Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market

Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who now had to understand how their investment in Tesla would relate to…

ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations. 390 Total views 1 Total shares Founder and lead developer of Ethereum Name Service (ENS) Nick Johnson is urging blockchain domains company Unstoppable Domains to drop a recently awarded patent or face a lawsuit, according

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline. 300 Total views 24 Total shares Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics…

As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turned it into a marketing opportunity. 220 Total views 1 Total shares Amid fallout over Ledger’s controversial decision to allow private keys to be “recovered” from its devices, cold storage competitor GridPlus has announced…

A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company. 383 Total views 6 Total shares Own this piece of history Collect this article as an NFTBinance Australia Derivatives sent an abrupt message to a select group of users on…

Smart contract auditing firm Hacken CEO Dyma Budorin thinks Web3 cybersecurity providers are failing the crypto industry and that “huge blind spots” in market practices are impacting investor behavior.Budorin believes a lack of accountability and transparency in the audits many providers perform falls short of reassuring users and projects.Currently, smart contract auditors take no accountability…

Decentralized autonomous organizations (DAOs) started out as a simple concept envisioned as organizations, created by an idea and fueled by developers, that automate business functions and processes by leveraging smart contracts and all the fundamental tenets of blockchain. The core idea was to flatten the complex business process that various organizations are mired in and…

The Financial Conduct Authority listed 42 registered crypto firms in compliance with the U.K. government's Anti-Money Laundering and Combating the Financing of Terrorism rules. 230 Total views 2 Total shares The United Kingdom arm of cryptocurrency exchange Bitstamp has joined the list of registered firms under the country’s Financial Conduct Authority.According to the FCA list…

The exponential growth of the decentralized finance sector increased activity on the Ethereum blockchain, and this has resulted in slow transaction times and incredibly high fees. In the last month, Ether (ETH) price has also rallied more than 100%, and gas fees are on the rise again as demand for ETH and a resurgence in the…