Cryptocurrency News

ZCash Vulnerability Alert: ViaBTC’s Hash Power Dominance in the Spotlight

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– Advertisement – ViaBTC’s dominance over the ZCash mining landscape triggers potential 51% attack alarms. Coinbase maneuvers to secure ZCash transactions and trading by amping up confirmation thresholds and imposing trade restrictions. In an unfolding drama in the crypto sphere, ViaBTC has clawed control over more than half of ZCash’s hash power, unveiling the menacing …

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Citadel Securities Fined $7M Fine for Coding Error

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The U.S. Securities and Exchange Commission (SEC) has announced that Citadel Securities has settled charges of violating Regulation SHO, a law aimed at controlling short-selling practices. This violation pertained to Citadel Securities’ alleged failure to accurately mark sale orders as long, short, or short exempt. The SEC’s investigation revealed a pattern of mismarked orders over …

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Coinbase Explores FTX Acquisition and Derivatives License

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Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market. Reports have emerged that Coinbase considered acquiring FTX Europe after the exchange’s bankruptcy in November. While the acquisition talks were not successful, Coinbase’s interest in FTX Europe underlines how important derivatives have become to …

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Ethereum’s (ETH) Shanghai Upgrade Has Failed to Boost Blockchain Adoption: JPMorgan

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Bitcoin Receives $28,000 In "Plunge Protection" As A Result Of Increased Volatility

Coinbase’s L2 Blockchain Base Experiences Rapid Growth, Surpassing Solana In TVL

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Coinbase’s Layer two (L2) blockchain, constructed on the Ethereum network using Optimism’s open-source OP Stack, has witnessed significant growth over the past 41 days. As of August, the platform had a total value locked (TVL) of $175 million, and this figure has now surged by 111% to reach $370 million. This L2 blockchain, dubbed Base, …

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Court rejects testimony from seven expert witnesses put forward by Sam Bankman-Fried

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Seven expert witnesses expected to testify on behalf of former FTX CEO Sam Bankman-Fried have been rejected, according to a ruling dated Sept. 21. Bankman-Fried’s list of now-excluded witnesses featured experts in multiple areas, including consultant Thomas Bishop, data analyst Brian Kim, law professor Bradley Smith, British barrister Lawrence Akka, consultant Joseph Pimbley, financial consultant …

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ChatGPT Bullish Price Forecast For The New Cryptocurrency – $WSM

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Join Our Telegram channel to stay up to date on breaking news coverage The Wall Street Memes project executed an exceptionally successful presale, swiftly emerging as one of the most eagerly anticipated launches among new meme coins this year. The team initiated a presale for their native token, $WSM, at the end of May, securing …

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Can Ethereum Surge Above $1,800?

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The crypto market’s sideways motion continues, and Ethereum has found its footing around the support price of $1,540-$1,600. But what lies ahead for Ethereum? Can Ethereum reach $1,800? Let’s dive into this Ethereum price prediction for insights. What’s Happening to Cryptos Today With the market cap of the crypto space fluctuating between $1 trillion and …

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Kraken User Falls Victim to $4.5M USDT Loss in Phishing Scam

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In yet another successful phishing scheme, an unsuspecting user suffered a multimillion-dollar loss in Tether. Etherscan data revealed that $4.46 million worth of Tether (USDT) was siphoned from an unsuspecting Kraken wallet user. The stolen funds were subsequently transferred to an address concluding with “ACa7.” Another Successful Phishing Attack Details are thin about how the …

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Smart Crypto Whale’s Massive $40 Million ETH Withdrawals From Binance: What Does It Mean?

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Recently, a smart whale made waves in the crypto community by withdrawing a staggering 24,548 Ethereum (ETH) tokens from the popular exchange, Binance. These withdrawals, totaling $40 million in value at the time of the transactions, have left many wondering about the implications of such substantial movements in the market. Source: Lookonchain Whale Withdraws 5,050 …

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