Verichains, a leading provider of blockchain security solutions, has announced that the firm discovered critical Key Recovery Attacks in Popular Threshold Signature Scheme (TSS), a Multi-Party Computing (MPC) protocol. MPC is one of the most popular technologies used by multiparty wallets and digital asset custody solutions. With these vulnerabilities, many of the current safety protocols will be impacted. It has quickly become the standard for securing digital assets of many major blockchain and financial organizations, such as the largest global custodian bank BNY Mellon, Europe’s largest neobank Revolut, ING, Binance,…
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Analysts debate the ETH price outcomes of Ethereum’s upcoming Shapella upgrade
The first three to five weeks after Ethereum’s upcoming Shapella upgrade will likely see an uptick in selling from unstaked deposits.
Read MoreSEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives
The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto trading platform Beaxy and its executives. Additionally, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering and “misappropriated at least $900,000 for personal use, including gambling.” SEC Charges Crypto Exchange Platform Beaxy The U.S. Securities and Exchange Commission (SEC) announced Wednesday that it has filed charges against crypto asset trading platform Beaxy, its founder, and its executives. SEC Chairman Gary Gensler commented: We allege that Beaxy and its affiliates performed…
Read MoreBTC and ETH Market Analysis: What Happened Over The Weekend?
Cryptocurrency prices reversed course on Monday from their recent downturn as regulators made moves to contain what appeared to be a widening bank crisis. In addition, comments from the Federal Reserve have dispersed investor fears about the impact of the collapsing banks on the banking sector and economy. Bitcoin, Ethereum, and all major cryptocurrencies saw a spike in their prices on Monday, and they are still rallying as of early Wednesday. Last week, state regulators shuttered Signature Bank on Sunday, which has roughly 30% of its deposit from cryptocurrency customers.…
Read MoreCZ: Binance Always Acts In Compliance With Local Laws
On Tuesday, the U.S Commodity Futures Trading Commission (CFTC) announced that it filed a lawsuit against the largest crypto exchange, claiming that it did not take the necessary measures to verify the customer’s true identity and profited from this action. A response was delivered in less than 24 hours. CZ made a brief statement on Binance’s official website to deny the latest charges. The CEO of Binance emphasized two points – first, Binance’s compliance with regulations, and second, the exchange’s trading rules. Binance always acts in compliance with American and…
Read MoreArbitrum airdrop-related selling subsides, but DApp use sustains while smart money accumulates ARB
The ARB airdrop followed the sell-the-news narrative, but Arbitrum’s DApp use and fundamentals remain strong and smart money continues to buy ARB tokens.
Read MoreMetacade raises over $14.7M as presale set to close in 72 hours
London, UK, 29th March, 2023, Chainwire Metacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7m as the presale goes into its final hours. With over 90% sold, the project expects to sell out ahead of their scheduled closing time, set for Friday 31st March at 23:59 Pacific Time. Metacade’s CEO, Russell Bennett, commented: “We are rocketing towards the finish line and think we may even get there ahead of time, the support from the community has been fantastic and we’re delighted with our success…
Read MoreFree Cryptocurrency: Complete Guide to Earning Free Crypto
The last couple of years have marked an increase in the overall public awareness of cryptocurrencies worldwide. In return, a larger number of people have expressed their interest in purchasing or earning digital currencies. While buying your favorite coin via an exchange is likely the easiest way to enter the cryptocurrency market, this industry is full of surprises – therefore a noticeable amount of coin can be earned for free. As such, this article will cover the main methods that can be leveraged in order to obtain free crypto. Do…
Read More‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork
Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12.
Read MoreEthereum’s Shapella Upgrade for Staked ETH withdrawals Coming April 12
Summary: Ethereum core developer Tim Beiko confirmed that the anticipated Shapella upgrade will happen on April 12. The Shanghai-Capella update on the mainnet will enable the withdraw function for staked ETH and unlock around 16 million stETH, developers have said. Liquid staking provider Lido Finance could unlock withdrawals later in mid-May due to audit delays and testing on Goerli. The Shanghai-Capella upgrade meant to unlock staked Ether (stETH) and enable withdrawals for stakers will roll out on Ethereum’s mainnet come April 12, core developer Tim Beiko confirmed to the crypto…
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