After a recent Distributed Denial-of-Service (DDoS) assault, the services of Justin Sun led crypto exchange HTX and its decentralized autonomous organization (HTX DAO) have been restored. The platforms’ resilience and sophisticated security mechanisms were on display during the short disruption of operations caused by the DDoS assault that occurred on
January 20, 2024 1 min read
Michael Sonnenshein, CEO of Grayscale Investments, defends the market-leading 1.5% fee of the Grayscale Bitcoin Trust ETF (GBTC) despite concerns. Even though the U.S. SEC recently approved many Spot Bitcoin ETFs, Sonnenshein boldly claims that the majority of them will fail, casting doubt on their dedication to the asset class
January 19, 2024 2 mins read
In the midst of a successful token listing on various exchanges, Layer-2 blockchain driven by zero-knowledge proof Manta Network was hit by a distributed denial-of-service (DDoS) assault. According to Kenny Li, co-founder of P0xeidon Labs—the cryptographic team of developers behind Manta Network—the nodes of the blockchain were subjected to more
January 19, 2024 1 min read
With $1 billion in assets under management (AUM), BlackRock’s spot bitcoin ETF became the first bitcoin ETF provider to reach this milestone on Wednesday. January 12 marked the beginning of trading for the asset manager’s iShares Bitcoin Trust (IBIT). Robert Mitchnick, Head of Digital Assets at BlackRock stated via email:
January 18, 2024 1 min read
“Cancun-Deneb” or “Dencun,” the latest Ethereum network upgrade, has reportedly gone live on the Goerli testnet as of January 17th, according to a post by Ethereum developer Parithosh Jayanthi. The upgrade was postponed for around four hours due to an error, according to Jayanthi. The network got back up once
January 18, 2024 1 min read
The chief executive officer of JPMorgan, Jamie Dimon, made news when he warned against Bitcoin investments in a recent CNBC interview. The comment is the most recent in Dimon’s string of criticism directed against Bitcoin. Cryptocurrencies like Bitcoin have had Jamie Dimon’s skepticism for quite some time. He has further
January 17, 2024 2 mins read
It has been announced that the crypto exchange Gate.io would integrate with Shibarium, the layer-2 network for Shiba Inu. Shibarium has reached a turning point with the backing of a key figure in the industry. As a layer 2 solution, Shibarium is working to improve the Shiba Inu ecosystem by
January 15, 2024 2 mins read
Cryptocurrency mixers or blenders, are infamous for their involvement in money laundering; South Korea is considering regulating them in an effort to curtail illegal financial activity. Concerned about criminal groups’ abuse of crypto mixers, the nation’s Financial Intelligence Unit (FIU) is considering potential solutions. Importantly, this action is being taken
January 15, 2024 2 mins read
Prior to the introduction of their L1 MNet Continuum, BitCountry, the Polkadot parachain project for building immersive metaverse communities, has announced the beginning of InnoVoy Event, a ground-breaking campaign intended to transform the Web3 identity space. An opportunity to experience BitAvatar, a Universal Avatar identity with NFT-bound wallet, also known as
January 15, 2024 2 mins read
Franklin Templeton’s CEO and President shared her enthusiasm for this week’s event and stated on twitter that Laser Eyes Ben was now playing in the background of her phone. Franklin Templeton is one of the most recent Bitcoin exchange-traded fund (ETF) issuers. It was Jenny Johnson who broke the news
January 13, 2024 2 mins read