Vitalik Buterin: Crypto’s ‘Baptisms of Fire’ Will Drive Future Growth
TL;DR Vitalik Buterin highlights the importance of crises in the crypto industry for its growth. The collapse of FTX and other investment funds exposed the...
Cryptocurrencies
Venmo Partners with MoonPay to Simplify Crypto Purchases for 60 Million Users
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...
Indian National Sentenced to 5 Years for $20 Million Cryptocurrency Fraud
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...
Magnetic X Defends Against DDoS Attack on XRP Ledger
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...
Radiant Capital Hacked, Exposing Security Flaws and Causing a $50 Million Loss
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
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...
Ether Faces Seven-Month Decline Amid Intensified Layer-1 Competition
TL;DR The price of Ether has fallen by 36% over the past seven months due to competition between layer 1 (L1) blockchains. Solana stands out...
Historic Record in Bitcoin Futures Open Interest on the CME
TL;DR Open interest in Bitcoin futures on the CME reached an all-time high of 172,430 BTC, equivalent to $11.6 billion, with an increase of 25,125...
Tesla Makes First Bitcoin Moves in Two Years
TL;DR Tesla made its first Bitcoin transaction in two years, moving $225 million worth of BTC. The company transferred a total of $760 million in...
Trump Surges to 16% Lead Over Harris in Polymarket Betting Odds
TL;DR Donald Trump leads with a 57.9% chance of winning the election in Polymarket, compared to 41.8% for Kamala Harris. Bets on the election outcome...