Tether Reports Q3 Profit and Significant Increase in Excess Reserves
According to Cointelegraph, Tether’s excess reserves nearly doubled to approximately $8 billion at the end of September. The company also reported…
Cryptocurrency
Bitcoin, Ethereum, DeFi, blockchain, and crypto markets
Bitcoin Faces Growing Quantum Security Concerns Amid Market Developments
According to Cointelegraph, Bitcoin faces mounting quantum security concerns as Ripple secures a US banking charter, USDC gains ground in…
Binance hack investigation finds no direct link to EIP-7702; possible role in loss escalation noted
According to Cointelegraph, security experts stated that attackers were able to drain Binance’s cryptocurrency wallets without the influence of Ethereum…
Binance Announces $5 Billion in Matching Tokens Held to Offset Hack Losses
According to Cointelegraph, Binance stated that it currently holds approximately $5 billion in matching tokens placed in custody for the purpose…
Binance collaborating with FBI to recover frozen cryptocurrency assets
According to Cointelegraph, Binance is working with the FBI to recover assets that are currently frozen. The company has set…
US startup claims mercury converted to gold; implications for Bitcoin discussed
According to Cointelegraph, a US fusion startup has stated it has turned mercury into gold. The article explores whether a…
Bitcoin Holds Above $76,000 Amid $1.6B Liquidations Following Binance Hack
According to Cointelegraph, Bitcoin maintained a level above $76,000 following the recent Binance hack and concurrent sell-offs in technology stocks….
Zcash Grants Group Proposes $124 Million Funding Shift Amid Governance Pushback
According to Cointelegraph, the Zcash Community Grants group has proposed redirecting approximately $124 million in existing and future grant funding…
North Korea linked to $6.3B Binance hack through TraderTraitor individual
According to Cointelegraph, investigators have linked a person known as TraderTraitor to a $6.3 billion theft from Binance. TRM Labs expresses…
Strategy Announces Plans for Additional Bitcoin Purchases Amid $30B Digital Credit Outlook
According to Cointelegraph, Michael Saylor stated that Strategy intends to acquire more Bitcoin. He also indicated that the company could…