Government policy and challenges getting projects online complicate energy policy and may have grave consequences. The North American Electric Reliability Corporation (NERC), a nonprofit corporation that oversees regional organizations that support energy reliability, has released its annual long-term reliability assessment of the United States electrical grid. It identified large portions of the United States and...Continue Reading

Shakeeb Ahmed was arrested for hacking an unspecified DEX, then admitted to Nirvava Finance hack too. A software engineer pleaded guilty to one count of computer fraud in connection with the hacking Nirvana Finance and an unnamed decentralized cryptocurrency exchange in the Southern District Court of New York on Dec. 14. The United States Attorney’s...Continue Reading

CEO and Chairman Pascal Gauthier says the company is working with law enforcement to “find this bad actor, bring them to justice.” Ledger CEO Pascal Gauthier has addressed the Dec. 14 hack of the wallet provider’s hack in a post on the company’s blog. He said the hack of Ledger’s Javascript connector library was an...Continue Reading

According to CryptoUK, MPs Andrew Griffith and Lisa Cameron were among the top crypto proponents in the U.K. government. The self-regulatory trade association CryptoUK has reported roughly 5% of all Members of Parliament (MPs) in the United Kingdom have publicly spoken on crypto and blockchain, suggesting a lack of knowledge. In a report released on...Continue Reading

ADA, SOL and DOT are showing strong bullish momentum as Bitcoin price consolidates. Bitcoin (BTC) faced a sharp correction on Dec. 11 plummeting as much as 8% to a four-month low at $40,150, wiping out the gains of the past seven days.  This drop in BTC’s price has triggered a market-wide re-evaluation, prompting a debate...Continue Reading

From Nayib Bukele to Donald Trump, many current and former heads of state across the globe have used crypto and blockchain as political tools. Few world leaders have been openly supportive of digital assets while in office or while they were campaigning. Though the technology is relatively young and untested as a political issue, many...Continue Reading

Wallet provider MetaMask was also affected by the incident. Ledger released a patch to resolve the issue but warned users to wait 24 hours before using its connector library again. The attack on Ledger’s connector library may be impacting the whole Ethereum Virtual Machine (EVM) ecosystem, according to the Linea team, a zero-knowledge rollup by...Continue Reading

Ledger has since attributed the exploit to a phishing attack on a former employee. More decentralized applications (DApps) have temporarily disabled their front-end user interface for Ledger Connect amid an exploit on Dec. 14. Developers of the nonfungible token (NFT) platform OpenSea said on Dec. 14 that users should “not connect to any dApps using...Continue Reading

The crypto exchange processed 989 transactions for users in Crimea from April 2020 to May 2022, according to the Office of Foreign Assets Control. CoinList, a United States-based cryptocurrency exchange, has agreed to a $1.2 million settlement with Treasury’s Office of Foreign Assets Control (OFAC) following allegations the firm facilitated transactions in apparent sanctions violations....Continue Reading

The hacker behind the attack on Ledger’s connector library has stolen at least $484,000, according to blockchain analysis platform Lookonchain. The hacker behind the attack on Ledger’s connector library had stolen assets worth nearly $484,000, according to blockchain analysis platform Lookonchain. Ledger has not yet confirmed the figures, but the impact of the security breach could be...Continue Reading