Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

If SEC approves spot Ether ETFs, many ‘will be caught severely offside’

Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”

How did these two brothers do it?

Can someone explain to me very simply how these two brothers were able to steal crypto from the Ethereum blockchain? I assume it was ETH that was stolen? Thanks https://mashable.com/article/mit-student-brothers-exploit-ethereum-blockchain-25-million submitted by /u/Jealous-Impression34 [link] [comments]

Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program

Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream, speeding up commerce with trust and transparency,” Mastercard stated. Mastercard’s Digital Asset Program Expands Payments giant Mastercard announced Wednesday that five startups from around the world […]

Arbitrum leading decentralised finance adoption

Arbitrum is the largest and most successful optimistic rollup built on Ethereum, the first mainstream layer two (L2) to be running a fraud proof scheme on mainnet (stage 1 L2 milestone) has seen rapid developer adoption from its launch open to permissionless public deployment. To date, Arbitrum remains the only stage 1 general purpose L2,…
Read more

Aussie admits to promoting BitConnect crypto services without a license

The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts.

AMA & Giveaway Alert! Join JayX on May 18th to Learn How to Own Your DEX and Win Big! 💰

Hey, r/Cryptocurrency fam! Are you tired of centralized exchanges crashing and burning like the Hindenburg? Furious about being discriminated against because of your race, nationality, or beliefs? So are we! 😠👊 That's why we created JayX, the next-gen asset management and settlement protocol designed for a truly open financial market. Think of us as the…
Read more

2 arrested for allegedly laundering over $73 million in cryptocurrency scams

submitted by /u/Mugwump6506 [link] [comments]

Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’

Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states that approving these spot ether ETPs would “interweave the crypto industry with traditional finance,” aggravating systemic risks introduced […]

Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million

In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period which resulted in the company recording a gross loss of $37.3 million. Nangeng Zhang claimed that Canaan’s revenues in the last quarter exceeded expectations due to the company’s persistent sales efforts and […]

What can a scam do with your wallet address

If a scam company has your exchange wallet address what are they able to do with it. I have been toying with a scam call that says they have retrieved funds for me and need an address to send the crypto. I am just trying to waste their time as the more time they spend…
Read more