[ad_1] Solana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving its email service provider Mailchimp. According to an email sent to users and seen by Cointelegraph, the Foundation was informed by Mailchimp on Jan. 12 that "an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance."Among the information accessed and exported in the incident were user's names and
[ad_1] Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of FTX’s bankruptcy, Sam Bankman-Fried denied allegations of improper use of customer funds stored with the crypto exchange, attributing responsibility for the company’s dramatic fall to the market crash of 2022 and Binance CEO Changpeng Zhao’s PR campaign against FTX. In Bankman-Fried’s view, a run on the bank
[ad_1] Former FTX CEO Sam Bankman-Fried (SBF) reportedly ordered Gary Wang, co-founder of the crypto exchange, to open a $65 billion "secret backdoor line of credit" for Alameda Research, according to FTX attorney Andrew Dietderich. The attorney disclosed the information during a Delaware bankruptcy court hearing on Jan. 11, the New York Post reported. The alleged line of credit was financed with FTX customers' funds. As per Dietderich testimony, the “backdoor
[ad_1] One of the main properties advanced in blockchain technology is interoperability, the art of different blockchains communicating with one another. Interoperability is crucial when it comes to exchanging data and assets such as nonfungible tokens (NFTs) or cryptocurrencies while enjoying the best of two or more platforms to save on fees, for example, or transact faster.The Avalanche blockchain is an interoperable, versatile platform and cryptocurrency network that addresses scalability,
[ad_1] The New York Public Service Commission (PSC) was sued by environmental activists on Jan. 13 for approving the takeover of a cryptocurrency mining facility in the state.According to The Guardian, the state Public Service Commission (PSC) is responsible for regulating public utilities, and authorized in September 2022 the conversion of the Fortistar North power plant into a crypto mining site.The facility is located in Tonawanda, a city less than
[ad_1] As the World Economic Forum brings global leaders together to tackle global issues, a number of cryptocurrency and blockchain events will create a vibrant sideshow in the snowy ski destination in the Swiss Alps.Cointelegraph will be on the ground to cover the World Economic Forum (WEF) as well as a host of blockchain-focused events taking place. Key members from global governments, businesses and civil society converge on the town
[ad_1] With investor confidence seemingly at an all-time low thanks to the recent slew of insolvencies, a new saga seems to be now unfolding in real time. This one involves crypto exchange Gemini’s Winklevoss twins and Barry Silbert, CEO of Digital Currency Group (DCG) — the parent firm behind crypto market maker and lender Genesis.On Jan. 2, Cameron Winklevoss posted an open letter to Barry Silbert reminding him of the
[ad_1] App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain, each app runs on its separate blockchain, linked to the main chain. This allows for greater scalability and flexibility, as each app can be customized and optimized for its specific use case.Appchains are also an alternative solution for scalability to modular blockchains or layer-2 protocols. Appchains present similar characteristics
[ad_1] Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than in some countries, Canada was the first to approve direct crypto exchange-traded funds. State pension funds have invested in digital assets, and crypto mining firms have moved to the country to take advantage of the cool temperatures and cheap energy prices.But the gold rush
[ad_1] Advertisment Axie Infinity is one of the best known play to earn (P2E) crypto projects. It rose to stardom in 2021, increasing from just $1 to $164.90 in 11 months, though has since crashed in price to $7.50. Many investors speculate that it may be too late to win big on Axie Infinity. However, Orbeon Protocol is now taking the spotlight, offering even higher returns for investors who get
