Author: Coindesk
“This breach has impacted all KYC [know your customer] DATA processed through Transak’s infrastructure,” the ransomware group claimed in a public Telegram group that it operates. “We have extracted more than 300GB of data, which includes sensitive personal documents such as government-issued IDs, proof of address, financial statements, and user selfies.” Read the full article here
Bitcoin mining is one of the hardest industries to stay profitable, due to it’s capital intensive nature, on top of block rewards getting cut in half every four years. As a result, the weaker miners will have to unplug from the network, as staying online is not financially viable. Therefore, miners with the lowest cost of energy or the strongest balance sheet will continue to increase network share. Read the full article here
“The system is part of the broader ApeCoin ecosystem, which aims to enhance token utility by encouraging users to engage more actively with the token through games, staking pools, and other activities. The platform also plans to extend support to other yield-generating cryptocurrencies to attract a larger user base,” Thielen added. Read the full article here
Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead. Read the full article here
“We are evaluating ways to make the Legal & General Investment Management Liquidity funds available in tokenized format,” said Ed Wicks, global head of trading at Legal & General Investment Management (LGIM), when asked about the firm’s plans via email. Read the full article here
The other interesting detail: The FBI worked on its own fake token, with a real contract you could track on-chain, called NexFundAI. Its website, which now features a massive “FBI” banner, looked remarkably legit – that is to say, like a lot of other AI-focused crypto tokens making vague but extravagant promises. Read the full article here
The moving average convergence divergence (MACD) histogram, a technical analysis indicator used to gauge trend strength and changes, has flipped positive on the weekly chart for the first time since April, according to charting platform TradingView. It signifies a renewed upward shift in momentum, implying a bullish resolution to bitcoin’s prolonged back and forth trading between $50,000 and $70,000. Read the full article here
Scroll was selected by Donald Trump-affiliated project World Liberty Financial to be the layer-2 blockchain of choice, with a planned deployment along with its debut on Ethereum. (Although as chronicled by CoinDesk this week, initial demand for the project’s new tokens has proven to be minimal relative to the overall amount allocated to a public sale, and at $13 million so far has not even come close to meeting a $30 million reserve needed to cover expenses.) Read the full article here
In its NYSE approval, the SEC wrote that it believes options on the bitcoin ETFs “would permit hedging, and allow for more liquidity, better price efficiency, and less volatility with respect to the underlying Funds,” as well as “enhance the transparency and efficiency of markets in these and correlated products.” Read the full article here
Additional applications extend far beyond methane detection. The system can be adapted to monitor air quality in urban areas, water quality in rivers and lakes, and identify deforestation hotspots. By incorporating a more horizontal protocol approach to standardized data formats and interoperability, the system can seamlessly integrate data streams from various monitoring applications for a breadth of use cases. This view allows for a more comprehensive understanding of the interconnectedness of environmental systems and challenges, empowering the development of integrated and effective environmental policies. It provides policymakers, researchers, and the public with unprecedented access to reliable, real-time environmental data, empowering…