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SecondFi Freezes Transactions After $16M ADA Incident, Launches Quarantine Recovery Mode
Key Takeaways: All transfers, swaps and fund movements have been turned off by SecondFi and they are now in “quarantine mode”. Following the security incident that resulted in the loss of nearly $16 million worth of ADA, the platform is working on wallet recovery and migration tools. Users are encouraged not to use unofficial links…
Ethereum Foundation dissolves key protocol coordination team
The Ethereum Foundation has dissolved its Protocol Support team as part of a broader restructuring that recently cut about 20% of the nonprofit’s workforce. Summary Ethereum Foundation dissolved Protocol Support after five years coordinating upgrades, developer meetings and fellowship programs worldwide. Several team members lost their roles following the Foundation’s broader 20% workforce reduction announced…
Professor questions Bitcoin security as derivatives grow
A Duke University professor said Bitcoin (CRYPTO:BTC) attacks could become profitable through derivatives markets. The idea involves shorting Bitcoin while carrying out a costly 51% attack. The scenario is theoretical and would still face major technical and financial barriers. Bitcoin (CRYPTO:BTC) could face a new financial risk because derivatives markets may change the economics of…
Coinbase starts onboarding users again in India, plans for fiat on-ramp next year
After a pause of more than two years, crypto exchange Coinbase has opened its app for registration in India. At the moment, users are able to make crypto-to-crypto trades — but speaking at India Blockchain Week (IBW), Coinbase’s APAC director John O’Loghlen said the company will open up a fiat on-ramp in 2026, allowing users…
Bolivia Eyes USDT Integration as Dollar Shortage Drives Stablecoin Adoption
Bolivia is evaluating USDT integration into its national payment system as the government responds to a foreign currency shortage and rising stablecoin adoption. Bolivia is exploring a major step in digital payments. The government is considering incorporating USDT into the national payment system. The stablecoin would be able to be used in addition to the…
ETH at $1,730: Down 65% With Its Biggest Upgrade Weeks Away – Cryptonews.net
ETH at $1,730: Down 65% With Its Biggest Upgrade Weeks Away Cryptonews.net