Cointelegraph By Helen Partz
The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, has eliminated a significant vulnerability after a $550,000 hack in October.On Oct. 17, the Fantom Foundation suffered a hot wallet hack, with an unknown attacker draining 1% of Fantom Foundation’s funds. The foundation subsequently stopped using some of...
Global cryptocurrency exchange-traded products (ETP) have seen a significant uptick in 2023, reportedly outpacing the growth of underlying assets, according to a report by digital asset platform Fineqia.Crypto-based ETPs issued by companies like 21Shares, Grayscale and CoinShares recorded a 91% increase in total assets under management (AUM) from Jan....
The global exchange-traded fund (ETF) provider WisdomTree filed an amended S-1 form spot Bitcoin (BTC) ETF prospectus with the United States Securities and Exchange Commission (SEC) on Nov. 16.The update comes a few months after WisdomTree refiled its spot Bitcoin ETF application in June 2023, proposing a rule change to list and...
Ferrari’s decision to allow U.S. residents to buy its cars in exchange for cryptocurrencies like Bitcoin (BTC) has become one of the biggest market wins in 2023, according to the CEO of the Bitcoin ATM operator CoinFlip.Ferrari has been aware of the growing demand from clients for alternative payment...
The Singapore-based BSN Foundation, a global blockchain infrastructure organization, officially announced its launch with five international founding members on Nov. 16.BSN’s founding members include the institutional digital asset wallet Blockdaemon, the blockchain infrastructure automation platform Zeeve, the digital asset creation platform Toko and tech firms GFT Technologies and Red...
Justin Sun’s cryptocurrency exchange Poloniex is preparing to resume operations after suffering a major hack in November, according to an official company announcement posted on Nov. 15.In the statement, the company said that the platform has “mostly completed” the restoration efforts after the $100 million hack.“The platform is now operating smoothly,”...
Users of the major nonfungible token (NFT) marketplace OpenSea have said they are being targeted with a new email phishing attack, and have received emails containing malicious links from attackers posing as the marketplace itself.According to social media reports, OpenSea users and developers have been targeted by various email...
Tether (USDT), the largest stablecoin by market value, has been breaking new records throughout 2023, with its market capitalization adding at least $20 billion so far this year.According to data from the blockchain data provider Whale Alert, Tether has minted 22.75 billion USDT so far this year, with at...
BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX.BC Technology entered into a partnership with BGX, which agreed to subscribe for shares in BC Technology for an investment of about 710 million Hong Kong dollars ($90.1...
Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group.Fnality has raised 77.7 million British pounds ($95.09 million) in a second round of funding, Reuters reported on Nov. 13. In...
