The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago.It turns out that Cetus…
In this week’s episode of Byte-Sized Insight, on Decentralize with Cointelegraph, we break down a pivotal moment for US crypto legislation. In a 66–32 procedural vote on May 19, the US…
Key takeaways:Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating.Funding rates and other metrics suggest a…
Binance co-founder and former CEO Changpeng “CZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a “hit piece” filled with inaccuracies and negative assumptions. In…
Singapore-based artificial intelligence firm Genius Group has added more Bitcoin to its corporate treasury after being temporarily banned from doing so.In a May 22 announcement, Genius Group explained that it…
Cetus is offering a $6 million white hat bounty in an effort to recover $220 million in stolen digital assets, while emergency responses from the Sui Network have raised concerns…
Key points:Bitcoin buyer interest remains strong at all-time highs, contrasting with the first touch of $100,000 in 2024.The BTC price uptrend “may continue” as a result, CryptoQuant analysis concludes.Bitcoin short-term…
Decentralized finance (DeFi) platforms have a major cost advantage over traditional banks when it comes to onboarding new users, according to Anton Bukov, co-founder of decentralized exchange (DEX) 1inch.Speaking at…
Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC).In a May…
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have…