A startling confession has emerged from the ranks of the Solana-based Cypher Protocol’s team. An anonymous core contributor known only as “hoak” has admitted to the misappropriation of approximately $260,000 worth of cryptocurrencies. This admission comes in the wake of an exploit that rocked the protocol in August 2023, which resulted in the theft of $1 million in digital assets.
The cryptocurrency landscape faced another hiccup as Degen Chain, a layer-3 blockchain built on Ethereum, suffered a major technical setback. Operations screeched to a halt due to a custom configuration change gone awry, leading to a 53-hour freeze in block production. Degen Chain’s native token, DEGEN, took a significant hit following the network disruption, with the price tumbling by 24%
In the shifting landscape of European financial services, the strategic partnership between Trading 212 and Paynetics emerges as a beacon of progress. With both companies bringing their unique strengths to the table, this alliance promises to introduce innovative financial solutions that are tailored to meet the evolving needs of modern traders and investors. By harnessing the power of technology and
In a bid to ramp up security and tackle the ever-present threat of mobile theft, Android 15 has rolled out new anti-theft features that promise to put users’ minds at ease. With the latest update, smartphone owners now have the power to remotely lock their devices and log out of their Google accounts in the unfortunate event that their phone
The United Kingdom is currently grappling with significant declines in public confidence towards government services. In an era where efficiency and technological innovation are paramount, public services have struggled to keep pace, leading to widespread dissatisfaction and pessimism about their future. In response to these challenges, this article explores the concept of embedded finance as a transformative solution for modernizing
Windows 11’s latest update, KB5037771, marks Microsoft’s dedication to ironing out persisting technical issues while striving to enhance overall system stability and functionality. Critical fixes and the introduction of controversial Start menu ads dominate the discussion among its various upgrades and new features. This update reflects the evolving needs of modern operating systems and Microsoft’s strategic focus on pairing user
In an unprecedented move, El Salvador has cemented its role as a trailblazer in cryptocurrency adoption, becoming the first nation to integrate Bitcoin as legal tender. This pivotal step signified a nationwide commitment to embracing digital innovation within its financial infrastructure. But the journey didn’t stop there — El Salvador is now making headlines again with the introduction of a
The crypto community is currently witnessing a remarkable upswing for the Akash Network (AKT) following the implementation of its Mainnet 11 upgrade. On May 2nd, the value of AKT saw an impressive 44% increase, with the price jumping from about $4.00 to $5.76. This surge is not an isolated instance but comes on the heels of a steady 35% rise
In the volatile world of cryptocurrency, the value of digital assets can swing wildly based on market sentiment, technical factors, and sometimes, the remarks of influential individuals. A striking example of the latter occurred when former U.S. President Donald Trump made positive comments about embracing cryptocurrencies during his potential next presidential term. His remarks, geared towards retaining the burgeoning crypto
In a move signaling a substantial progression in the realm of cross-border payments, Standard Chartered Bank has set a new benchmark by incorporating Euro transactions on the Partior platform. Achieving full operational status as the first Euro settlement bank, Standard Chartered ushers in a new era of transactional efficiency and transparency. This leap forward comes within a relatively short timeframe
Data centers are the lifelines of modern businesses, supporting critical operations through extensive networks, hosting services, and data storage. As such, the security of these facilities is paramount. Professionals tasked with maintaining the integrity of data centers must be well-versed in a diverse set of security aspects, and one way to demonstrate their expertise is through specialized certifications. This guide
The financial industry stands on the brink of a major transformation as traditional banking systems and the rapidly evolving digital asset space begin to converge. Mastercard’s Multi-Token Network (MTN) is at the forefront of this revolutionary change, offering a groundbreaking financial platform that seeks to harmonize the best of both worlds. This innovative network leverages the efficiency and innovation of
