Posted inCryptocurrency
How Ripple’s XRP escrow works: The monthly unlock explained
On the first day of every month, one billion XRP leaves a set of locked contracts on the XRP Ledger, and every month traders argue about what it means. Here…
Posted inCryptocurrency
Bitcoin spam fight escalates as Dashjr backs BIP-110
Bitcoin developer Luke Dashjr has rejected calls to withdraw BIP-110, a disputed proposal that aims to limit non-financial data on Bitcoin. Summary Luke Dashjr rejected calls to cancel BIP-110 as…
Posted inCryptocurrency
South Korea opens hearing process in Polymarket gambling review
South Korea has delayed any enforcement decision against Polymarket after giving the prediction market platform a chance to respond to concerns that its service may violate the country’s gambling laws.…
Posted inCryptocurrency
Polymarket ban fails as U.S. wallets wager $571M
U.S.-linked wallets traded about $571 million in political contracts on Polymarket over the past year, according to on-chain research firm Allium. Summary U.S.-linked wallets led Polymarket political trading despite restrictions…
Posted inCryptocurrency
Hong Kong crypto industry wins SFC backing for CVAP exam changes
Hong Kong’s Securities and Futures Commission has committed to separating the Certified Virtual Asset Platform practitioner exam from its mandatory course, reducing assessment fees, and improving study materials following talks…
Posted inCryptocurrency
Coinspect warns Ill Bloom flaw may drain more crypto wallets
Coinspect has warned that thousands of crypto wallets may be at risk because of weak recovery phrase generation. The security firm named the issue “Ill Bloom” and said it affects…
Posted inCryptocurrency
South Korean consortium completes won based digital currency pilot on Kaia
South Korean blockchain consortium has completed a proof of concept showing a blockchain-based digital local currency processing payments and settlements in under one second with a reported 100% transaction success…
Posted inCryptocurrency
Summer.fi under attack as Blockaid flags $6M exploit
Blockaid said its exploit detection system identified an active attack on Summer.fi, a DeFi yield aggregation and automated vault management platform. The security firm said the attack had drained about…
Posted inCryptocurrency
South Korea proposes crypto seizure rules for civil debt enforcement
South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that set out how cryptocurrencies can be seized, transferred and converted into cash during debt collection proceedings,…
Posted inCryptocurrency
Nigel Farage denies wrongdoing over gifts linked to crypto fraudster
Nigel Farage has faced fresh questions over undisclosed gifts after reports claimed he accepted support from a crypto entrepreneur with a US fraud conviction while serving as Reform UK leader.…