Cryptocurrency Analysis and News Portal
The FSB, which monitors financial systems and proposes rules to help prevent financial crises, said it was assessing the financial stability implications of multifunction crypto-asset intermediaries (MCIs) in July. MCIs are individual firms or groups of affiliated firms that combine a broad range of services, products and functions typically centered
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In the end, there might still be only a handful of actors directly interfacing with DeFi primitives. However, when these actors are vaults rather than private entities, the landscape transforms. Instead of private market makers monopolizing LP profits on decentralized exchanges, vaults can assume the same role while distributing those
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In the long term, the security of the first cryptocurrency is not threatened by quantum computing, but by a change in the reward model for miners. This was stated by Lawrence White, professor of economics at George Mason University. According to White, after the last Bitcoin (BTC) is mined, which
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In light of recent security challenges, Atomic Wallet teams up with intelligence firms Chainalysis and Crystal to identify and neutralize sophisticated threat mechanisms affecting its platform. Atomic Wallet has once again become a topic of discussion in the crypto community after it announced on Cryptox its successful collaboration with blockchain intelligence
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Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United States Treasury’s proposed tax reporting regulations on cryptocurrencies. Grewal urged the community to oppose the proposed regulations, as they could set a dangerous precedent for surveillance.Grewal took to X (formerly
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The Central Bank of Nigeria (CBN) had to publicly insist that its eNaira project — one of the world’s first operating central bank digital currencies (CBDC) — doesn’t threaten the country’s financial stability. The Oct. 9 press release from the CBN came in response to “news items on some media platforms,” suggesting
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The world’s flagship crypto, Bitcoin (BTC), is showing some signs of tension. While external events frequently steer its course, the latest headwinds
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In the crypto sphere, SIM swap scams are on the rise, leading to significant losses. Uncover the concerning trend and take steps to protect your assets. On Sept. 9, scammers took over the social media account of Ethereum (ETH) co-founder and CEO Vitalik Buterin. They then used it to post a
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OP Labs, the company behind Optimism, has gotten some heat in the past about not having fraud proofs securing its mainnet, including from the CEO of Offchain Labs, Optimism’s competitor and the company behind the Arbitrum blockchain, who tweeted: “Without fraud proofs, Ethereum provides zero security.” Source
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Balancer, a decentralized finance (DeFi) protocol operating on the Ethereum blockchain, has recently disclosed a critical vulnerability impacting several of their V2 Pools. While
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