Key takeaways PoR audits are cryptographic verifications used by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits. Using methods like Merkle trees and zero-knowledge proofs, PoR ensures transparency, similar to how capital reserves are mandated in traditional finance for stability. Coinbase’s cbBTC uses PoR to verify that for every wrapped Bitcoin,…
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Aleksei Andriunin, a Russian national charged with manipulating cryptocurrency through the Gotbit market maker platform, has reportedly struck a plea deal with prosecutors in the United States. Gotbit founder and CEO Andriunin has agreed to forfeit about $23 million in Tether USDt (USDT) and Circle’s USDC (USDC) in a plea deal with Massachusetts federal prosecutors,…
The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds. The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH)…
Un informe de Coinbase reveló que el intercambio de cifrado es el operador de nodo más grande en la red Ethereum, que controla el 11.42% del éter estacado total. En un informe de desempeño, Coinbase dijo que tenía 3.84 millones de éter (ETH), con un valor de aproximadamente $ 6.8 mil millones, apostado por sus…
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Bitcoin is unlikely to revisit the $77,000 price level anytime soon after the Fed signaled a slowdown in quantitative tightening (QT), says BitMEX co-founder Arthur Hayes. On March 10, Bitcoin (BTC) dipped near the $77,000 level for the first time since November, according to CoinMarketCap data. “Was BTC $77k the bottom, prob,” Hayes said in…
Pakistán está desarrollando un marco legal para la criptomoneda en un esfuerzo por atraer inversores internacionales a la nación de Asia Central. “Pakistán ha terminado sentado al margen; queremos tener claridad regulatoria; necesitamos tener un marco legal que sea pro-negocio”, dijo el CEO del Consejo de Cripto de Pakistán, Bilal Bin Saqib, a Bloomberg el…
The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain. The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project. The project was…
Bitcoin (BTC) spiked to two-week highs on March 20 amid rumors that the US government was preparing a “major update” to its crypto policy. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Fed’s Powell injects relief into stocks, crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching nearly $87,500 on Bitstamp. Currently consolidating near $86,000, Bitcoin…
