The cryptocurrency community faces another stark warning to exercise caution during the ongoing bull market, as a hardware wallet user reports devastating losses attributed to a phishing attack.

A crypto investor, known as “Anchor Drops” on X (formerly Twitter), disclosed a personal loss of 10 Bitcoin (BTC) on their Ledger Nano S hardware wallet on December 13. The staggering loss, equivalent to approximately $1 million in BTC, was compounded by an additional $1.5 million loss in non-fungible t

El Salvador, renowned as the first nation to adopt Bitcoin as legal tender, is reportedly reevaluating its Bitcoin-focused policies under growing pressure from the International Monetary Fund (IMF).

Negotiations between El Salvador and the IMF are centered on a $1.3 billion loan agreement, with conditions potentially requiring significant modifications to the country’s Bitcoin Law, according to a Dec. 9 report from the Financial Times. Sources familiar with the discussions revealed that the agr

Hybrid cryptocurrency exchange GRVT has achieved a significant milestone by obtaining regulatory approval from the Bermuda Monetary Authority (BMA).

On December 6, the company announced securing a Class Modified (M) Digital Asset Business License under the Bermuda Digital Asset Business Act (DABA). This license enables GRVT to operate as a regulated decentralized exchange (DEX), marking a critical step in its journey toward becoming a leader in the hybrid crypto exchange space.

According to GR

Calgary, Alberta, December 5th, 2024, Chainwire

The EOS Network Foundation (ENF) is pleased to announce that Ceffu, the institutional custody partner of Binance, now supports the EOS mainnet. This partnership provides institutional-grade custodian services while unlocking new CeDeFi opportunities for EOS token holders through Binance’s MirrorX integration.

With Ceffu’s advanced custody infrastructure, institutions can confidently secure their EOS assets using multi-party computation (MPC) and

German Fintech 21X Secures EU License to Revolutionize Blockchain-Based Tokenization Platform

German fintech company 21X has made a significant breakthrough by securing regulatory approval to launch its blockchain-powered tokenization platform. The company, one of the four applicants under the European Union’s Distributed Ledger Technology (DLT) Pilot Regime, received the green light to operate a regulated blockchain-based trading and settlement system, as announced on December 3.

The license,

XRP Reclaims 3rd Place Among Cryptocurrencies After 4-Year SEC Battle

XRP, the cryptocurrency associated with Ripple, a prominent U.S. blockchain payments firm, has achieved a monumental milestone by returning as the third-largest cryptocurrency by market capitalization. This resurgence has ignited widespread discussions and excitement within the crypto community.

XRP’s journey to reclaim its position was far from smooth. In December 2020, it dropped out of the top three cryptocurrencies after

XT.com, one of the leading centralized cryptocurrency exchanges, has taken swift action to suspend all withdrawals following a suspected security breach that may have resulted in the theft of approximately $1.7 million in cryptocurrency.

With a reported daily trading volume of $3.4 billion, XT.com serves as a major player in the global crypto trading arena. The recent incident has raised concerns over the security of crypto assets and the operational transparency of the platform.

XT.com Suspen

Ever wondered how those dazzling online casino games you love so much come to life? You know, the ones with amazing graphics, thrilling gameplay, and huge jackpots? Well, it’s not just magic – there’s a whole process behind the scenes that brings these games to your screen. Let’s take a peek into the fascinating world of online casino software development and how these games go from an idea to the next big hit.

1. Understanding the Core Elements of Casino Software

At the heart of every great o

Non-fungible tokens (NFTs) continue to demonstrate resilience in the digital collectibles market, with weekly sales volumes holding strong despite a minor dip compared to last week’s peak.

As of November 24, NFT analytics platform CryptoSlam reported a total sales volume of approximately $158 million over the past seven days. This marks a 12.7% decline from the previous week’s robust $181 million but still reflects considerable activity in the sector. Notably, these figures remain significantly

The proposal by U.S. Senator Cynthia Lummis to establish a strategic Bitcoin reserve is garnering attention, but experts believe it won’t be sufficient to address the escalating national debt crisis, which has now reached $35 trillion. Avik Roy, the president of the Foundation for Research on Equal Opportunity, shared his insights on the matter during the North American Blockchain Summit 2024 in Dallas, Texas, on November 20.

