The Nasdaq mostly erased an early 2% loss on Thursday after reports that Iran is working out a protocol with Oman to manage traffic through the Strait of Hormuz, easing concerns about disruptions on a key global oil route. WTI crude oil – which had risen to nearly $115 a barrel barrel as President Trump […]
BTC is climbing from the worst levels in the Strait of Hormuz Read More »
The attack on Drift Protocol was not a hack in the traditional sense. No one found a bug or cracked a private key. Nor was there a flash loan or a manipulated oracle. Instead, an attacker used a legitimate Solana feature, ‘durable nonces’, to trick Drift’s security council into pre-authorizing transactions that would be executed
The US Commodity Futures Trading Commission and the Justice Department filed a lawsuit Thursday against Illinois and various state officials over the state’s efforts to shut down market prediction providers. Illinois sent cease-and-desist letters to some prediction market providers, arguing that the companies offered sports betting products that should be regulated under state law. The
Coinbase ( COIN ) said Thursday it had received the first approval of a national trust company charter from the US Office of the Comptroller of the Currency, Bloomberg reported, marking a step toward it operating as a federally regulated crypto depository. The approval is not final. It’s a conditional green light that sets out
Coinbase (COIN) Wins First OCC Nod for Trust Charter, Adding to Custody Push Read More »
Social media platform X is preparing a new security measure aimed at shutting down a widespread form of crypto-phishing that exploits hijacked accounts to promote scam tokens. The company will soon automatically lock any account that mentions cryptocurrency for the first time in its history, according to the company’s product manager Nikita Bier. Users must
Elliptic said Thursday that the $285 million Drift Protocol exploit, the largest this year, bears “multiple indicators” of North Korea’s state-sponsored DPRK hacking group involvement. The research firm specifically pointed to onchain behavior, money laundering methods and network-level signals that are all consistent with previous state-linked attacks. Drift Protocol, whose token has fallen over 40%
Elliptical Flag $285 million Drift exploitation as a likely North Korea-linked operation Read More »
BTCC Exchange appointed official regional partner of the Argentine national team
BTCC Exchange appointed official regional partner of the Argentine national team Read More »
Crypto markets are stuck in a holding pattern as geopolitical tensions in the Middle East overshadow an otherwise improving macro backdrop, according to crypto asset manager Grayscale. “The war in Iran overshadowed virtually all other market developments in March,” the Grayscale research team said in a Wednesday report. Before the conflict escalated, global growth appeared
Oil Shock, War Risk Keeps Crypto Investors Sidelined: Shades of Grey Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1875.68, down 4.5% (-88.38) since 4 PM ET Wednesday. None of the 20 assets are trading higher. Leaders: CRO (-2.5%) and BCH (-3.0%). Lagging behind: UNI (-7.7%) and SOL
the index falls 4.5% as all components trade lower Read More »
Most of the crypto industry spent this week processing Google’s paper on how quantum computers could break blockchain encryption. A startup is asking a different question — whether quantum hardware can make blockchains better. Postquant Labs, which is building the world’s shared quantum computer, Quip.Network, announced Wednesday the launch of what it calls the first
Startup lets researchers test blockchain tasks on a quantum computer for the first time Read More »
