Cosmos patches ‘critical’ IBC protocol bug, saving $126M

April 24, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

IBC has always had the bug, but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said.

A recent Bitcoin scam on Twitter that compromised several major companies verified accounts came from a third-party app, tech news outlet the Next Web (TNW) reports Friday, Nov. 16, citing social media officials.Speaking to TNW, a Twitter spokesperson confirmed that the attack came from an outside software provider and not from Twitter’s own system. However,…

Bitcoin Hovers Under $3,600 as Top Cryptos Remain Mostly Stable

Friday, Jan. 25 — the top 20 cryptocurrencies are reporting discreet price action in mixed directions on the day to press time. Bitcoin (BTC) is hovering under $3,600 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is seeing virtually no change on the day, trading at around $3,590, according to CoinMarketCap. Looking at…

Filecoin service provider announces move to Singapore in light of tightening restrictions in China

The service provider also announced the launch of a new system upgrade to increase yield efficiency. 122 Total views 3 Total shares RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore. The company said the…

Casa unveils ‘Praetorian’ self-custody service for nation-states

Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.

Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos

The Governor of the Central Bank of Kenya told reporters the institution is "already feeling left out." 1209 Total views 13 Total shares The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central bank digital currency space.CBK governor Dr. Patrick Njoroge told…

New analysis suggests Satoshi Nakamoto was a Londoner

A new take on an old investigation potentially sheds light on the whereabouts of Satoshi Nakamoto — at least while he was working on Bitcoin. 1940 Total views 24 Total shares A new report has determined that London was the most likely place Satoshi Nakamoto worked on Bitcoin between 2008 and 2010. Report author Doncho…

dYdX raises margin requirements in some markets, bans “highly profitable trades”

The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations. 66 Total views 1 Total shares Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover

It’s good that Bitcoin doesn’t have an eccentric founder — Adam Back

The Blockstream founder was favored as the most likely figure to be revealed as Satoshi Nakamoto in the HBO documentary by Polymarket users.

BItcoin price faltered at $64K again — Here is why

Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty.

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