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Cryptocurrency

Cloudflare outage shows why crypto needs end-to-end decentralization

The crypto ecosystem has made strides in decentralizing blockchains, but the recent Cloudflare incident showed that true resilience requires decentralizing the frontend and storage layers as well, blockchain infrastructure platforms argue. Decentralizing blockchains through consensus, a robust set of...

Samourai Wallet Co-Founder William Hill Gets 4-Year Federal Sentence

William Lonergan Hill, co-founder and chief technology officer of Samourai Wallet, was sentenced Wednesday to four years in federal prison for operating an unlicensed money transmitting business tied to the privacy-focused bitcoin service. U.S. District Judge Denise Cote handed...

Advocacy group proposes DeFi solutions to address global poverty

The DeFi Education Fund, an advocacy organization focused on decentralized finance, has proposed utilizing the technology to reduce costs, aiming to address poverty in the United States and globally.In a Wednesday blog post, the group said DeFi infrastructure could...

Will Bitcoin Bottom At $56,000? CryptoQuant CEO Presents The Data

CryptoQuant CEO Ki Young Ju has put a clear reference level on the current Bitcoin correction – but is adamant it should not be mistaken for a prediction. “Many people seem to be misunderstanding this, so let me clarify,” he...

Kenya’s new crypto law faces stress test as Bitcoin ATMs appear in malls

Bitcoin ATMs were spotted across major shopping malls in Nairobi days after Kenya implemented its first comprehensive cryptocurrency law, creating an immediate stress test for regulators who claim that no crypto provider is yet authorized to operate. Local media outlet...

BlackRock’s BTC ETF IBIT Posts Record One-Day Outflow of $523.2 Million

The average spot bitcoin ETF buyer sits near a $90,000 cost basis, leaving most investors roughly flat. Source link

Cloudflare blames database error for outage that took down 20% of the internet

Internet services provider Cloudflare says that a fault in its bot detection system triggered an outage that took down around 20% of webpages, including several crypto platforms.Cloudflare said in a post-mortem statement on Tuesday that a “feature file” used...
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