Chun Wang, the Chinese-born Maltese-Kittitian crypto investor who co-founded F2Pool, has been named Mission Commander for SpaceX’s first commercial human spaceflight interplanetary mission to Mars, crucial to Elon Musk’s plans to send one million people to the Red Planet. Wang, whose mining pool controls roughly 11.3% of the global Bitcoin network hashrate and whose personal […]
Blockchain investigator ZachXBT has highlighted a suspected security breach involving Polymarket, the world’s largest decentralized prediction market platform. Over $520,000 was reportedly drained from two smart contracts on the Polygon blockchain, according to on-chain data shared by ZachXBT. The affected addresses are 0x871D7c0f9E19001fC01E04e6cdFa7fA20f929082 and 0x91430CaD2d3975766499717fA0D66A78D814E5c5, with funds allegedly sent to attacker address 0x8F98075db5d6C620e8D420A8c516E2F2059d9B91. Polymarket developers […]
AmericanFortress researchers introduced a patent-pending post-quantum signature scheme that could secure the global crypto ecosystem against future quantum attacks without requiring mass fund migrations. According to the company, the breakthrough means even Satoshi Nakamoto’s huge 1.1 million bitcoin stash, alongside nearly 5 million BTC in dormant accounts, can be saved, with a combined value of […]
A massive XRP derivatives play is betting that its price goes nowhere until the end of June, even as macro headwinds and regulatory developments suggest a volatility boom. The move hit the tape on crypto exchange Deribit as a single-block trade, meaning it was a large transaction executed over-the-counter in a privately negotiated deal to […]
Securitize reported record quarterly revenue as the tokenization platform continued advancing toward an eventual public listing through its proposed SPAC merger with Cantor Equity Partners II (CEPT), underscoring growing institutional demand for tokenized real-world assets despite ongoing profitability pressures. The Miami-based company said first-quarter revenue rose 39% year over year to $19.5 million, the highest […]
A key tailwind that supposedly powered bitcoin’s recent rise above $80,000 appears to be fading. The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs), which pulled in $3.29 billion in investor money through March and April, are now leaking funds. And sizeable ones at that. On Wednesday, investors yanked $635 million from these funds, the highest […]
Consensys, the Ethereum development firm led by Joe Lubin, has pushed back its potential U.S. public offering until fall at the earliest due to poor market conditions, according to two people familiar with the situation. The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs last year to lead the process. Consensys […]
XRP is back at the top of South Korean trading screens. The token’s won pair was the most traded market on Upbit over the past 24 hours, with about $110.9 million in volume, ahead of bitcoin’s $88.6 million and ether’s $67 million, CoinGecko data shows. On Bithumb, XRP/KRW recorded about $41 million in volume, ranking […]
The Ethereum Foundation and a group of major crypto wallet developers are rolling out a new security standard designed to stop users from accidentally signing away their funds, a problem that has fueled some of the industry’s biggest hacks and scams. The initiative, called “Clear Signing,” aims to replace the confusing walls of code users […]
DeFi lender Aave and other stakeholders impacted by last month’s Kelp DAO hack have launched a binding Arbitrum governance vote to transfer $71 million in disputed ether into an Aave LLC-controlled address A Constitutional Arbitrum Improvement Proposal, or AIP, is the DAO’s formal on-chain governance mechanism for approving binding protocol actions. This amended proposal implements […]
Payward, the parent company of crypto platform Kraken, is raising new capital at a $20 billion valuation, according to two people with knowledge of the matter. Kraken declined to comment on the raise. The latest fundraising round comes as the company ramps up spending on takeovers. Most recently, it bought stablecoin-focused payments firm Reap for […]
The biggest decentralization move bitcoin mining has seen in years just happened quietly, with seven of the largest pools agreeing to back the same open standard. Foundry, AntPool, F2Pool, SpiderPool, MARA Pool, Block Inc, and DMND have all joined the Stratum V2 working group, the group announced last week. Stratum V2 is an open-source protocol […]