Nearly 80% of cryptocurrency projects cease to exist following major attacks, according to Mitchell Amador, CEO of the Web3 security platform Immunefi, in a statement to Cointelegraph. He attributes the collapse primarily to “managerial chaos and loss of trust,” rather than the direct loss of funds. Upon discovering a vulnerability, most teams become paralyzed, unaware […]
The prohibition on “stablecoins” offering yields in the Clarity Act places the US dollar at a disadvantage compared to China’s digital yuan, according to Anthony Scaramucci, founder of SkyBridge Capital. The whole system is broken: The Banks do not want the competition from the stable coin issuers so they’re blocking the yield in the meantime […]
Bitcoin returned to $95,000; in the US, the Clarity Act review was postponed; New York’s former mayor launched a scam token; Belarus signed a law on crypto banks—and other events of the week. Bitcoin’s recovery The past seven days were favourable for bitcoin and the wider crypto market. The rally began on Monday as the […]
Nasdaq has notified the cryptocurrency mining company Canaan Inc. of its non-compliance with listing price requirements. Over the past 30 days, the firm’s shares, trading under the ticker CAN, have fallen below the minimum threshold of $1. At the time of writing, the miner’s stock is valued at approximately $0.79. Source: MarketWatch. According to the […]
Brian Armstrong, CEO of Coinbase, has refuted claims that the White House is considering withdrawing its support for the Clarity Act, a bill aimed at regulating the US crypto market structure. In general, love your posts, but this is not accurate. The White House has been super constructive here. They did ask us to see […]
The first cryptocurrency is predicted to collapse within the next 7-11 years, according to Justin Bons, founder of the European company Cyber Capital. BTC will collapse within 7 to 11 years from now! First, the mining industry will fall, as the security budget shrinks That is when the attacks begin; censorship & double-spends Core will […]
Billionaire Elon Musk has demanded $134 million from OpenAI and Microsoft for “wrongful gains” the AI startup allegedly obtained due to his early support. This was reported by Reuters, citing court documents. According to the entrepreneur, OpenAI received between $65.5 million and $109.4 million from him when he was one of the project’s founders in […]
In 2026, Ethereum will reclaim its lost ground in self-governance and trustlessness, according to project co-founder Vitalik Buterin. 2026 is the year that we take back lost ground in terms of self-sovereignty and trustlessness. Some of what this practically means: Full nodes: thanks to ZK-EVM and BAL, it will once again become easier to locally […]
Mining company Riot Platforms has acquired an approximately 81-hectare plot for $96 million near its flagship data center in Rockdale, Texas. We’re excited to share a series of transformative transactions that firmly establish our rapidly scaling data center business — including fee simple acquisition of our Rockdale site and signing our first data center lease […]
One of Belgium’s largest banks, KBC, will launch the option for retail clients to buy and sell leading digital assets by market capitalization starting February 16. The institution will implement the option in accordance with the set of European rules MiCA and based on its own platform, Bolero. “This will allow self-directed investors in Belgium […]
