Cryptocurrency and Blockchain News - The Cryptocurrency Post

Venmo Partners with MoonPay to Simplify Crypto Purchases for 60 Million Users

joseOctober 18, 2024October 18, 2024

by joseOctober 18, 2024October 18, 20240

TL;DR Seamless Integration: Venmo’s partnership with MoonPay allows its 60 million users to buy cryptocurrencies directly through their Venmo accounts, simplifying the process without needing

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Indian National Sentenced to 5 Years for $20 Million Cryptocurrency Fraud

fernandoOctober 18, 2024October 18, 2024

by fernandoOctober 18, 2024October 18, 20240

TL;DR An Indian citizen has been sentenced to five years in prison for crypto fraud using fake websites imitating Coinbase. The fraud allowed him to

DeFi Editor's Picks

Magnetic X Defends Against DDoS Attack on XRP Ledger

fernandoOctober 18, 2024October 18, 2024

by fernandoOctober 18, 2024October 18, 20240

TL;DR Magnetic X successfully repelled a DDoS attack. The platform has strengthened its security without giving in to the attackers’ demands. The exchange remains committed

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Uniswap Drives DEX Trading Volume Surge to $544 Trillion

joseOctober 17, 2024October 17, 2024

by joseOctober 17, 2024October 17, 20240

TL;DR Uniswap’s Dominance: Uniswap has driven DEX trading volume to an incredible $544 trillion, thanks to its Layer 2 solutions enhancing scalability and reducing transaction

DeFi Editor's Picks

Radiant Capital Hacked, Exposing Security Flaws and Causing a $50 Million Loss

guidoOctober 17, 2024October 17, 2024

by guidoOctober 17, 2024October 17, 20240

TL;DR Radiant Capital suffered an attack resulting in the loss of over $50 million due to flaws in its multisig configuration. The vulnerability allowed transactions

XRP Ledger to Implement Major Decentralized ID Upgrade on October 30

fernandoOctober 17, 2024October 17, 2024

by fernandoOctober 17, 2024October 17, 20240

TL;DR The XRP Ledger (XRPL) will be updated with the Decentralized Identifiers (DID) amendment on October 30. The amendment aligns DID operations on XRPL with