Coinbase Commerce page requests seed phrases, raising security concerns

Coinbase Commerce has come under scrutiny after users reported that the platform's payment page was requesting seed phrases, which are critical for accessing cryptocurrency wallets. This raised significant security concerns, as sharing seed phrases can lead to the loss of funds. Coinbase has since acknowledged the issue and

Here’s what happened in crypto today

Bitcoin's price experienced a slight decline, dropping below $27,000 amid market volatility. Ethereum also saw a decrease, falling to around $1,700. In regulatory news, the U.S. SEC announced a delay in its decision on several Bitcoin ETF applications, causing uncertainty among investors. Meanwhile, major crypto

Why Bitcoin Is Falling Despite $1.1 Billion in ETF Inflows

Bitcoin's price has been declining despite significant inflows of $1.1 billion into exchange-traded funds (ETFs) linked to the cryptocurrency. Analysts attribute this paradox to broader market conditions, including rising interest rates and regulatory uncertainties that are impacting investor sentiment. Additionally, profit-taking by traders after recent gains may

OpenClaw Developers Lured in GitHub Phishing Campaign Targeting Crypto Wallets

Developers of the OpenClaw crypto wallet were targeted in a phishing campaign on GitHub, where attackers impersonated legitimate projects to steal sensitive information. The phishing attempts involved fake repositories that mimicked popular crypto tools, aiming to deceive developers into providing their credentials. Security experts have warned that such tactics are

Bitcoin, unusually, outperforms gold as hawkish Fed, oil price fuel risk-off sentiment

Bitcoin has recently outperformed gold as investors shift towards risk-off assets amid a hawkish stance from the Federal Reserve and rising oil prices. This unusual trend highlights Bitcoin's growing acceptance as a digital asset that can serve as a hedge against inflation and economic uncertainty. The Fed'

Nasdaq Wins SEC Approval to Trade Tokenized Securities in Pilot Program

Nasdaq has received approval from the U.S. Securities and Exchange Commission (SEC) to launch a pilot program for trading tokenized securities. This initiative aims to enhance the efficiency and accessibility of securities trading by leveraging blockchain technology. The program will allow selected firms to trade digital representations of traditional

Bitcoin’s quantum threat is real, but far from an existential crisis, Galaxy says

A recent report by Galaxy Digital highlights the potential threat that quantum computing poses to Bitcoin and other cryptocurrencies, but it emphasizes that this risk is not an immediate existential crisis. While advancements in quantum technology could eventually compromise the cryptographic security of Bitcoin, the timeline for such developments remains

Bitcoin slips to $70,000 as oil surge, Fed pause weigh on risk assets

Bitcoin has fallen to $70,000, influenced by a surge in oil prices and the Federal Reserve's decision to pause interest rate hikes, which has negatively impacted risk assets. The increase in oil prices has raised concerns about inflation, prompting investors to reassess their positions in cryptocurrencies. Market

OpenClaw devs targeted by phishing scam promising free ‘CLAW’ tokens

Developers of the OpenClaw cryptocurrency project have fallen victim to a phishing scam that promised free 'CLAW' tokens. The scam involved fraudulent communications that misled users into providing sensitive information. As a result, the developers are warning the community to be cautious and verify sources before engaging with

ECB opens digital euro work on ATMs and payment terminals

The European Central Bank (ECB) has begun exploring the integration of a digital euro into ATMs and payment terminals. This initiative aims to enhance the usability of the digital euro for everyday transactions. The ECB is collaborating with various stakeholders to assess the technical requirements and potential challenges of implementing

Why Ethereum developers want ‘one-click staking’ for institutions

Ethereum developers are advocating for a 'one-click staking' solution aimed at institutional investors to simplify the staking process. This initiative seeks to make it easier for large entities to participate in Ethereum's proof-of-stake system, potentially increasing network security and participation. The proposed solution would streamline the

Fairshake's $10 million Illinois misfire marks first big hitch in crypto political surge

Fairshake, a crypto advocacy group, faced a setback in Illinois after its $10 million campaign to influence political donations was deemed illegal by state officials. The initiative aimed to support candidates who favor cryptocurrency regulations but was halted due to violations of state campaign finance laws. This incident marks a