“When Senator Cynthia Lummis of Wyoming talks about how a Bitcoin res

Seoul, South, Korea, November 20th, 2024, Chainwire

Hashed and its technology arm, ShardLab, have joined forces with Naver Pay, one of the highest-used mobile payment services in South Korea, to integrate NFT-based ticketing technology.

The collaboration, which debuted at Naver’s annual technology conference, DAN24, saw over 20,867 NFTs issued and 8,849 transactions processed during the two-day event, with a total of 6,000 attendees, making this initiative one of South Korea’s largest deployme

The crypto world was recently shaken by the news of a significant hack on Polter Finance, a decentralized lending and borrowing platform. The attack resulted in the loss of over $12 million in digital assets. This incident has raised concerns about the security of decentralized finance (DeFi) protocols and the risks associated with smart contract vulnerabilities.

According to security firm TenArmor, the hack exploited a vulnerability in Polter Finance’s newly launched SpookySwap (BOO) market. T

Bitcoin’s recent surge has sparked renewed optimism among investors and analysts. With the potential for further price appreciation, particularly in light of the upcoming US presidential election, the cryptocurrency market is abuzz with bullish sentiment.

The potential for a more crypto-friendly regulatory environment under a Trump presidency could significantly impact Bitcoin’s price. A clear regulatory framework could attract institutional investors and accelerate mainstream adoption.

Bitcoi

Revolut, the popular neobank, is further solidifying its position in the cryptocurrency market with the expansion of its Revolut X exchange to 30 European Economic Area (EEA) countries. This move marks a significant step forward for the company, allowing eligible customers in these regions to trade a wide range of cryptocurrencies directly from their Revolut accounts.

Revolut X offers a diverse range of over 200 cryptocurrencies and tokens, catering to the needs of both novice and experienced t

The cryptocurrency community was recently shaken by a significant phishing attack that resulted in the loss of over $6 million worth of GIGA tokens. A prominent investor, known as “Still in the Game,” fell victim to a sophisticated phishing scheme that compromised their wallet and drained its contents.

The attack began with a deceptive Zoom meeting invitation. Once clicked, the victim’s device was infected with malware. This malicious software allowed the hackers to gain access to the victim’s

Tether, the world’s largest stablecoin issuer, has introduced a groundbreaking development tool: the Open-Source Wallet Development Kit (WDK). This innovative tool aims to simplify the integration of non-custodial wallets into various applications, paving the way for a more user-friendly and accessible digital asset ecosystem.

The WDK empowers users to maintain full control over their digital assets by providing non-custodial wallet solutions.

The modular design of the WDK makes it easy for de

Norway, a progressive nation known for its innovative approach to technology and finance, is actively exploring the potential of central bank digital currencies (CBDCs) and the broader cryptocurrency landscape. The country’s central bank, Norges Bank, has expressed support for the European Union’s Markets in Crypto-Assets Regulation (MiCA) while cautiously navigating the complexities of CBDC implementation.

Norges Bank, as a member of the European Economic Area (EEA), is closely aligned with th

Roman Sterlingov, the founder of the notorious darknet cryptocurrency mixer Bitcoin Fog, has been sentenced to 12.5 years in prison. This significant sentence underscores the increasing scrutiny and regulatory crackdown on privacy-focused crypto tools.

Bitcoin Fog operated as a go-to service for criminals to launder the proceeds of illicit activities. The platform processed billions of dollars worth of Bitcoin, enabling criminals to obscure the origin of their funds. The US Department of Justic

The recent US presidential election has sparked renewed interest in cryptocurrency investments, particularly for Ethereum. This sentiment is reflected in the increased inflows into spot Ether exchange-traded funds (ETFs).

On November 6th, nine US-listed spot Ether ETFs saw a combined net inflow of $52.3 million. This marked the highest inflow for these funds in six weeks, signaling growing investor confidence in Ethereum.

While BlackRock’s iShares Ethereum Trust, the largest Ether ETF, saw zer

Abu Dhabi, United Arab Emirates, November 5th, 2024, Chainwire

This collaboration introduces a blockchain-based payments solution for innovative $99 Jambo smartphones, targeting crypto payments for millions.

Jambo, a leading builder of web3 mobile infrastructure, today announced its partnership with Lif3, the revolutionary omni-chain DeFi Layer-1 ecosystem, to offer millions of Jambo phone users in over 120 countries, with easier access to peer-to-peer crypto payments through the Lif3 mobile a