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CoinTelegraph News
- A Coinbase report revealed that the crypto exchange is the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether.In a performance report, Coinbase said it had 3.84 million Ether (ETH), worth about $6.8 billion, staked to its validators. The exchange said that, as of March 3, it has 11.42% of the total staked ETH. Anthony Sassano, host of The Daily Gwei, said that Coinbase's stake makes the exchange the “single largest node operator” in the network. Sassano […]
- The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds.The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) and other digital assets.Blockchain security firms, including Arkham Intelligence, have identified North Korea’s Lazarus Group as the likely culprit behind the Bybit exploit, as the attackers […]
- Key takeawaysPoR audits are cryptographic verifications used by cryptocurrency exchanges to prove they hold sufficient assets to cover customer deposits. Using methods like Merkle trees and zero-knowledge proofs, PoR ensures transparency, similar to how capital reserves are mandated in traditional finance for stability.Coinbase’s cbBTC uses PoR to verify that for every wrapped Bitcoin, an equivalent amount is securely held in Coinbase’s custody. PoR audits can verify asset holdings but do not account for liabilities, which can mislead users about an exchange’s solvency. Proof-of-reserves […]
- Bitcoin (BTC) price has jumped by 4% in the last 24 hours to reach over $86,000 on March 20. At its intraday high, the cryptocurrency was trading for $87,470, signaling modest profit-taking among traders.BTC/USD four-hour price chart. Source: TradingViewTop catalysts that have driven Bitcoin prices higher today include:Gains across risk assets after the Federal Reserve’s dovish signals.Rising BTC supply among long-term holders’ addresses.Bitcoin rises after Fed calms trade war bearsBitcoin rose as the Federal Reserve signaled it still expects to […]
Coindesk News
- XRP jumped as high as 12% before paring gains, as closely-related Ripple Labs ended its long-standing battle with the U.S. Securities and Exchange Commission (SEC), stating Wednesday that the case had “come to an end.”
- The Fed retained forecast for two rate cuts Wednesday, with Powell calling the inflationary impact of Trump's tariffs transitory.
- The deal could be a way for the crypto exchange to move into another asset class and increase its users.
- XRP has recently climbed 11% to over $2.51, becoming the third-largest token by market capitalization behind bitcoin and ether
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