Hedera, IOHK Join As DeRec Alliance Final Founding Members
Cardano and Hedera join Ripple and Algorand in the Decentralized Recovery Alliance to help determine the future of crypto security standards. Cardano’s development arm, Input Output (IOHK) , and Hedera, a decentralized public network, have officially joined the Decentralized Recovery (DeRec) Alliance as founding members. A press release shared with Cointelegraph states that these two […]
Penpie Protocol Suffers $27M Loss Due To Recent Hack
The Penpie protocols were victims of a digital asset hack on Sept. 3, 2024, and $27 million in client funds were drained. At the time of this writing, the Penpie protocol , an independent decentralized finance protocol constructed on top of Pendle, was the victim of an exploit on Sept. 3, 2024, resulting in the […]
Vitalik Buterin Denies Profit Driven Ether Sale
The allegations surfaced after a community member on X accused vitalik Buterin of selling over $2M in ETH following a positive tweet. Vitalik Buterin, one of the co-founders of Ethereum, has denied the charges that he illegally sold millions of dollars’ worth of Ether for his own personal gain. According to him, the sole reason […]
Loka mining CEO Eyes hashrate Contracts to Ease rising costs
The Loka Mining CEO, a decentralized mining pool operator, said he had discovered a method to sell future hashrate to finance short-term growth. Andy Fajar Handika, a decentralized mining pool operator and Loka Mining CEO, has discovered a method to sell future hashrate to finance short-term requirements and growth as Bitcoin miners continue to capitulate […]
Aptos Network Partners with Nillion for Privacy-Focused Apps
Aptos will be able to support confidential DeFi, private AI assistants and more. Aptos is partnering with Nillion, a privacy platform, to enable privacy-preserving applications on its layer-1 blockchain network, as reported by Cointelegraph on August 29. This integration will allow Aptos to support a variety of applications, including confidential decentralized finance (DeFi), private artificial […]