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Blockchain

SoFi Technologies to cease crypto services by Dec. 19

SoFi Technologies to cease crypto services by Dec. 19

United States personal finance company SoFi Technologies will end crypto trading services for its users by Dec. 19. According to the Nov. 29 announcement, new crypto account openings on SoFi...
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Canaan secures new financing as revenue falls 55% in Q3

Canaan secures new financing as revenue falls 55% in Q3

Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line. According to its Q3 2023 earnings report released on Nov. 28, the company...
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Crypto exchange grace period to remain unchanged in Hong Kong despite scandals

Crypto exchange grace period to remain unchanged in Hong Kong despite scandals

A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals. According to local news reports on Nov. 27, Julia Leung, CEO of...
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Cosmos Hub greenlights ATOM inflation cut for security boost

Cosmos Hub greenlights ATOM inflation cut for security boost

The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14% to 10%. According to the proposal, the...
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Decentralized file sharing, explained

Decentralized file sharing, explained

The importance of decentralization in file sharing Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to distribute files across a network of...
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Blockchain devs expect complications from EU smart contract kill switch

Blockchain devs expect complications from EU smart contract kill switch

The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If...
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HTX to restore services 'within 24 hours' after $13.6M hack

HTX to restore services ‘within 24 hours’ after $13.6M hack

Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. According to its official announcement, the exchange...
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Substance abuse grows among crypto traders – Cointelegraph Magazine

Substance abuse grows among crypto traders – Cointelegraph Magazine

Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing number of crypto traders. Abdullah Boulard, founder and CEO at...
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Circle launches 'bridged USDC standard' for deploying to new networks

Circle launches ‘bridged USDC standard’ for deploying to new networks

Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to a Nov. 21 blog post.  The new “bridged USDC standard”...
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Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report

Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report

Crypto media platform CoinDesk has been acquired by crypto exchange Bullish for an undisclosed sum, according to a report published in The Wall Street Journal (WSJ) on Nov. 20. The crypto exchange...
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