Crypto News
Vitalik Buterin Floats Idea of AI-Based Code Audits, Ethereum Project Developers Back Him Up
In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects.Source link
Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain
The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun’s bank. Despite discontinuing support for USDC on Tron, Circle said it is still committed to growingSource link
Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia Earnings Rejuvenates AI-Tokens
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices.Source link
Report: Bankman-Fried Stands by Legal Team Amid Potential Conflict of Interest
Sources report that Sam Bankman-Fried (SBF), the erstwhile crypto magnate and former head of FTX, intends to utilize his newly appointed legal team, despite these attorneys also serving Alex Mashinsky, the former chief of Celsius. On Wednesday, in a courtroom declaration, SBF confirmed his complete understanding that his legal representatives were also advocating for Mashinsky.Source link
Former Ripple (XRP) Director Navin Gupta Becomes Crystal CEO
Blockchain intelligence provider Crystal has appointed former Ripple executive Navin Gupta as its new Chief Executive Officer. Gupta will look to expand Crystal's compliance and monitoring tools for crypto assets amid rising adoption. (Read More)Source link