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Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures. Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company. North Korean IT workers are increasingly targeting Coinbase’s remote…
Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles. Investor sentiment toward cryptocurrencies surged this week, with growing retail interest in altcoins suggesting Bitcoin’s recent euphoria phase may be nearing an end, according to analysts. The crypto asset sentiment index rose from…
Bitcoin miners face rising competition from AI data centers for cheap energy, potentially driving a new wave of institutional investment, according to GoMining exec Jeremy Dreier. Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the…
Spar will launch crypto and stablecoin payments across 300 Swiss supermarkets via Binance Pay and DFX.swiss, marking a retail first for the country. Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the…
Crypto scammers are switching from code to exploiting human vulnerabilities that don’t require breaking through complex cybersecurity guardrails. A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams. A single wrong click was all it took…
CrediX recovered $4.5 million in stolen crypto after reaching a deal with the exploiter. Affected users will be refunded within 48 hours, the team said. Money market abstraction infrastructure protocol CrediX has successfully negotiated the return of the assets stolen in a $4.5 million exploit, in a promising sign for users looking to recover their…
Profit-taking interrupted the 15-week winning streak of global cryptocurrency ETPs last week as investor sentiment was hit by hawkish remarks after last week’s US Fed rate decision. Cryptocurrency investment products ended last week in the green, interrupting 15 weeks of consecutive inflows after investor sentiment took a hit from hawkish remarks during last week’s Federal…
DeFi’s obsession with maximum decentralization sacrifices performance. Minimum viable decentralization offers a pragmatic path to compete with TradFi. Opinion by: Doug Colkitt, a founding contributor at Fogo To adhere to its ethos of decentralization above all else, the crypto industry often forgets its core user: the trader. What exists today is an ecosystem that has…
The next wave of Web3 neobanks won’t be standalone apps; they’ll be embedded within platforms people already use. Opinion by: Vlad Kamyshov, CEO of Evaa Protocol The race to build the next big Web3 neobank is missing the point. Most projects are still focused on launching standalone apps, creating new interfaces and rebuilding user acquisition…
Vitalik Buterin’s presentation at the EthCC event comes amid an inflection point for the crypto industry as it attempts to reconcile growth and the Cypherpunk ethos. Ethereum co-founder Vitalik Buterin delivered a keynote speech at EthCC on Wednesday, asking blockchain developers to focus on freeing humanity through their inventions rather than building more technically advanced…