In a significant incident that has sent shockwaves through the cryptocurrency community, the Multichain Fantom bridge was recently exploited, resulting in a staggering loss of approximately $126 million. The exploit…
Enormous amounts of money, totaling tens of millions of dollars, have been unexpectedly withdrawn from #multichain $MULTI raising concerns of a potential security breach. This unprecedented occurrence has caught the…
cryptocurrency exchange Hotbit has come under scrutiny for transferring users’ unwithdrawn altcoins to two specific addresses, namely 0xa97c and 0xfd32. The exchange then proceeded to sell a substantial portion of…
Namibia, a country in southwestern Africa, has taken a significant stride in the realm of digital assets and cryptocurrencies. On June 22, 2023, the National Assembly of Namibia passed a…
MKR has experienced an impressive surge of over 40% in the past seven days. This significant increase in value can be attributed to several factors, including the introduction of the…
In an effort to provide enhanced efficiency and improved fund security for its users, Binance, one of the leading cryptocurrency exchanges, has been diligently upgrading its wallet infrastructure. As part…
Glassnode reported a significant decline in the number of Bitcoin held on cryptocurrency exchanges. The exchange balance has reached its lowest level since March 2018, with only 2.26 million BTC…
Certik reported DeFi protocols’ losses to hacks and cybersecurity breaches have shown a significant decrease by 58% in the second quarter of 2023. This exciting development points out that the…
The Reserve Bank of India (RBI) is actively engaging with 18 countries to enable cross-border payments using its central bank digital currency (CBDC), the digital rupee. The primary goal is…
In a move aimed at regulating the rapidly growing cryptocurrency market, South Africa has announced that cryptocurrency trading platforms operating in the country will be required to obtain licenses by…
In a recent development, global asset management firm BlackRock has resubmitted its application for a spot Bitcoin exchange-traded fund (ETF) on June 29. Notably, the company’s latest filing includes Coinbase,…
Revolut, the crypto-friendly neobank, recently made an announcement that it will be delisting Polygon (MATIC), Solana (SOL), and Cardano (ADA) tokens in the United States by September. This decision comes…
Bitcoin Depot, the leading provider of Bitcoin ATMs worldwide, has embarked on a significant endeavor to revolutionize the accessibility of cryptocurrencies. Through a successful $885 million SPAC agreement with GSRM,…
In an effort to safeguard investors and promote transparency in the cryptocurrency market, the Thai government has recently announced stricter regulations for cryptocurrency exchanges. These regulations require exchanges and other…
AzukiDao’s governance token contract, known as “bean,” has fallen victim to an exploit due to a critical vulnerability. This exploit allowed two attackers to take advantage of the vulnerability and…
In the high-stakes world of financial regulation and cryptocurrency, rumors of authoritative shifts can cause seismic changes. Recent rumblings suggested that Chairman Gary Gensler from the US Securities and Exchange Commission was resigning. This…