Blockchain News page 2

The exchange now holds full federal trust bank status, a milestone for crypto's push into mainstream banking oversight. Coinbase has obtained final approval from the Office of the Comptroller of the Currency for a national trust charter, according to reports from American Banker and CryptoBriefing.

A new proposal aims to phase out a transaction feature linked to the recent Drift hack Solana developers have put forward a proposal to retire durable nonces, according to a report from CryptoBriefing. The suggestion follows a security incident involving Drift, a decentralized exchange built on the Solana blockchain.

BeInCrypto reports a long-tracked technical signal tied to Bitcoin bottoms has broken down, drawing comparisons to the two previous market cycles. A technical signal that traders have used to identify multi-week lows in Bitcoin's price has reportedly broken down, according to BeInCrypto.

The new platform pairs private transaction features with yield generation for stablecoin holders on Ethereum. Raycash has launched a product offering confidential stablecoin payments and private yield generation on Ethereum. The Block and CryptoBriefing reported the launch on November 9, identifying Raycash as a spin-off of Zama.

The senator is demanding documentation as part of a broader Senate inquiry into crypto compliance and political ties. Senator Richard Blumenthal has issued a formal request demanding that Binance, Tether and several crypto firms linked to the Trump family submit records by January 4.

The exchange says the alleged leak of hundreds of millions of user records is likely a fabricated scam. Binance has publicly rejected a claim that hackers stole data belonging to 335 million of its users. The claim was attributed to a group or individual using the name ShinyHunters.

The proposal arrives just days after the Network Upgrade 7 rollout already adjusted the chain's block cadence. Zcash developers have proposed reducing the network’s block interval to 20 seconds, according to reporting from Cointelegraph, CoinTurk News and CoinGape.

The Web3 engagement platform is consolidating its product suite as it shifts strategic focus to its own layer-1 blockchain. Galxe is shutting down three of its core offerings, Quest, ID and Passport, according to reports from CryptoBriefing and crypto.news. The company is consolidating operations under Gravity, its layer-1 blockchain, as its primary focus going forward.

A large trader bet against Nvidia using 10x leverage on 30,000 NVDA perpetual contracts on the decentralized exchange Hyperliquid. A large trader has taken a leveraged bet against Nvidia's stock through perpetual futures contracts on Hyperliquid. The position involves 30,000 NVDA perpetuals opened with 10x leverage, according to on-chain data cited by CryptoBriefing.

In a 60 Minutes interview, the president denied personal involvement in crypto deals tied to the family business. President Trump addressed his family's cryptocurrency business during a 60 Minutes interview broadcast this week. He defended the venture against criticism and said his sons, not himself, manage its day-to-day operations.

Ethereum's co-founder says the pace of AI infrastructure growth deserves public pushback, according to two reports. Vitalik Buterin has thrown his support behind activists pushing back against the expansion of data centers built to train and run artificial intelligence systems.

CryptoBriefing and Coinfomania agree on the scale of the crypto theft but give conflicting accounts of how Evan Luthra was abducted. CryptoBriefing and Coinfomania agree on the scale of the crypto theft but give conflicting accounts of how Evan Luthra was abducted.

Reports on Kaiser Ng's departure as Binance CFO agree on the broad narrative but BusinessDay NG diverges from Cointelegraph, CoinTurk News EN and Cointribune EN on the date of the $6.3 billion hack and the day the departure was announced.

Lawmakers are asking Nvidia to explain an alleged romantic relationship tied to a person suspected of espionage for China. Nvidia, the world’s most valuable chipmaker, is facing fresh political scrutiny in Washington. Reports indicate lawmakers are demanding information after allegations emerged linking CEO Jensen Huang to an alleged romantic relationship with a person suspected…

The open-source Lightning Network wallet platform issued an urgent warning as reports of exploits mounted. LNbits, a widely used open-source platform for running Lightning Network wallets and payment infrastructure, has told its users to shut down their servers immediately. The advisory follows a reported wave of attacks targeting instances of the software.

The wallet infrastructure provider says disputed transfers moved to recovery wallets, not attacker-controlled addresses Web3Auth, a key management and authentication provider used across several crypto wallet products, has contested a widely cited $6.01 million theft figure connected to a security incident involving Keplr wallet.

Exchange reopens access to select tokens days after a major security incident disrupted withdrawal services Binance has restored withdrawals for HYPE and APT, two tokens that had been frozen following a security breach at the exchange.

A new amendment aims to correct how the lending protocol calculates fair loan payments on the XRP Ledger. Developers behind the XRP Ledger have put forward a proposed amendment aimed at resolving rounding issues within the network's lending protocol.