Blockchainmagazine

Blockchainmagazine

Blockchain Magazine is a globally respected independent media outlet documenting the research and application of distributed ledger technology. It offers deep industry reports expert insights and global summit coverage for academia enterprises and government agencies.

Blockchainmagazine's Articles

Elon Musk’s X Platform Set to Launch Money Transfer System in External Beta Within 60 Days

Elon Musk’s X Platform Set to Launch Money Transfer System in External Beta Within 60 Days

Elon Musk has confirmed that X Money, the payment component of his ambitious "everything app" vision, will enter external beta testing within the next 30 to 60

US Regulators Impose $4 Million Penalty on Paxful Over Anti-Money Laundering Failures

US Regulators Impose $4 Million Penalty on Paxful Over Anti-Money Laundering Failures

The Department of Justice has levied a $4 million civil penalty against peer-to-peer cryptocurrency exchange Paxful for facilitating transactions tied to human

LayerZero’s Zero Chain Targets Two Million TPS With Citadel and ARK Backing

LayerZero’s Zero Chain Targets Two Million TPS With Citadel and ARK Backing

LayerZero Labs has unveiled its ambitious Zero blockchain, a groundbreaking infrastructure project that promises to deliver two million transactions per second

AI.com Crashes the Internet After $70 Million Super Bowl Launch

AI.com Crashes the Internet After $70 Million Super Bowl Launch

The most expensive domain purchase in internet history has delivered its first returns. AI.com, acquired for a record-breaking $70 million by Crypto.com founder

Cathie Wood Amplifies Bullish Bet With $1.83 Million Purchase as Crypto Stock Surges 16%

Cathie Wood Amplifies Bullish Bet With $1.83 Million Purchase as Crypto Stock Surges 16%

Ark Invest's Cathie Wood executed a calculated acquisition of $1.83 million worth of Bullish Global shares Monday, capitalizing on the crypto exchange's remarkable

Bitcoin Demand Signals Flash Green as Institutional Panic Subsides

Bitcoin Demand Signals Flash Green as Institutional Panic Subsides

The digital asset market's most violent week in nearly two years has revealed something unexpected: signs of stabilizing demand beneath the carnage. Bitcoin's swift

Backpack Exchange Achieves Unicorn Status as Post-FTX Veterans Command $1 Billion Valuation

Backpack Exchange Achieves Unicorn Status as Post-FTX Veterans Command $1 Billion Valuation

The crypto exchange landscape witnessed a pivotal moment as Backpack Exchange, the ambitious platform founded by former FTX and Alameda Research leaders, secured

South Korea’s Financial Services Commission has launched a comprehensive investigation into cryptocurrency exchange Bithumb following a catastrophic system malfunction that resulted in the improper distribution of $40 billion worth of Bitcoin the exchange apparently never held in reserve. The incident, which occurred during a routine promotional event, has exposed critical vulnerabilities in South Korea’s rapidly expanding digital asset infrastructure.

South Korea’s Financial Services Commission has launched a comprehensive investigation into cryptocurrency exchange Bithumb following a catastrophic system malfunction that resulted in the improper distribution of $40 billion worth of Bitcoin the exchange apparently never held in reserve. The incident, which occurred during a routine promotional event, has exposed critical vulnerabilities in South Korea’s rapidly expanding digital asset infrastructure.

The investigation centers on Bithumb's internal controls and asset management protocols after the exchange mistakenly credited users with 2,000 Bitcoin each instead

South Korea’s $44 Billion Bitcoin Blunder Exposes Critical Exchange Vulnerabilities

South Korea’s $44 Billion Bitcoin Blunder Exposes Critical Exchange Vulnerabilities

The cryptocurrency market witnessed an unprecedented operational failure Friday when South Korean exchange Bithumb accidentally distributed $44 billion worth of

French Authorities Arrest Six in Sophisticated Crypto Ransom Kidnapping Plot

French Authorities Arrest Six in Sophisticated Crypto Ransom Kidnapping Plot

The arrest of six suspects in connection with a brazen kidnapping plot targeting a French magistrate represents a dangerous escalation in cryptocurrency-related