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Chibi Finance $1M alleged rug pull: How it happened
3.7.2023
The exploiter used a “panic” function buried within eight different smart contracts to remove $1 million worth of users’ funds without their permission
Generative AI will disrupt blockchain too: Here’s how
3.7.2023
Artificial intelligence isn’t just generating lots of content these days, but equally, lots of excitement too
Liquid Staking Defi Platforms Now Secure Over 10 Million Ethereum Worth Close to $20B
2.7.2023
Based on recent data, over ten million ethereum is now secured within liquid staking derivatives platforms, with a valuation close to $20 billion at current exchange rates. Two leading liquid staking decentralized finance (defi) protocols, Lido Finance, and Rocket Pool, experienced 30-day growth...
Chatgpt Accounts Found on Darknet, North Korean Analyst on Dollar Dominance, BCH Hashrate Rises With Price, and More — Week in Review
2.7.2023
It’s been an action-packed week in the world of finance and crypto, and moving into July, there’s a lot to cover to get up to speed: compromised Chatgpt accounts being sold on darknet markets, Bitcoin Cash’s hashrate shooting upward with the BCH price, a North Korean analyst...
Bank of America Forecasts Transformative Role of Tokenization in Finance
2.7.2023
According to a recent research report by Bank of America (BofA), tokenization can revolutionize financial and non-financial infrastructure and financial markets in the next five to 15 years.
The report highlights the transformative power of tokenization and its wide-ranging implications...
Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined
30.6.2023
The top 100 DeFi tokens didn’t see much change in price over the past week, with the majority posting minor weekly gains
Applied Digital Stock Surges 12% After Announcing Its Third AI Deal
30.6.2023
Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service
Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
30.6.2023
Hive wants to provide enterprise AI training in its fleet of GPUs
Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH
30.6.2023
Court documents from last November give a rough picture of the lender’s altcoin holdings
Binance Played a Crucial Role in Israel's Historic Counterterrorism Effort Against Iran and Hezbollah
30.6.2023
Binance has disclosed a collaboration between its Sanctions Investigation Team and Israel’s Ministry of Defense in a counterterrorism operation against Iranian and Hezbollah terrorist groups.
A June 29 blog post revealed that this operation aims to track down terrorism financing operations linked...
OKX Overcomes FTX-Related Concerns Around Crypto Industry to Expand Sponsorship With Man City
30.6.2023
Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX
Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg
30.6.2023
Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million
Polkadot uses IBC by Composable Finance
30.6.2023
Cosmos recently announced Polkadot meeting the Interchain. The network has used IBC by Composable Finance to complete the process. According to the official tweet by Cosmos, Polkadot is using the Centauri bridge, the highest standard of blockchain interoperability. Developed by Composable FInance...
European Banks to Disclose Exposure to Crypto Assets
29.6.2023
Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the financial institutions. Deal Reached to Finalize...
6 Factors Advisors Should Consider Before Using an SMA for Digital Assets
29.6.2023
Separately Managed Accounts (SMAs) are a good way for FAs to manage digital assets, but advisors should fully understand the trade-offs
Coinbase's Base Prepares for Mainnet Launch With Slew of Security Audits
29.6.2023
The layer 2 blockchain pioneered by Nasdaq-listed crypto exchange Coinbase has detailed the security testing taken ahead of its public launch later this year
CME Group Announces Plans to Launch ETH to BTC Ratio Futures
29.6.2023
Derivatives exchange CME Group plans to launch ether/bitcoin (ETH/BTC) ratio futures on July 31, if approved by regulators, the company announced Thursday
Fidelity Refiles For Spot Bitcoin ETF
29.6.2023
Asset manager Fidelity filed paperwork TK WHEN with the Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund (ETF) which will be traded under the name TK
Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking in Its Funds
29.6.2023
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature will be available on or about Aug. 28
Niantic Lays Off 230 Employees, Moves Away From In-House Development
29.6.2023
Niantic is shuttering its Los Angeles studio and is moving away from in-house game development. As such, the Pokémon Go studio is laying off 230 employees, shuttering NBA All-World and cancelling its upcoming Marvel: World of Heroes.Read more