Category: Latest news

[ad_1] Ad The U.S. Securities and Exchange Commission (SEC) enforcement division has issued a Wells notice to Paxos — The Wall Street Journal (WSJ) reported, citing anonymous sources. A Wells notice is a formal notice the SEC issues to inform the recipient that it plans to bring enforcement actions against it. The SEC plans to…

Binance adds zk-SNARK verification to its proof of reserves system

Feb 13, 2023

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[ad_1] Binance has upgraded its proof-of-reserves (PoR) system with zk-SNARK verifications, a form of zero-knowledge proofs that preserves the privacy and security of sensitive user information. Binance CEO Changpeng Zhao said the improvement was implemented in accordance with Ethereum co-founder Vitalik Buterin’s suggestion. Buterin had laid out his ideas on promoting trustless centralized exchanges through…

Wormhole exploiter moves $46M worth of stolen funds

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[ad_1] The Wormhole Network exploiter, who stole nearly $325 million worth of assets over a year ago, has been busy over the weekend. The hacker, who moved $150 million worth of stolen assets in January, shuffled more funds on Feb. 12, according to PeckShield. The Wormhole attacker supplied $46 million worth of assets to MakerDAO…

IMF issues warning on El Salvador’s Bitcoin experiment amid calls for greater transparency

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[ad_1] Ad El Salvador’s embrace of Bitcoin has yet to realize any initially predicted risks. However, greater transparency and attention are still needed, that is, according to a statement by the International Monetary Fund (IMF) following a visit to the country on Feb. 10. “While risks have not materialized due to the limited Bitcoin use…

2022 realized cap drawdown was second worst in Bitcoin’s history

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[ad_1] Analyzing Bitcoin’s market cap shows that the 2022 bear market brought the fourth worse drawdown from the all-time high in its history. Bitcoin’s drop to $15,500 represents a 76.92% drawdown from its ATH. Market capitalization is one of the most widely used metrics when estimating the size and value of an asset. Defined as…

On-chain data shows Bitcoin is emerging from the depths of despair

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[ad_1] Early signs of a bull market CryptoSlate’s previous report dove deep into the signals that point to a Bitcoin bottom. Our analysis showed that despite the widespread macro uncertainty, most on-chain indicators suggest that a bottom was formed. However, identifying a bottom is only the first step in predicting future market movements. A strong…

How can we make DeFi bridges safer? Minimize the trust

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[ad_1] Ad Blockchain bridges, also known as cross-chain bridges, are designed to connect different blockchain networks and enable the transfer of assets between them. However, developers must address several fundamental security concerns to ensure these bridges are safe and secure. One primary concern is the potential for hacking or theft of assets. As assets are…

Unpacking the basics of Bitcoin nodes and Taproot functionality – BitTalk6

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[ad_1] BitTalk will be moving to a weekly format from Feb. 11 BitTalk is back with episode 6, exploring the latest developments in the Bitcoin network. In this episode, James, Nick, and Akiba engage in a lively discussion about the current state of Bitcoin nodes and the impact of Taproot. The topic of discussion is…

PayPal puts its stablecoin project on hold

Feb 11, 2023

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