Security News

Crypto exchange Kraken is shutting down its non-fungible token (NFT) marketplace just over a year after its launch. According to an email sent to clients and seen by Cointelegraph, the NFT marketplace will transition to withdrawal-only mode on Nov. 27, initiating a three-month withdrawal period before its complete closure. Kraken said the move will redirect […]

Digital assets platform Fireblocks has announced a partnership with Google Cloud to integrate “Confidential Space” security features to enhance the security of its private key management (PKM) offerings. The integration combines Google Cloud’s security with the Fireblocks platform alongside a suite of security tools including an attestation service, identity and access management (IAM), and key […]

Tornado Cash users have scored a major victory in a United States appeals court after a three-judge panel found the Treasury’s sanctions against the crypto mixer’s immutable smart contracts were unlawful. In a Nov. 26 legal opinion, a Fifth Circuit Appeals Court’s three-judge panel said the Office of Foreign Assets Control (OFAC) exceeded its authority in sanctioning […]

The founder of the Tron blockchain, Justin Sun, has become the largest investor in Donald Trump’s crypto project, World Liberty Financial, after buying up $30 million worth of its token. “We are thrilled to invest $30 million in World Liberty Financial as its largest investor,” Sun wrote in a Nov. 25 X post. “TRON is committed […]

YouTube alternative Rumble has become the latest company to confirm plans to add Bitcoin to its balance sheet, just days after its CEO teased the idea on social media. In a Nov. 25 statement, the video-sharing platform said its board of directors approved the strategy, allocating a portion of the company’s excess cash reserves to Bitcoin BTC$94,407 at […]

Blockchain payments firm Ripple has announced the launch of the first tokenized money market fund on the XRP Ledger, comprising of asset manager abrdn’s $4.77 billion (3.8 billion British pounds) US dollar Liquidity Fund. It was made possible through Ripple’s partnership with Archax, the United Kingdom’s first Financial Conduct Authority-regulated cryptocurrency exchange, broker and custodian, […]

The price of Wrapped Bitcoin WBTC$97,216.96 on Binance briefly and rapidly plunged to an all-time low of approximately $5,200 on November 23, 2024, in an apparent flash crash that did not affect the price of the asset on other exchanges. WBTC began the day trading at normal price levels of around $98K before plummeting due to an […]

Stablecoin issuer Tether minted an additional $3 billion in USDt USDT$1.00 tokens on November 23 on the Ethereum and Tron networks amid increased trading volume in the crypto markets — particularly Bitcoin BTC$97,469 as it approaches the $100,000 price level. Data from Arkham Intelligence revealed that $2 billion in USDt was minted on the Ethereum blockchain, and an […]

Non-fungible tokens (NFTs) maintained a relatively strong weekly sales volume despite a slight decline compared to last week’s surge. On Nov. 24, NFT data tracker CryptoSlam showed that digital collectibles had a solid week, recording a sales volume of about $158 million over the last seven days. The data shows a 12.7% decrease compared to […]

South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals last year. Some hope of making customers whole Delio will begin liquidation proceedings. Customers can make claims through Feb. 21, […]