States market on Nov. 23 with the acquisition of

El Salvador adds Bitcoin, but is complying with IMF deal — Director
The IMF’s non-accumulation agreement may leave room for Bitcoin accumulation through non-governmental entities, industry watchers told Cointelegraph. 464 Total views 1 Total shares El Salvador, the world’s first country to adopt Bitcoin as legal tender, is still acquiring Bitcoin despite comments from the International Monetary Fund (IMF) appearing to claim the opposite. The treasury of