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Russia’s Rosbank Launches Crypto Payments Solution for Cross-Border Settlements
5.6.2023
Rosbank has become the first large Russian bank to offer clients an option to use cryptocurrencies in international settlements. The solution, provided in tandem with a Russian fintech, is mostly intended to meet the needs of businesses working with foreign partners. Russian Companies to Be Able...
Atomic Wallet Hack: Decentralized Finance Wallet Breached, Millions Lost in Attack
4.6.2023
On June 3, 2023, numerous sources revealed details about an attack on Atomic Wallet that resulted in significant financial losses for many victims. The Atomic Wallet team announced they are looking into the issue, while onchain investigators like Zachxbt have also been digging deeper, searching...
Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community
3.6.2023
Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The project’s native token, MULTI, has experienced a...
BRICS Nations to Encourage Use of Local Currencies in Trade
3.6.2023
Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial inclusion, welcoming new technologies that support it. BRICS to Stimulate...
Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs
2.6.2023
According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era will enjoy faster speeds and lower transaction costs. Liquid...
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
2.6.2023
The top 100 DeFi tokens had a bullish last week of May, with most of the tokens recovering from two weeks of bearish pressure
Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution
2.6.2023
The company plans to offer financial services that combine the potential of crypto with traditional financial services
Largest Russian Bank Sberbank Opens Developer Access to in-House Defi Platform
2.6.2023
Sberbank, the largest bank in the Russian Federation, announced that it opened access to its in-house decentralized finance (defi) platform to allow developers to test its capabilities. Reports indicate that Sberbank’s Comunity, the Ethereum-based blockchain decentralized finance solution...
Justin Sun: Huobi Could Have Hong Kong License in 6 To 12 Months
2.6.2023
Crypto exchange Huobi could receive a crypto trading license in Hong Kong as soon as the end of the year, Huobi advisor and Tron founder Justin Sun said on CoinDesk TV on Friday
Metis introduces Athena Finance as the next-generation DeFi yield aggregator
2.6.2023
The world of DeFi, short for decentralized finance, is changing rapidly. Metis is simply keeping up with the pace by focusing on growing its network. MetisDAO, on a similar line, announced integrating Athena Finance with the core objective of simplifying the DeFi experience. While it will largely...
Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain
2.6.2023
The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network
U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K
2.6.2023
Continued strong gains in monthly employment figures have added to the Fed's case for rate hikes
Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining's Texas Site
2.6.2023
Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site
Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On
2.6.2023
Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month
Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
1.6.2023
The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform
Why Elizabeth Warren Is Wrong About Crypto and the Fentanyl Epidemic
1.6.2023
As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens
1.6.2023
The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges
Sui Blockchain Signs Multiyear Deal With Red Bull Racing
1.6.2023
Sui will roll out a series of digital experience for racing fans over the coming months
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
1.6.2023
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller
Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat
1.6.2023
A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest....