The hack of the Solana-based decentralized finance (DeFi) platform Drift Protocol could have been prevented if standard operational security procedures were followed by the Drift team, and may constitute “civil negligence,” according to attorney Ariel Givner.“In plain terms,...
The Iranian government’s attempt to block the Telegram messaging application in the country has backfired, as users find ways to circumvent national firewalls and online controls, according to Telegram co-founder Pavel Durov.“Iran banned Telegram years ago,” Durov said...
The Ethereum Foundation (EF), the non-profit organization that steers development of the Ethereum ecosystem, staked over 45,000 Ether (ETH) on Friday, bringing the total amount staked to about 69,500 ETH, less than 500 coins shy of the Foundation’s...
Bitcoin’s (BTC) range-bound trading within the $60,000 to $73,000 range is impressive, especially when considering the macroeconomic backdrop of Brent crude oil rising to levels not seen since 2008, a hot war between the US, Israel and Iran,...
Elon Musk’s aerospace company SpaceX has reportedly filed confidentially for an initial public offering, moving it closer to what could be the biggest public listing in US history.SpaceX submitted its IPO confidentially to the US Securities and Exchange...
Key takeaways:Solana outperforms Ethereum in high-revenue DApps, providing a fundamental cushion against recent price drops.Rising Ethereum Layer-2 dominance challenges SOL as traders monitor the critical $80 support level for a retest.Solana's native token, SOL (SOL), faced an 11%...
Two US Republican senators have introduced the “Mined in America Act” in an attempt to bring more Bitcoin mining manufacturing back to the US and codify US President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve.Introduced...
OnePay, which is majority-owned by Walmart, has added more than a dozen crypto tokens to its offerings that the executive responsible for digital assets said “meet a high bar” that’s been set by the banking app’s customers.Since launching...
Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products.The Washington Attorney General’s complaint cites the Pacific Northwest state’s existing ban...
Investment bank Morgan Stanley is seeking to launch its spot Bitcoin exchange-traded fund at a 0.14% fee, which would make it the cheapest in the US market and potentially force rivals to cut fees to stay competitive.The 0.14%...
