Saylor’s Bitcoin custody debacle highlights growing divide in crypto community
As institutional interest in Bitcoin soars, the crypto community grapples with fundamental questions about custody and control.
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Bitfinex CTO Hints at Maximum Leverage for Upcoming Derivatives Trading
Cryptocurrency exchange Bitfinex CTO Paolo Ardoino hinted at the maximum leverage for the exchange’s upcoming derivatives trading, in a tweet published on June 24.In the tweet, Ardoino purportedly indicated the maximum leverage for Bitfinex’ forthcoming derivatives trading, which resulted in a heated discussion between community members.In response to the answer whether it will be an…

Web3 firms to support ecosystem development through grants amid market uptick
The Worldcoin Foundation rolled out a $5 million grant to support its community through WLD tokens or stablecoins. As Bitcoin (BTC) soared past the $40,000 mark and brought the total crypto market capitalization to $1 trillion, Web3 firms have started to roll out grants to support the development of the blockchain ecosystem. On Dec. 6, the Worldcoin

Iran: Science and Tech Department Official Says Blockchain Can Improve National Economy
An official at the Iranian government’s vice presidency for science and technology has said blockchain can help improve the country’s national economy. His statements were reported by English-language daily newspaper The Tehran Times on Dec. 16.Alireza Daliri, deputy for management development and resources at the vice presidency for science and technology, is quoted as saying…

Indian crypto exchange becomes unicorn after $90M funding round
CoinDCX's Series C funding was led by B Capital Group, a VC from Facebook co-founder Eduardo Saverin. 158 Total views 100 Total shares Mumbai-based crypto exchange CoinDCX has raised $90 million in a Series C funding, becoming the first crypto business in India to reach unicorn status. According to the announcement, the funding round was led…

The FTX collapse not enough to break crypto community’s spirit: IBW 2022
Istanbul Blockchain Week opened its doors on Nov. 14 to bring the crypto and blockchain ecosystem together in İstanbul, Turkey. Cointelegraph attended the event with a Cointelegraph Turkey booth and an İstanbul-based editor to experience the impact of the FTX collapse firsthand — the result was unexpected.As an international hub housing more than 15 million…

One-fifth of businesses in El Salvador now accept Bitcoin: NBER study
The researchers also found that Bitcoin is gaining ground compared to other payment methods within El Salvador. 234 Total views 11 Total shares Months after Bitcoin (BTC) became legal tender in El Salvador, a study conducted by the National Bureau of Economic Research (NBER) shows that 20 percent of businesses have started to accept BTC…

CIA director says agency currently has ‘a number of different projects’ focused on crypto
William Burns said that building knowledge on crypto was “an important priority” for the CIA, and he planned to devote “resources and attention” to it. 457 Total views 22 Total shares Current director of the Central Intelligence Agency William Burns said his predecessor at the government agency initiated projects focused on gathering intelligence on cryptocurrency.Fielding…

Security firm discovers $500M vulnerability in Tron multisig accounts
After reporting the vulnerability to Tron in February, the researchers highlighted that the issue was promptly addressed and resolved within a few days. 241 Total views 10 Total shares A research team at dWallet Labs has discovered a zero-day vulnerability in Tron multisig accounts, allowing an attacker to bypass the multisignature mechanism and sign transactions…