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On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto tokens, such as 7,460 wrapped ether and 64 wrapped bitcoin. While the Mechanisms Behind … Read more
Rug pulls and other frauds made up a small percentage of losses compared to hacks and exploits, the report stated. Go to Source Powered by WPeMatico
INX security tokens exist on Ethereum and use the ERC-1404 standard. Go to Source Powered by WPeMatico
ChatGPT’s temporary ban in Italy over privacy concerns draws criticism from t figures in the tech industry and the country, including Deputy PM Matteo Salvini and expert Ron Moscona. Go to Source Powered by WPeMatico
According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According to data from Coin ATM Radar, … Read more
While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages. Go to Source Powered by WPeMatico
On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution … Read more
The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to … Read more
Bridge protocols LayerZero, Celer, Wormhole, LiFi, and others have already committed to implementing the new protocol. Go to Source Powered by WPeMatico
In February, Canadian Securities Administrators announced enhanced investor protection requirements for crypto asset traders. Go to Source Powered by WPeMatico