World Bitcoin News

A total of 517,000 token votes favored the proposal, with none opposing it. The governance tokenholders of Tornado Cash will soon regain control over the protocol’s operations, thanks to an unexpected proposal put forward by the attacker. This development allows the community to regain authority and steer the protocol toward recovery and improved security measures.On…Read More

The attacker used the lack of slippage control over tokens to steal the funds. Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the latest to suffer an attack resulting in a significant loss of funds.According to blockchain security firm PeckShield, Jimbos Protocol — the liquidity…Read More

The release of the white paper coincides with new digital asset regulations in Hong Kong, raising further interest in China’s stance toward the crypto industry. Beijing’s municipal government has unveiled a white paper to foster innovation and advance the Web3 industry.The “Web3 Innovation and Development White Paper” was revealed at the Zhongguancun Forum by the…Read More

The platform was launched to promote crime prevention in the metaverse, with the police warning that “all crimes in the cyberspace could also happen in the metaverse.“ The cybersecurity unit of the Hong Kong Police Force has launched CyberDefender, a new metaverse platform designed to educate the public about the potential dangers associated with Web3…Read More

United States President Joe Biden has urged the United States Congress to “pass the agreement right away.“ Amid growing concerns of a potential default by early June, United States President Joe Biden and House majority leader Representative Kevin McCarthy have reportedly reached an “agreement in principle” to raise the federal government’s multitrillion-dollar debt ceiling.According to…Read More

FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman’s crypto project Worldcoin raises millions of dollars. Top Stories This WeekBinance suspends deposits for bridged tokens, seeks clarity from Multichain team Crypto exchange Binance suspended deposits for 10 bridged tokens following days of uncertainty surrounding the Multichain protocol. Transactions on the cross-chain…Read More

Occasionally, rumors surface that Grand Theft Auto six will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3. Rumors suggesting Grand Theft Auto six will incorporate cryptocurrencies surface every once in a while, fueling expectations that the highly-anticipated game may include digital assets as rewards for players, and nonfungible tokens (NFTs) as…Read More

The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin in November 2022. After five years out of the Japanese market, crypto exchange Binance has begun the process of establishing a new and fully regulated subsidiary in the country. The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin…Read More

Cheds shares the story of how he shifted his focus to crypto after being diagnosed with cancer. Technical analyst Cheds has dreamed of being a trader since his childhood. However, the journey he had to take to fulfill his dream wasn’t very straightforward. In an episode of Cointelegraph’s Crypto Stories, Cheds shared his humble beginnings. According…Read More

This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis. Another centralized exchange (CEX) bites the dust, with Hotbit announcing it will close operations due to adverse business conditions. As is common among CEX collapses in recent months, the crypto firm mentioned FTX, the…Read More

Debates in crypto are increasingly polarized and politicized, as a recent CoinDesk story about a controversial mining plant in New York shows.Read More

The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts.Read More

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Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum with Binance and Astaria entering the market.Read More

Lybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin.Read More

The joint venture between Gulf Innova and Binance aims to offer crypto services in the country starting later this year.Read More

More than 9.3 million tokens will be unlocked Sunday, representing 1.2% of AXAX’s total supply.Read More

Tsuyoshi Chino added that Binance J.apan may be still “a long way off” its business and activities being properly understood in gaining regulatory acceptanceRead More

The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Read More

The NFTs, debuting this weekend at the Monaco Grand Prix, offer collectors access to the race as well as a host of loyalty benefits.Read More