The recent revelation by blockchain security firm CertiK regarding a critical vulnerability in crypto exchange Kraken’s deposit system has sent shockwaves through the cryptocurrency community. The firm uncovered an issue in Kraken’s deposit system that failed to differentiate between various internal transfer statuses, leading to a deeper probe into the potential for malicious actors to
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The Vatican Library has recently announced a groundbreaking initiative to expand its reach into the Web3 space by offering non-transferable NFTs to backers of its esteemed manuscript collections. This project, currently in an experimental phase, is exclusively available to Italian supporters of the Vatican Apostolic Library. Italians have the opportunity to participate in this project
Recently, the Ethereum Foundation made a significant transaction involving millions of Ethereum (ETH) tokens. This move raised eyebrows within the crypto community, as transactions by this non-profit organization often have a notable impact on the price of the second-largest cryptocurrency. According to crypto journalist Colin Wu, a wallet associated with the Ethereum Foundation transferred a
In recent days, Bitcoin has experienced a tumultuous journey, with its price steadily declining, sparking concerns of a prolonged bear market. However, amidst the gloomy outlook, some analysts have spotted faint bullish whispers that suggest a potential reversal in the trend. One ray of hope comes from the Bitcoin Taker Buy Sell Ratio, a metric
Shiba Inu’s layer-2 scaling solution, Shibarium, has experienced a significant surge in one key indicator – the number of new accounts on the network exploded by over 860%. This surge, from just 16 to 154 within a day, indicates a rise in interest and potential growth for the protocol. The increase in new accounts could
Liquid staking and the concept of destablecoins have gained significant attention in the past year, showcasing rapid growth and innovation in the cryptocurrency space. One of the projects at the forefront of this movement is Lista DAO, which introduces an open-source liquidity protocol designed to earn yield on collateralized cryptocurrencies such as BNB, ETH, stablecoins,
In a recent report by blockchain intelligence firm TRM Labs, it was revealed that cryptocurrency deposits into crypto addresses linked to Chinese drug precursor manufacturers have more than doubled in the first four months of 2024 compared to the same period in 2023. This surge in cryptocurrency transactions indicates a growing trend of using digital
Recently, Ethereum has experienced a surge in notable withdrawals from centralized exchanges, indicating that crypto whales are anticipating a potential recovery in price. This increase in withdrawals has caused the ETH balances on exchanges to plummet to their lowest level since 2016. Crypto analyst Ash Crypto highlighted the significant shift in the amount of ETH
The IOTA Foundation’s Web3 Identification Solution has been selected for the European Blockchain Sandbox program, marking a significant milestone in the evolution of Know-Your-Customer (KYC) processes and privacy in the Web3 space. This decision underscores the importance of addressing regulatory concerns surrounding KYC and privacy, especially as decentralized finance (DeFi) continues to attract regulatory scrutiny.
Blockchain analytics platform Bubblemaps recently made headlines by alleging insider trading activity in meme coin projects associated with prominent figures like Andrew Tate and Iggy Azalea. These allegations have sparked a discussion within the crypto community about the ethics of such practices and their impact on the market. Bubblemaps detailed the alleged insider trading activities