The NFT marketplace said the issue was caused by its third-party image hosting provider and assured users their NFTs were safe.
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Category: Compromise
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EU Makes Deal on MiCA Legislation to Regulate Crypto Markets
Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European officials agreed to adopt a set of anti-money laundering rules for cryptocurrency transactions. […]Powered by WPeMatico
UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million
U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate that Exmo may have lost over $10 million from the hot wallet breach. On Monday, the U.K.-registered digital currency […]
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IOTA Network Still Down: How the Next Bitcoin Killer Screeched to a Halt
On February 13, the IOTA network came to a screeching halt and the IOTA Foundation reports that $1.6 million worth of the native currency was stolen. The following day, the IOTA network status page still shows the mainnet is “not operational” and the development team has found an “exploit related to the Trinity Wallet.” Also […]
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Shamir’s Secret Explained: Distributing a Seed Phrase Into Multiple Parts
When an individual first joins the cryptocurrency economy and obtains their first bitcoins, at times the process can be daunting. Most veterans will often tell newcomers that they need to secure their coin’s private keys in order to enjoy sovereign ownership. However, most people are not taught how to keep their 12-24 word seed phrase […]
The post Shamir’s Secret Explained: Distributing a Seed Phrase Into Multiple Parts appeared first on Bitcoin News.
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BCH Upgrade Debate Continues — A Fork Strategy and the ‘Miners Choice’ Meeting
On August 21 Bitcoin Unlimited’s lead developer Andrew Stone wrote a proposal which outlined a strategy for the upcoming November hard fork. Stone explains that there are two changesets proposed by two different full node clients and Bitcoin Unlimited (BU) plans to implement consensus changes from both organizations, allowing participants the ability to vote for […]
The post BCH Upgrade Debate Continues — A Fork Strategy and the ‘Miners Choice’ Meeting appeared first on Bitcoin News.
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