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Huobi Crypto Exchange Fixes Breach That Leaked Thousands of Users' Contact Information
4.7.2023
Major crypto exchange Huobi has silently resolved a massive vulnerability that allegedly exposed user assets for two years.
Per white hat hacker and researcher Aaron Phillips, Huobi accidentally published a file containing Amazon Web Services (AWS) credentials in June 2021, that leaked contact...
Cipholio Ventures announces partnership with Kadena
4.7.2023
Cipholio Ventures has announced joining hands with Kadena to foster the development of blockchain technology. Both look forward to shaping the future of decentralization. Cipholio Ventures brings to the table its expertise in incubating several projects. Kadena, on the other hand, brings to...
Belarus Looks to Ban P2P Crypto Trading – Crackdown Incoming?
4.7.2023
Belarus is set to ban peer-to-peer (P2P) crypto “exchanges” – in a blow to traders operating in the country.
In a Telegram post from the Ministry of Internal Affairs, government officials said they were “preparing proposals for legislation” that would “prohibit the exchange of cryptocurrency...
Nasdaq Submits Revised Application for BlackRock's Bitcoin ETF to SEC
4.7.2023
What NASDAQ has resubmitted an application to the SEC for the listing of a Bitcoin ETF by BlackrockWhy The SEC had raised concerns last week about the details of the original submissionWhat Next The SEC has not provided a date for its final decision
Nasdaq has resubmitted an application to...
Hut 8 Is Keen On AI Computing As It Relocates 6,400 Rigs, Eyes Growth Amid Legal Battle
3.7.2023
Bitcoin (BTC) mining firm Hut 8 has announced plans to relocate 6,400 rigs from its facility in Ontario, Canada as the demand for AI and high-performance computing surges.
This is part of the firm’s wider plan to revive its dwindling activities after it faced a few hurdles including a legal...
Crypto Exchange OKX Signs $70 Million Deal to Become Official Sleeve Sponsor of Manchester City
3.7.2023
The crypto exchange OKX has signed a sponsorship deal with the English football club Manchester City to become its “official sleeve partner.”
The new sponsorship deal marks an expansion of OKX’s existing deal as Manchester City’s “Official Training Kit Partner” for the 2022 to 2023 season,...
Coinbase Aims to Modernize Direct Deposit Systems via Blockchain Stablecoin Settlements
3.7.2023
Coinbase has said it wants to modernize its direct deposit system using blockchain-based stablecoin settlements instead of the traditional ACH deposits.
According to a blog post written by Yuga Cohler, a senior software engineer at Coinbase, the company's goal is to update the financial system...
Regulatory Investigation Targets South Korean Crypto Lender Delio
3.7.2023
South Korea-based Delio is currently under scrutiny as the country's Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust.
According to reports from local news outlet Digital Asset, the investigation sprouts from Delio's...
Crypto Struggles Are Predominantly North American, Says Animoca Brands CEO
3.7.2023
Animoca Brands CEO Yat Siu said that crypto entrepreneurs in North America are facing more struggles than other regions due to macroeconomic and regulatory conditions.
In an interview with Cointelegraph at the Collision conference in Toronto, crypto veteran Siu talked about the contrast in crypto...
dYdX Chain sets the V4 public testnet live on July 5
3.7.2023
dYdX Chain is set to release its public testnet on July 5, 17:00 UTC. The network will comprise an individual L1 blockchain based on Cosmos along with its Tendermint PoS (proof-of-stake) consensus protocol. After the chain goes live, dYdX will release its latest v4 iteration on the network. This...
Harry Styles' Concert App Introduces Blockchain Rewards for Fans
3.7.2023
5,000 fans of British megastar Harry Styles recently used an app that allowed them to open a self-custodial wallet in which to keep their blockchain-based rewards.
The former One Direction member held a concert in Ireland on June 10. The sold-out show saw 80,000 attendees.
All these people were...
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...
Six Clovers Unveils Versal Network for Cross-Border Crypto Payments in Stablecoins and CBDCs
2.7.2023
On June 29, Six Clovers, a company founded by former PayPal business and technology leaders Jim Nguyen and Nas Kavian, introduced the Versal Network on Sui blockchain.
This decentralized global payments network aims to streamline cross-border transactions for businesses worldwide. By utilizing...
Celsius Debtors Can Start Converting Altcoins to Bitcoin and Ether Starting Today
1.7.2023
The United States Bankruptcy Court for the Southern District of New York has allowed Celsius debtors to trade their altcoins for Bitcoin and Ether starting today.
The order issued by the bankruptcy judge Martin Glenn on 30th June will also help the distribution of the funds to creditors in...
Mind Network Secures $2.5M Seed Funding from Binance Labs, Other VCs
30.6.2023
Web3 data security and privacy platform Mind Network has closed a $2.5 million seed round that attracted many key investors, including Binance Labs, the venture capital and incubation arm of Binance.
Mind Network provides users with end-to-end encryption and gives full control over personal data...
Binance's Commitment to Compliance: An Inside Look at the Program
30.6.2023
Binance, the world’s largest cryptocurrency exchange, is making an effort to to dispel myths that the crypto industry at large is a ‘non-compliant’.
In a Thursday blog post, the firm summarized the extent of Binance’s efforts to work together with international regulators, contrasting a persistent...
Former Goldman Sachs Executive Craig Broderick Joins Stablecoin-Issuer Circle's Board
30.6.2023
The former Goldman Sachs executive Craig Broderick has joined the Board of Directors of Circle Internet Financial, the issuer of the USDC stablecoin.
Broderick served as the chief risk officer at Goldman Sachs for over three decades.
During his tenure at the investment bank, Broderick also...
Canadian Lawmakers Call for National Blockchain Strategy
30.6.2023
Canada appears ready to take a strong step toward blockchain adoption, with an influential group of lawmakers requesting that the government comes up with a national blockchain strategy.
Like the US, Canada lacks regulatory clarity in the crypto/blockchain market, which is putting the country...
Polygon proposes an architecture for Polygon 2.0
30.6.2023
Polygon has proposed Polygon 2.0 architecture through an announcement, informing the community that Polygon is on the edge of becoming the Value Layer of the Internet. The architecture of the new installment is designed to support unlimited scalability and unified liquidity. There are a total...
Coinbase’s Ethereum Layer-2 Network, Base, Nears Mainnet Launch
30.6.2023
Coinbase’s layer 2 blockchain, Base, is preparing its mainnet launch after completing a series of security audits.
Base aims to attract as much as one million new crypto users in the next few years, Coinbase said in a press release.
Built on the OP stack in partnership with Optimism, Base’s...