In an interview with Cointelegraph, US Senator Ted Cruz discusses Bitcoin’s role in driving small business growth, its potential as a hedge against inflation, and why Texas is becoming a top crypto hub. Read More at https://cointelegraph.com/news/sen-ted-cruz-bitcoin-regulation-texas-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: January 2025
Bybit exchange suspends services in India due to regulatory pressure
Bybit will continue honoring user withdrawal requests despite temporarily halting other services. Read More at https://cointelegraph.com/news/bybit-suspends-crypto-trading-india?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How validator compromises threaten DeFi security
Validators are the backbone of PoS blockchains, but centralization and compromises can threaten their integrity, security and user trust Read More at https://cointelegraph.com/explained/how-validator-compromises-threaten-defi-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Offchain transaction validation could prevent 99% of crypto hacks, scams
A blockchain security solution by Cyvers could prevent 99% of crypto hacks and scams, addressing vulnerabilities like phishing and CEX exploits that cost $2.3 billion in 2024, the company said. Read More at https://cointelegraph.com/news/offchain-transaction-validation-prevent-crypto-hacks-scams?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoin issuer ‘Usual’ faces sell-off after redemption update
Usual’s USD0++ staked stablecoin introduces dual exit mechanisms, prompting market volatility and significant community debate. Read More at https://cointelegraph.com/news/stablecoin-issuer-usual-selloff-redemption-update?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arbitrum DAO gains unanimous support for BoLD protocol upgrade
The BoLD upgrade enables anyone to participate in securing the network, removing centralized validator restrictions. Read More at https://cointelegraph.com/news/ethereum-layer-2-scaling-solution-arbitrum-proposes-bo-ld-protocol-to-counter-delay-attacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia seizes $10M in Bitcoin from ex-official in bribery case
The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet. Read More at https://cointelegraph.com/news/russia-seizes-10-million-bitcoin-from-official-biggest-bribery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Philippine banks collaborate to launch PHPX stablecoin on Hedera
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions. Read More at https://cointelegraph.com/news/filipino-banks-launch-phpx-stablecoin-hedera?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US and Canada Bitcoin ETFs: Biggest buyer vs. worst loser
Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada’s history. Read More at https://cointelegraph.com/news/bitcoin-etfs-usa-versus-canada-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Indian crypto exchange WazirX charts recovery path after $235M cyberattack
WazirX has implemented a Singapore-backed restructuring plan to recover from its July 2024 $235 million cyberattack. Read More at https://cointelegraph.com/news/indian-crypto-exchange-wazir-x-charts-recovery-path-after-235-m-cyberattack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound