Author: Renata Fonseca

Market Tensions Rise for Popular Cryptocurrencies XRP and Cardano Cryptocurrency analytics experts have observed a surge in short-selling activity focused on XRP and Cardano (ADA) as the currencies displayed a rebound in value. The significance of this update extends to potential advantages for optimistic investors, as the situation could lead to a short squeeze—an event […]

Celebrating Juneteenth, CoinDesk takes a reflective break, yet even as the staff honors this significant day in American history, the world of blockchain technology continues to buzz with activity. An overview of the latest blockchain headlines and notable advancements showcases the ever-evolving landscape of this cutting-edge domain. Market Movements Stir Curiosity and Controversy surrounding Martin […]

Blockchain company Consensys has pressed forward with a legal challenge against the United States Securities and Exchange Commission (SEC). This skirmish centers on the regulatory approach toward the Ethereum blockchain. Recently, Consensys co-founder Joseph Lubin, who is also pivotal in the creation of the cryptocurrency Ether, hailed a development as a considerable success for Ethereum’s […]

Ethereum enthusiasts may soon have reason to celebrate as the introduction of Ethereum ETFs appears imminent with asset managers amending their registration statements in anticipation of SEC approval. Bitwise, a digital asset management firm, has taken a pivotal step forward by submitting its revised S-1 document to the Securities and Exchange Commission on June 18th. […]

CertiK, a blockchain security company, uncovered and rectified a significant flaw within the deposit mechanism of the popular cryptocurrency exchange Kraken, which had been exploited to siphon off nearly $3 million. The breach allowed for unauthorized deposits and subsequent withdrawals without proper transaction completion. Kraken’s Nick Percoco revealed earlier that the security gap was quickly […]

GameStop’s proprietary cryptocurrency token, known as GME, has suffered a significant setback, with its market value decreasing by more than half in just a span of seven days. Data reveals that the recent downward trend has positioned GME as the digital asset with the greatest loss within that timeframe. The slide in value began shortly […]

Coinbase is preparing to introduce an innovative service that will expand the horizons for cryptocurrency traders. This feature is designed to offer an early bird advantage, allowing traders to get their hands on new crypto tokens even before they are officially available on the market. Users situated outside the United States, the United Kingdom, and […]

Cryptocurrency company Consensys has shared on a popular social media platform that the U.S. Securities and Exchange Commission (SEC) has terminated its investigation into Ethereum 2.0 without instigating regulatory action. Earlier this year, Consensys had initiated legal proceedings against the SEC in an effort to push back against the oversight of the Ethereum blockchain by […]

In an unexpected security breach, the Kraken cryptocurrency exchange was hit by a series of unauthorized transactions that siphoned $3 million in digital currency. Nick Percoco, Kraken’s Chief Security Officer, revealed that the culprits exploited a vulnerability linked to a recent interface update which inadvertently allowed for deposits to be credited without confirmation. The heart […]

Kraken Counters $3 Million Security Exploit In a notable event highlighting the importance of cybersecurity in the digital currency sphere, crypto exchange Kraken reported an incident involving a harmful exploitation of its system by supposed security experts. After identifying a loophole that permitted the artificial boosting of an account balance, these individuals extracted a significant […]