Circle Hit With Class Action Lawsuit Over $285M Drift Protocol Hack
This post was originally published on this site. In brief Stablecoin issuer Circle is facing a class action lawsuit from Drift Protocol investors who lost money in a recent $280…
Quantum Proposal Won’t Save Satoshi’s Bitcoin, Says Cardano Founder Hoskinson
This post was originally published on this site. In brief Cardano founder Charles Hoskinson says the latest Bitcoin improvement proposal won’t be able to save all the Bitcoin vulnerable to…
Snap Cuts 1,000 Jobs, Aims to Save $500 Million as AI Reshapes Operations
This post was originally published on this site. In brief Snap laid off approximately 1,000 team members, representing 16% of its full-time workforce. The cuts are expected to reduce the…
VerifiedX brings privacy layer to Bitcoin as institutional demand for confidentiality grows
This post was originally published on this site. A growing push to bring privacy to public blockchains has reached Bitcoin, with VerifiedX unveiling a new layer designed to shield transactions…
CoinDesk 20 performance update: Ethereum (ETH) price drops 1.3% as index trades lower
This post was originally published on this site. CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20…
Wall Street trading-tech is coming to crypto as DoubleZero rolls out high-speed data for Solana
This post was originally published on this site. DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to speed up how…
Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit
This post was originally published on this site. Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether’s USDT as its settlement layer after securing…
Morning Minute: Bitcoin Devs Propose New Quantum Solution
This post was originally published on this site. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily…
UK Sets Path to Crypto Regulation With FCA Consultation
This post was originally published on this site. In brief The FCA is seeking feedback on seven regulated cryptoasset activities, including stablecoin issuance, trading platforms, dealing, safeguarding, and staking, with…
Exchange Inflows Spike as Bitcoin Faces $76K Headwinds
This post was originally published on this site. In brief Bitcoin’s recent ascent coincides with high exchange inflows and large holder deposits, exceeding March’s pre-correction spike. The average exchange deposit…