41 firms join BIS Project Agora to advance unified ledger applications

The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.

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Banks face new risks from permissionless blockchains, BIS warns

To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to control and limit access to cryptocurrency assets.

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$1.6B port investment could revive El Salvadors Bitcoin City plans

The Turkish Yilport Holdings made the largest-ever private investment in El Salvador and will develop the port at the proposed site of Bitcoin City.

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Marathon Digital Holdings (MARA) Proposes $250 Million Convertible Senior Notes Offering

Marathon Digital Holdings (MARA) announces a proposed $250 million private offering of convertible senior notes to acquire bitcoin and for corporate purposes. (Read More)

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African Union greenlights AI adoption across member states

The strategy aims to fast-track AI development and adoption in Africa, driving innovation and growth in the continent.

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Tangem and Visa Unveil Revolutionary Crypto Payment Card for Europe

Tangem has partnered with Visa to introduce a new card that combines the convenience of a traditional payment card with the security of a hardware wallet.

The post Tangem and Visa Unveil Revolutionary Crypto Payment Card for Europe appeared first on Crypto Breaking News.

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$8M theft forces Bittensor network shutdown

All user funds are safe following the network halt, according to the Bittensor team.

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Exciting Summer Promotion: Save 20% on Ledger Nano Color Wallets

The Ledger vibrant summer promotion, running from July 3rd to July 10th. This limited-time offer allows you to save 20% on all Ledger Nano color wallets.

The post Exciting Summer Promotion: Save 20% on Ledger Nano Color Wallets appeared first on Crypto Breaking News.

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Discover Tangem Wallet and Get 10% Off with Promo Code CRYPTO

Enter the Tangem Wallet, a revolutionary device designed to provide unparalleled security and convenience for your digital assets. Get 10% off.

The post Discover Tangem Wallet and Get 10% Off with Promo Code CRYPTO appeared first on Crypto Breaking News.

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Missing words in a seed phrase: How many are recoverable?

Remembering and deliberately missing a few words from a seed phrase backup is not a good idea, as one can hack up to four words.

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Tangem Launches Worlds First Ring Hardware Wallet

Pre-order the Tangem Ring by 30th July to enjoy your first three swaps at floating rates with 0% processing fees by using a special promo code.

The post Tangem Launches World’s First Ring Hardware Wallet appeared first on Crypto Breaking News.

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Crypto hacks increase in 2024, but smart contracts not to blame

Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks.

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Private firms to join global central bank CBDC project

As Project mBridge enters its MVP phase, the BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platforms potential.

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SFC Suspends Shum Wai Nap for Seven Months Over Private Fund Mismanagement

The SFC has suspended Shum Wai Nap for seven months due to failures in managing a private fund, highlighting significant regulatory actions. (Read More)

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'Crypto King' Aiden Pleterski faces fraud, money laundering charges

Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation.

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Pareto Unveils Innovative Synthetic Dollar Backed by Private Credit

Pareto, a prominent player in the cryptocurrency space, has recently unveiled a groundbreaking initiative – the launch of a synthetic dollar backed by private credit. This innovative development represents a significant step forward in the realm of digital currencies, offering a new avenue for investors and enthusiasts to explore. The synthetic dollar, as the name [...]

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Alex bridge on BNB Smart Chain drained of $4.3M after suspicious upgrade CertiK

The deployer account changed an Alex contracts implementation address, and multiple tokens were subsequently drained from its bridge.

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‘Killer use case’: Citi says trillions in assets could be tokenized by 2030

Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion to $5 trillion by 2030. That would mark an 80-fold increase from the current value of real-world assets locked on blockchains, Citi explained [...]

The post ‘Killer use case’: Citi says trillions in assets could be tokenized by 2030 appeared first on Crypto Breaking News.

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VLS Beta For Major Security Enhancement Of Lightning Nodes Released

In a significant development for the Bitcoin Lightning Network, the Validating Lightning Signer (VLS) beta release has been announced, aiming to address the growing security concerns within the network. The VLS solution, an open-source Rust library and reference implementation, separates a user’s private keys from their Lightning node, providing an extra layer of protection against [...]

The post VLS Beta For Major Security Enhancement Of Lightning Nodes Released appeared first on Crypto Breaking News.

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Understanding Your Bitcoin Keys: Bip39 Seed Words

How large numbers and randomness secure your bitcoin, and what your seed phrase has to do with it. The first installment of 10 Steps to Self-Sovereignty powered by Ledger.

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