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Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
13.8.2022
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet....
Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined
12.8.2022
Majority of the DeFi tokens in the top-100 traded in green along with rest of the market in the wake of new CPI data release and several tokens registered doubled digit gains
Arrington Capital Moonbeam Growth Fund Makes a Strategic Investment in DAM Finance
12.8.2022
The Arrington Capital Moonbeam Growth Fund has supported DAM Finance, a framework for generating buying power from cross-chain token portfolio management. The $100 million Arrington Capital Moonbeam Growth Fund, which was recently formed to support the Moonbeam ecosystem, has made its...
Binance recovers the majority of funds stolen from Curve Finance
12.8.2022
Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds
Binance Recovers $450K Stolen From Curve.Finance
12.8.2022
The world's largest exchange is now working with law enforcement to return to stolen funds
Institutional staking won’t take off unless asset lock-up solved: Coinbase CFO
12.8.2022
Coinbase's new institutional-focused staking product won't be a "near-term phenomenon" while liquid staking is still being worked out
Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
Curve Finance exploit: Experts dissect what went wrong
10.8.2022
Attackers that hijacked Curve Finance's landing page moved quickly to convert stolen funds to various tokens through different exchanges, wallets and mixers
Unstoppable Finance Raises $12.8M to Build DeFi Wallet
10.8.2022
German fintech firm Unstoppable Finance has raised 12.5 million euro ($12.8 million) to develop its decentralized finance (DeFi) wallet "Ultimate"
More Than $600K Vanishes From DeFi Project Blur Finance as Developers Disappear
10.8.2022
Twitter and Discord links for the project were not working at press time
Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases
10.8.2022
The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital...
DeFi Protocol Curve.Finance Hacked; $570K Stolen
9.8.2022
Users have been advised not to use curve.fi and curve.exchange until the source of the hack is located
BREAKING: Curve Finance team warns users to avoid using site until further notice
9.8.2022
A still undefined exploit of the site’s frontend appears to have resulted in the theft of over $573K USD so far
These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022
9.8.2022
On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens worth four digits in U.S. dollar value, and one valued at three digits. Today, a lot has changed but currently, bitcoin...
Bitcoin.com to introduce Bitcoiners to decentralized finance: KBW 2022
9.8.2022
Corbin Fraser, an executive at Bitcoin.com, told Cointelegraph that they are also planning to release a prepaid debit card that rewards users with crypto
Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’
8.8.2022
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank has said. The report concludes that the country needs to seriously engage...
Cross chains, beware! deBridge flags attempted phishing attack, suspects Lazarus Group
8.8.2022
deBridge Finance survives an attempted phishing attack, points a finger at the North Korean Lazarus Group, and warns the wider community to be on guard
Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments
7.8.2022
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with...
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021
7.8.2022
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across...
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team
6.8.2022
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance Team...