The upgrade is intended to fix the exploit that drained the platform of $100 million. A hard fork to the BNB Smart Chain, the blockchain of crypto exchange Binance, will take place as a fix for the exploit that drained the platform of an estimated $100 million on Oct. 6, according to a post on GitHub. ...Continue Reading

The Soroban Adoption Fund incentivizes developers to begin building products and tools on the new smart contract platform. Stellar Development Foundation (SDF), the non-profit organization supporting the development of the Stellar network, has launched a new funding initiative to encourage developers to build on the Soroban smart contract platform, which officially went live on Futurenet...Continue Reading

Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation. The United States Securities and Exchange Commission, or SEC, has disapproved of a rule change that would allow exchange-traded fund (ETF)provider WisdomTree to list and trade shares of a Bitcoin ETF. According to...Continue Reading

From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape. For years, mass adoption has been pitched as the endgame of crypto. We’re supposed to envision a world where we can pay for our morning coffee with...Continue Reading

The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets. BNY Mellon launched a digital custody platform to safeguard select clients’ Ether (ETH) and Bitcoin (BTC) holdings on Oct. 11, making America’s oldest bank the first large bank in the country to offer the custody...Continue Reading

Bittrex agreed to pay more than $29 million in a settlement with FinCEN, but the regulator said it will credit a $24-million payment “to settle its potential liability with OFAC.” The United States Department of the Treasury’s Office of Foreign Assets Control and Financial Crimes Enforcement Network took enforcement actions against crypto exchange Bittex for...Continue Reading

There are over 4,000 active DAOs, with treasuries totaling around $20 billion, which has many speculating that DAOs may still be a growing trend. Decentralized autonomous organizations, or DAOs, have caught the imagination of many in the blockchain industry. What was once just a theory talked about on internet forums in the early days of...Continue Reading

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the new CPI data and U.S. inflation rate to be announced on Thursday, Oct. 13. On this week’s The Market Report show, Cointelegraph’s resident experts discuss if the new consumer price index (CPI) and United States inflation data will be bullish or bearish...Continue Reading

BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data. Bitcoin (BTC) followed analysts’ predictions with sideways action continuing near $19,000 at the Oct. 11 Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price follows stocks downhill Data from Cointelegraph Markets Pro and TradingView followed...Continue Reading

A look at three different programming languages for blockchain networks and how they compare. The Ethereum network brought smart contracts into the blockchain space, making concepts like decentralized finance (DeFi) possible.  Smart contracts can automatically execute processes once certain conditions have been met. Along with this new technology, a new coding language was developed called...Continue Reading