DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here's What Happened
12.10.2023
Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million.
In a recent blog post on X (formerly Twitter), security firm PeckShield noted that the Avalanche-based project has been exploited.
Following the alert...
Japanese yen-backed digital currency, DCJPY, to go live in July 2024
12.10.2023
A group of Japanese companies, united behind the DeCurret brand, intends to launch the coin in July 2024
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers
12.10.2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align...
Coinbase spot trading volume falls by 52% compared to 2022: Report
12.10.2023
Coinbase recorded around $76 billion in spot trading volume, showing a sharp decline compared to the same quarter in 2022
TON Foundation Aims to Secure Guinness World Record as the World's Fastest Blockchain
12.10.2023
On October 11, the Open Network Foundation (TON Foundation) announced its participation in a Guinness World Records-approved competition to claim the title of "world's fastest blockchain." The public network performance test is slated to take place on October 31, 2023, at 15:00 UTC. During this...
Bitcoin Price Prediction: BTC Drops Almost 3% Following FOMC's Assertive Remarks; Awaits US CPI Insights
12.10.2023
In the wake of the Federal Open Market Committee's (FOMC) recent assertive commentary, Bitcoin price experienced a near 3% dip.
The central narrative hinged on the minutes from the Federal Reserve, wherein policymakers underscored the necessity for restrictive policy measures to persist for...
Bitcoin’s 300% Surge From Early 2019 in Focus As Fed Officials Favor Rate Pause
12.10.2023
The 2019 playbook offers a bullish view for bitcoin as Fed officials signal pause in the rate hike cycle
Immutable collaborates with AWS on Web3 gaming
12.10.2023
Immutable has forged an association with Amazon Web Services (AWS) to carry out the necessary changes to the Blockchain gaming framework and make it more effective for developers. Through this joining hands, Immutable will gain the opportunity to have access to AWS’s technical expertise, along with...
Bitcoin Drops Below $27K, Ether Stable as Jim Cramer Pokes Bearish Calls
12.10.2023
Ether showed signs of stability after a nearly weeklong decline
BarnBridge DAO votes to comply with SEC order
12.10.2023
The voting ended with an unanimous decision to comply with the SEC’s potential demands and pay fines if necessary
Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting
12.10.2023
Decentralized finance (DeFi) lending project BarnBridge has announced a token-holder voting to tackle the legal charges that the project is facing from the US Securities and Exchange Commission (SEC), along with fines.
BarnBridge confirmed in July that is it facing a probe from the US regulators...
Tokenization on Polygon: A real hype
12.10.2023
Tokenization is when a digital representation of an asset is minted on the blockchain. Polygon Labs, for one, leads the industry with benefits like 24/7 liquidity, reduced costs, and new distribution channels. However, there is often a question about tokenization losing its charm in the traditional...