US regulators doing ‘good job of alienating’ crypto sector — Cardano founder
The United States’ approach to cryptocurrencies could do more harm than good and they risk losing major players by the time they “get their act together,” Cardano founder Charles Hoskinson has said. “When you look at some of the U.S….
IOTA launches $100 million Abu Dhabi foundation for Middle East expansion
The open-source blockchain developer IOTA announced on Nov. 29 that it is launching a foundation, the IOTA Ecosystem DLT Foundation, based in Abu Dhabi to focus on the growth of its distributed ledger technology (DLT) in the Middle East region….
Animoca to become TON blockchain’s largest validator
Web3 investment firm Animoca Brands is set to become the largest validator on The Open Network (TON) blockchain, and it plans to deliver blockchain-based games to messaging application Telegram’s 800 million users. An announcement shared with Cointelegraph outlined how the…
$750M in locked crypto tokens to be released by December
Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets in December. Among the projects releasing locked tokens, the decentralized exchange dYdX will unlock the largest amount. The exchange is expected to unlock…
Cosmos Hub greenlights ATOM inflation cut for security boost
The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14% to 10%. According to the proposal, the authorized modification would reduce ATOM’s annualized staking yield from around…
Decentralized file sharing, explained
The importance of decentralization in file sharing Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to distribute files across a network of nodes. Distributing and accessing data without depending on a centralized…
CoinFLEX creditors dissatisfied with restructuring to OPNX: Report
Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, was created using CoinFLEX assets without their consent. According to a…
HECO Chain bridge compromised over $86.6M sent to suspicious addresses
Data shared by blockchain security platform PeckShield shows that more than $86.6 million in digital assets were transferred from the HECO Chain bridge to suspicious addresses. The security firm suggests that the bridge is compromised and an exploit is ongoing. …
Binance $3.9B USDT move gains community attention amid DOJ settlement claims
Crypto community members on X (formerly Twitter) have turned their focus to a $3.9 billion Tether (USDT) transaction between Binance wallets that surfaced on social media following reports claiming the United States Department of Justice (DOJ) is negotiating a $4…
Crypto community begins Bitcoin halving countdown as milestone date nears
The crypto community and many of its most high-profile players have started to shift focus toward the Bitcoin halving, an event that occurs every four years and cuts the market supply of new Bitcoin (BTC) in half. With the next halving event…