Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated operation.” The platform took to X on to share its findings […]
Naoris Protocol has launched its mainnet, introducing a layer-1 blockchain designed to use post-quantum cryptography for transaction validation and network security. The network is live with limited, invite-only participation, allowing early users to run validator […]
Author David Pokima Author David Pokima Part of the Team Since Jun 2023 About Author David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable […]
U.S.-Listed Bitcoin Miner Cango Closes $75M Financing Round for AI Expansion The $65 million equity placement was purchased by entities controlled by Chairman Xin Jin and Director Chang-Wei Chiu. The transaction issued 49,242,424 Class A […]
Treasury Invites Public Feedback on Framework Bridging State and Federal Stablecoin Rules The U.S. Department of the Treasury issued a notice of proposed rulemaking (NPRM) on April 1, seeking public input on stablecoin regulation. The […]
Key takeaways ZCash is one of the worst performers among the top 30 cryptocurrencies by market cap, down 3.5% in the last 24 hours. The coin could rally higher in the near term amid demand […]
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TLDR Bitmine now holds more than 4.7 million ETH, representing 3.9% of Ethereum’s total supply. The company has reached nearly 80% of its goal to control 5% of the Ethereum supply. With ETH trading at […]
Researchers at the California Institute of Technology theorize that a functional quantum computer may require far fewer qubits than previously thought, making it feasible for the first quantum computer to be deployed before the end […]
Author David Pokima Author David Pokima Part of the Team Since Jun 2023 About Author David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable […]
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