Search
Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital
25.5.2023
Other investors in the Series C round included Bain Capital Crypto and Distributed Global
Circle launches euro-based stablecoin on Avalanche blockchain
25.5.2023
Circle launched EUROC last year as a regulated stablecoin, which means that each token is fully backed by euro reserves held at United States-regulated financial institutions
Cybersecurity Firm Unciphered Hacks Popular Trezor T Crypto Wallet
25.5.2023
The US-based cybersecurity firm Unciphered claims to have successfully hacked into a Trezor T hardware crypto wallet by exploiting a hardware vulnerability.
The breach of the popular hardware wallet was made possible by physically taking apart the device using highly specialized tools.
The...
Mastercard's Chief Says Blockchain Can Bring Much More Value to Financial Services
25.5.2023
Payment giant Mastercard finds that crypto and blockchain are useful and can bring much more value to financial industries as a whole, but only when they tackle the security and ease of use issues in order to build trust.
Raj Dhamodharan, Mastercard’s EVP and head of crypto and blockchain, spoke...
Squid and Axelar announce integration with Filecoin Virtual Machine
25.5.2023
Squid has announced its plans to integrate with Filecoin Virtual Machine, also known as FVM. The integration will be simultaneously undertaken by Axelar to fulfill the objective of wider adoption of cryptocurrencies. Calling this integration an important moment, Squid has highlighted in...
South Korean Prosecution Vows to ‘Review’ Crypto Sector as Scandal Intensifies
25.5.2023
South Korea’s Prosecutor-General has promised a “thorough review” of the crypto sector amid rising “public suspicion” about politicians and their crypto holdings.
Per Yonhap, Prosecutor-General Lee Won-seok said his agency would “faithfully investigate” the sector.
And he pledged to “resolve...
Gateway to Cosmos 2023 is scheduled to happen from June 3-5 in Prague
25.5.2023
On June 03, 2023, participants will have a chance to attend one of the largest Cosmos events that is being organized in Prague. The announcement about the date was made by Cosmos, adding that Gate to Cosmos 2023 will conclude on June 05, 2023. The 3-day long event will see industry leaders coming...
Gaming is the 'largest scale opportunity' for crypto: Polygon co-founder
25.5.2023
Polygon co-founder Sandeep Nailwal said growing industries “invites a lot of speculation early on” but the genuine use cases will eventually rise to the surface
US Regulator Charges Five in a “Fraudulent Digital Assets Trading Scheme” After They Targeted Spanish-Speaking Communities
25.5.2023
A US regulator charges five people on Wednesday for allegedly “fraudulently soliciting” money from more than 170 people for a company called Icomtech to trade bitcoin and other assets for them.
The Commodity Futures Trading Commission filed a complaint in the US District Court for the Central...
Central Bank: Crypto May ‘Infect’ Russian Economy – Is a Crackdown Incoming?
25.5.2023
Cryptoassets have the power to “infect” the Russian economy, the nation’s crypto-skeptic Central Bank has warned.
Per the domestic news agency Interfax, the bank’s First Deputy Chairwoman Ksenia Yudaeva made the comments at a recent economic forum.
She claimed that the government and regulators...
IRS Sends Experts Next Month Around the World To Combat Cybercrime With a Focus on Crypto
25.5.2023
The US Internal Revenue Service will deploy experts next month to four continents to combat cybercrime, with a particular focus on tax and financial crimes that use cryptocurrency.
That is part of a pilot program the IRS announced last week where “cyber attachés” will be sent to Sydney, Bogota...
Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief
25.5.2023
On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The study says the slowdown is probably temporary, with...
China Central Television’s Segment on Crypto Garners Attention Around the World
24.5.2023
China Central Television aired a segment on Tuesday involving virtual assets, which garnered attention from around the world.
The segment, which is just over a minute long, features bitcoin, nonfungible tokens and is titled “Hong Kong Securities Regulatory Commission: Implementing a mandatory...
U.S. Charges Russian In Ransomware Scheme Worth Up To $200 Million
24.5.2023
The U.S. Department of Justice (DOJ) has indicted a Russian man for his alleged participation in several ransomware schemes.
According to a press release from the Justice Department, the individual, identified as Russian national Mikhail Pavlovich Matveev, has carried out cyberattacks on victims...
What Is Azra Games' Approach To NFTs In Gaming
24.5.2023
Blockchain gaming company Azra Games is taking a different approach to NFTs in Web3 games, focusing on the gameplay itself rather than the crypto elements.
In a recent interview, Azra Games founder and CEO Mark Otero said Web3 games need to be so good that people adopt it for the gameplay not...
Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality
24.5.2023
After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industry) got a searing reminder on the importance of managing expectations
Binance Accused of Mixing Company Revenue with Customer Money In U.S
24.5.2023
The world’s largest crypto exchange, Binance, has mixed company revenues with customer funds in the US, according to a Reuters report.
The comingling of customer funds and company revenues happened “almost daily” in bank accounts the exchange had at the now-bankrupt crypto-friendly bank...
30-Day Bitcoin NFT Sales Surge to $173 Million, Securing Second Place in Blockchain Market
24.5.2023
In the past month, recent data reveals that sales of non-fungible tokens (NFTs) originating from the Bitcoin blockchain have surged to $173.28 million. Surpassing 20 alternative blockchain networks, Bitcoin-based NFT sales now secure the second position in the realm of blockchain sales, with only...
Should You Buy SOL? Solana Price Prediction Surges as SOL Blockchain Attracts a Wave of New Users Amidst High ETH Gas Fees
24.5.2023
Solana (SOL), a blockchain platform known for its scalability and low transaction fees, has recently gained significant attention as it attracts a wave of new users.
The surge in interest comes as Ethereum (ETH) gas fees remain high, prompting many users to explore alternative options.
The...
Digital-Native City 'Cabin' Seeks To Reinvigorate The City
24.5.2023
Digital-native coliving city project, Cabin wants to revolutionize its initiative by integrating crypto governance with a newly launched Network City.
Cabin announced the launch of the first-ever network city, a globally-distributed property for remote workers and creators who love nature.
The...