BJ Allan Guo, the former director of the closed down Blockchain Global, will face court proceedings in Australia over allegations that he mishandled customer funds of crypto exchange ACX, which was operated by Blockchain Global. The Australian Securities and Investments Commission (ASIC) is bringing civil penalty proceedings in the Federal court against Guo and his involvement … Read more
A newly discovered Linux malware campaign is compromising unsecured Docker infrastructure worldwide, turning exposed servers into part of a decentralized cryptojacking network that mines the privacy coin Dero DERO. According to a report by cybersecurity firm Kaspersky, the attack begins by exploiting publicly exposed Docker APIs over port 2375. Once access is gained, the malware … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3271.42, down 0.8% (-26.09) since 4 p.m. ET on Tuesday. Eleven of 20 assets are trading higher. Leaders: UNI (+5.5%) and DOT (+1.3%).Laggards: SOL (-2.1%) and AAVE (-1.8%). The … Read more
The cryptocurrency market continues to navigate choppy waters as global economic tensions weigh on investor sentiment. Shiba Inu has established a resistance zone around $0.00001467-$0.00001470, where high-volume selling has prevented upward movement, according to CoinDesk Research’s technical analysis data model. The formation of lower highs since recent peaks indicates increasing bearish pressure, though the token … Read more
Conduit, a cross-border payments firm that uses stablecoins, has raised $36 million in a Series A round to expand its global payment rails, the company said on Wednesday. The round was led by Dragonfly and Altos Ventures, with backing from Circle Ventures and Digital Currency Group among others. Founded in 2021, the Boston-based startup offers … Read more
TON’s remarkable price action featured extraordinary trading volume – approximately 10x the period’s average during peak hours, with strong support forming at $2.97-$2.98 and new resistance established at $3.27. The most dramatic movement occurred in a two-minute window when TON skyrocketed from $3.18 to $3.29, accompanied by volume exceeding 2.1M in a single minute, demonstrating … Read more
Decentralized finance (DeFi) platform Cork Protocol has suffered a smart contract exploit, with hackers reportedly stealing $12 million worth of wrapped staked ether (wstETH). Blockchain security monitor Cyvers noticed the exploit, stating that the malicious contract was deployed by a wallet likely funded by a service provider. It added that $12 million worth of wstETH … Read more
Trading platform eToro (ETOR) has expanded its crypto offerings in the U.S., adding 12 new digital assets including Dogecoin DOGE, Cardano ADA and XRP XRP, the company said Wednesday. The additions bring the total number of cryptocurrencies available to U.S. users to 15. The new tokens also include Aave AAVE, Chainlink LINK, Compound COMP, Ethereum … Read more
Bergen County, New Jersey is turning to the Avalanche AVAX network to put its entire property record system on blockchain, claiming to be the largest property deed tokenization project in the U.S. Under a five-year agreement with land record blockchain firm Balcony, the well-to-do county across the Hudson River from New York city will migrate … Read more
Katana, a new decentralized finance (DeFi)-focused blockchain incubated by industry heavyweights Polygon and GSR, shared on Wednesday that its private mainnet has gone live. The new layer-2 blockchain will unify “all liquidity in a set of protocols and collect yield from all potential sources,” the team shared in a press release sent to CoinDesk. Katana’s … Read more
