New York Governor is yet to officially sign Bitcoin mining ban bill
Kathy Hochul, the Governor of New York, is yet to officially commit to signing the controversial Proof-of-Work (PoW) Bitcoin mining ban law, she says her team will be looking at all the bills very closely. PoW crypto mining operations fueled by fossil fuels would no longer be able to set up shop or renew existing […]
Aurora rewards ethical security hacker with $6M bug bounty
Aurora, an Ethereum (ETH) bridge and scaling solution, revealed that ethical security hacker pwning.eth had identified a significant vulnerability in the Aurora Engine and had received $6 million as a bug bounty. Over $200 million in capital is said to have been put at risk as a result of the scam. The payment was awarded […]
PayPal allows transfer of digital assets to external wallets
PayPal is now allowing customers to directly transfer, send, and receive digital assets between its platform and other wallets and exchanges. The new Paypal service is available to a limited number of U.S. customers as of Tuesday, with the feature expanding to all qualified U.S. users in the coming weeks. Bitcoin (BTC), Ethereum (ETH), Bitcoin […]
TrueFi lending protocol launches on Optimism
Protocol for unsecured lending TrueFi is the newest project to debut on Optimism, Ethereum’s popular layer-2 scaling solution. TrueFi’s lender community will benefit from a speedier and less expensive user experience, as well as exposure to a larger pool of retail lenders, by launching on Optimism. In a written statement, Rafael Cosman, co-founder of TrustToken, […]
SEC, Binance Probe Will Have Negative Effect On These Major Tokens
The US Securities and Exchange Commission’s (SEC) investigation into Binance had stirred fears over regulatory action against other cryptocurrency exchange tokens. According to reports, the watchdog will look into whether the BNB token was a “Security” at the time of the ICO. FTX and Other exchanges token price plummets amid Binance investigation Many crypto exchanges […]