Coinbase reports 6,000 crypto account hacks after SMS flawThe global crypto market cap is $2.14 trillion with a 24-hour volume of $102.52 billion. The price of Bitcoin is $48,668.91 and the BTC dominance is at 42.8%.
by Shaurya Malwa Over 6,000 Coinbase users saw their drained last week as hackers exploited an authentication bug to bypass the company’s SMS security feature, tech publication Bleeping Computer reported.
More news ⏬Nigeria suspends launch of ambitious e-naira projectThe apex bank of Nigeria has announced the postponement of the launch of the country’s CBDC project, eNaira. Theta Network’s (THETA) new API service brings Web3 video to any appNext-generation blockchain live streaming pioneer Theta Labs has released “Theta Video API” a new product for developers that allows them to add a decentralized video to any website or application without any central servers, content delivery, or video hosting software. How do the recent U.S. treasury sanctions impact crypto accessibility?On September 21, the US Treasury Department announced that it will sanction a crypto exchange for its role in facilitating financial transactions for ransomware actors. How statechains are revolutionary for Bitcoin privacy and scalabilityIn most cases, the differing substrates of a blockchain impose limits on what techniques are available to engineers building these novel systems. NFTs for photographers: A beginner’s guideAs NFTs grow in popularity, they are looking to completely reshape the digital photography world—and artists need to be able to keep up. The crypto market is bigger than ever, and so is the crypto derivatives marketThanks to heightened visibility, public endorsement from public figures such as Elon Musk, among others, and some impressive bull runs, cryptocurrency is more popular than ever. Crypto and God: Mississippi church provides Bitcoin, Ethereum, and others as giving optionLast Sunday, Back Bay church in St Martin, Mississippi, became the first known Southern Baptist church to offer cryptocurrency as a giving method, according to Baptist Press. A gold-backed stablecoin will be launching on CardanoDuring a crypto summit held by British financial newspaper City A.M., decentralized finance (DeFi) liquidity protocol MELD has announced a three-way partnership with Tingo Holdings, Nigeria’s largest mobile network, and Ubuntu Tribe, an ethical crypto company that tokenises natural resources. U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell saysSpeaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies. According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
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