While Binance, the world’s largest cryptocurrency exchange in the industry has thrived to be as secure and transparent as possible following the FTX saga, some of its employees have reportedly been doing some elicit acts to dent the company’s reputation. Read More
North Korea’s Lazarus Group Could Be Behind Euler Finance Hack, Here’s Why
Euler Fianance protocol was attacked almost a week ago, which resulted in a loss of more than $180 million. And though the attacker behind the scheme is yet to be certainly identified, popular on-chain analyst Lookonchain has recently reported data Read More
Signature Bank Buyers Would Have To Give Up All Crypto Businesses, Says FDIC
Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of the crypto-friendly Signature bank Read More
UK FCA Clamps Down On Unregulated Crypto ATMs In London
Regardless of the crypto market condition, regulators have continued to clamp down on several sectors in the crypto industry. Earlier today, the UK financial watchdog, proceeded in taking legal action against unregulated crypto ATMs in the city of London. Crypto Read More
How Traceable Are Monero Transactions Compared To Bitcoin? Cybersecurity Expert Reveals
Bitcoin has always been known to be anonymous with its transactions, therefore, making it difficult to trace. But how difficult is it to trace a Bitcoin transaction compared to a Monero transaction? Cybersecurity author Andy Greenberg reveals this in an Read More
What Investors Should Look Out For Ahead Of Ethereum Shanghai Upgrade
As the launch of the Ethereum Shanghai Upgrade draws near, investors are beginning to get more nervous as they are unsure whether the upgrade could result in a positive or negative move from Ethereum. On February 22, Nansen, an on-chain-based Read More
Hong Kong To Allow Retail Investors Trade Larger Licensed Crypto Asse
Regulators are still keen on their respective aims towards the cryptocurrency industry. As a part of its goal of becoming a crypto hub, Hong Kong’s Securities and Futures Commission earlier today revealed a proposal to allow retail investors in Hong Read More
Bitcoin (BTC) Slips Below $23,000 As Crypto Regulation Rumors Spread
In the early hours of Thursday, Bitcoin (BTC) the largest cryptocurrency by market cap, sank to a four-week low. The crypto asset slipped below its hovering $23,000 price range to as low as $22,408 before climbing back to its current Read More
Brave Collaborates With Solana To Add Support For DApp On Mobile
As the adoption of cryptocurrencies such as Solana continues to expand, it has become the service provider’s responsibility to make the usage of crypto as seamless and efficient as possible. In the latest news, Brave and Solana have joined hands Read More
Lido Finance Releases Details On Next Upgrade Ahead Of Ethereum Shanghai Launch
As the Shanghai upgrade launch draws near, Ethereum staking-compatible platforms are preparing to release deposited ETH back to stakers. Earlier today, one of the largest Ethereum liquid staking protocols, Lido Finance, released details concerning its latest upgrade ahead of the Read More
Indian Retail Chain Enables CBDC Payments In Stores
Digital currency is becoming popular as several countries have begun launching their own central bank digital currency (CBDC) while promoting its adoption. In today’s news, India’s largest retail chain, Reliance Retail, announced that it had added support for the CBDC Read More
Unknown $20 Million Transfer In MATIC Caused A Price Drop?
According to on-chain analysis data released today by Blockchain service Lookonchain, a Polygon whale moved considerable funds in this network’s native token MATIC. The funds were sent to trading venues, thus making the price of the token drop by nearly Read More
Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near
Amid the ubiquitous rally in the crypto market, multiple crypto assets including MATIC have climbed higher highs, thriving to reach their peak and beyond. While the catalyst behind the rally might be unclear, Polygon’s (MATIC) bullish trend could be a Read More
Cardano Adds 50,000 New Wallets As ADA Market Cap Surges
The Cardano ecosystem has the potential for further growth. The network has grown tremendously in various sectors, including decentralized finance (DeFi) and nonfungible tokens (NFTs). The blockchain has recorded massive adoption over the past months emerging as the third most Read More
MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault
In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, has approved a proposal to deploy $100 million of Circle’s USD Coin (USDC) in a Yearn Finance yield-generating Read More
Saudi Central Bank To Experiment With CBDC Alongside Fintech Lenders And Companies
As the adoption of digital assets continues to grow widely, entities are following suit while aiming to use digital assets in their own way. In today’s news, the Saudi Central Bank (SAMA) unveiled its plan to experiment with central bank Read More
SushiSwap To Redirect 100% Trading Fees To Treasury
While the DeFi market has continued to mirror the crypto market rally, more innovations have been introduced to the ecosystem. In today’s news, SushiSwap, the sixth-largest decentralized exchange (DEX) by 24 hours trading volume, has passed a proposal to relocate Read More
Bitcoin Surges To 23k As Miners Sales Sees Multi-Year Low
Bitcoin has continued with its bullishness as it surged its price above the USD$23,000 level, a positive signal amid miners reduced the sales of their mined coins. On-chain flows flagged by Bitifinex analysts indicate that the amount of Bitcoin moved Read More
Crypto Exchange Gemini Reportedly Cuts Down 10% of Staff
Despite the ongoing relief rally in the crypto market, negative news seems to be never-ending. The latest to make it to the headline today is Gemini, as the crypto exchange company has reportedly cut down another 10% of its global Read More
Crypto Wallets On Crosshair of Major Banks As They Take On PayPal, Apple Pay
The major US banks, including Bank of America, JP Morgan Chase, and Wells Fargo are planning to introduce a new system that uses a digital wallet linked to customer credit cards and debit cards. The plan is slated to start Read More