In the long run, the industry needs to come together and step up its cybersecurity game in a big way rather than seek out such temporary fixes. Even as the ongoing Binance-FTX saga continues to dominate the crypto airwaves, there has been a growing trend — an uneasy one at that — that has been…
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The proposed change would prevent certain coins that have fallen in value recently from being used as collateral. The MakerDAO Risk Core Unit, a key group within the MakerDAO governance system, submitted an urgent request on Nov. 11 to change collateral parameters for the decentralized autonomous organization’s stablecoin, Dai (DAI). Primoz, a member of the…
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According to the company, this will bolster its position as a global leader in crypto capital markets. Genesis trading announced on Nov. 10 that it will receive an additional equity infusion of $140 million from its parent company, Digital Currency Group. According to the company, this decision was made to “strengthen its balance sheet” and…
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The emerging longevity sector is attracting many crypto natives, who can both benefit from it and contribute to it with blockchain tools. The nascent longevity industry focuses on the research and implementation of solutions and technologies to extend the lifespan of human beings — making people live healthier, longer lives. Longevity is not yet considered…
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Humanode is the decentralized crypto-biometric network based on 1 human = 1 node = 1 vote ethos that brings Sybil resistance to the crypto space. The future of blockchain and biometrics merge The merge of blockchain and biometrics has cogent potential. A new emerging ecosystem based on it is here to improve human life as…
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Ryan Wyatt, the CEO of Polygon Studios, shares his thoughts on blockchain upgrades and his plans for Polygon in supporting the upcoming Web3 disruption. The year 2022 in crypto was eventful in many ways. However, the negative impacts of a bear market dampened the excitement around the blockchain upgrades that significantly brought crypto ecosystems closer…
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During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero confirmation advocates have expressed a distaste for the full-RBF idea. The CEO of Synonym,…
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Centralized communication apps share one crucial feature: They crash often. Cointelegraph investigates to see if decentralization can offer a solution. Since the introduction of ICQ — the progenitor of online chat applications — the expectation from instant messaging (IM) services has never changed. Users simply want them to work, which apparently turned into a tall…
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The company said this acquisition is expected to diversify and bolster Bakkt’s revenue as it scales its offerings. Digital asset platform Bakkt has entered into an agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. According to the agreement, Bakkt is expected to acquire Apex Crypto for the price tag of $200 million, making its…
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An attacker took advantage of low liquidity to steal over $116 million from Mango Markets. It would seem that the hackers used an “oracle price manipulation” tactic in the exploit on the Solana-based DeFi network, as indicated by a tweet sent by the official account for the Mango cryptocurrency exchange. In mid-October, traders took advantage…
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