EthereumBeginnerElliptic, a blockchain analytics firm, has reported that the funds stolen from the cryptocurrency exchange Bybit are likely being channeled through crypto mixers in an attempt to obscure their origin and make them harder to trace. This development comes after Bybit confirmed a security breach,…
#crypto#hackers#north-korea
BitcoinBeginnerA Hong Kong-based investment firm’s board has reportedly approved further investments in Bitcoin, signaling a growing institutional interest in the cryptocurrency despite market volatility. This decision underscores a belief in the long-term potential of Bitcoin as a store of value and an…
#hong-kong
BitcoinBeginnerOn February 22, Montana’s House rejected a bill that aimed to designate Bitcoin as a state reserve asset, citing concerns over excessive speculation with taxpayer funds. House Bill No. 429 was defeated in a 41-59 vote, with many Republicans opposing it. The proposal sought to establish a special…
#assets#crypto#law
EthereumBeginnerIlluvium, the developer of the highly anticipated blockchain-based game of the same name, has announced it has undergone a significant restructuring, adopting a “super lean” approach to accelerate game development. CEO Kieran Warwick explained that this strategic shift was necessary to streamline…
#crypto#gaming
GeneralBeginnerThe European Central Bank (ECB) is accelerating its efforts in developing a wholesale central bank digital currency (CBDC) platform. This move signals a significant step towards potentially introducing a digital euro for financial institutions, distinct from a retail CBDC that would be used by the…
#cbdc#central-bank#european
BitcoinBeginnerRiver, a Bitcoin infrastructure provider, has announced a significant advancement in Bitcoin’s quantum resistance thanks to a new chip developed by Microsoft. This chip significantly shortens the timeline for implementing quantum-resistant cryptography in Bitcoin, potentially safeguarding the…
#crypto#microsoft#quantum
GeneralBeginnerCanary Capital has announced the launch of the Axelar Trust, a new investment vehicle specifically designed to provide institutional investors with exposure to the Axelar network and its native token, AXL. This move signals growing institutional interest in the interoperability space within the…
#web3
EthereumBeginnerEthereum co-founder Vitalik Buterin has expressed concerns about what he sees as a “moral shift” in the crypto industry, particularly regarding criticism of Ethereum’s approach to blockchain gambling. During a Feb. 20 Ask Me Anything (AMA) session, Buterin was asked about his frustrations with the…
#decentralization#defi#social-media
SolanaBeginnerCoinbase, a leading cryptocurrency exchange, has announced the launch of CFTC-regulated Solana (SOL) futures contracts in the United States. This move marks a significant step in the evolution of cryptocurrency derivatives, and further solidifies Coinbase’s position as a major player in the…
#altcoin#coinbase#etfs
GeneralBeginnerBinance.US, the American arm of the global cryptocurrency exchange Binance, has announced the resumption of US dollar (USD) deposit and withdrawal services for its customers. This marks a significant turnaround for the exchange, which had suspended these services in June 2023 due to regulatory…
#altcoin#banks#binance
GeneralBeginnerHong Kong’s Securities and Futures Commission (SFC) has unveiled its “ASPIRe” roadmap, outlining its strategic initiatives to solidify the city’s position as a leading global cryptocurrency hub. This comprehensive framework details the regulator’s plans to foster a vibrant and sustainable virtual…
#china#government#hong-kong