Industry Report: Bitcoin Trading Grows, But Security Gets Weaker
Gemini expands, bitcoin and banks go head to head, and stealing RSA keys is easier than you might think. Want to catch up on the latest digital currency news? Take a look at the stories below. GEMINI IS GROWING. Digital currency exchange Gemini is stretching into Canadian territory. In a corporate blog post last Monday, Gemini co-founder Cameron Winklevoss wrote: “We are thrilled to announce the expansion of Gemini services to the Great White North! This is just the beginning of Gemini’s international expansion and our tireless pursuit of building a world-class digital asset exchange with....
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This week, it was revealed that India would seek to impose some of the most stringent rules globally on cryptocurrencies, banning citizens from owning, trading, transferring, or mining assets like Bitcoin and altcoins. The move comes as cryptocurrency technology captures the interest of the financial world, Bitcoin grows considerably, and India plans to introduce its own digital currency framework. But could this be the start of a domino-like effect where other weaker governments and economies […]
Data shows the Bitcoin trading volume in Ukraine has observed a sharp increase amidst the war with Russia as the importance of the crypto grows in the country. Bitcoin Trading Volume In Ukraine Continues To Grow According to the latest weekly report from Arcane Research, the BTCUAH volume on the crypto exchange Binance has shot […]
In a report titled “What Does The Future Hold For Crypto Exchanges?”, the digital asset class is stated to be in its early days. The report was published by Boston Consulting Group, Bitget, and Foresight Ventures to highlight and measure the progress achieved by this nascent industry in the past few years. Related Reading | Crypto […]
The Enterprise Ethereum Alliance has published a smart contract security audit specification to ensure consistency when it comes to smart contract security. The Ethereum ecosystem continues to witness a flurry of activity that has individuals and organizations deploying token contracts, adding liquidity to pools and deploying smart contracts to support a wide range of business models. While notable, this growth has also been riddled with security exploits, leaving decentralized finance (DeFi) protocols vulnerable to hacks and scams. For instance, recent findings from crypto intelligence....
Bitcoin's security risk will "never be reduced to zero", according to a report released by insurance market Lloyd's today. The 31-page document, commissioned to assess the risks involved in insuring bitcoin operations, warns that companies will continue to face a "dynamic threat", regardless of their security practices. Garrick Hileman, an economic historian at London School of Economics (LSE) and one of the report's authors, told CoinDesk that while security in the industry is tightening, systemic issues remain: "The improvements we're seeing in many bitcoin risk areas, particularly at....