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Ethereum Users Propose ERC 7265 to Thwart DeFi Hacks – How Does it Work?
5.7.2023
Members of the Ethereum community have proposed a new standard meant to improve the security of decentralized finance (DeFi) protocols and mitigate hacks.
The attacks on DeFi protocols have become all too common, draining billions in user funds. According to DeFiLlama, around $6.6 billion...
Accept the ‘Best and Final Offer’ or Face Legal Action Gemini’s Cameron Winklevoss Tells DCG Founder
5.7.2023
According to Cameron Winklevoss, the co-founder of the crypto exchange Gemini, a lawsuit will be filed on July 7 against Barry Silbert and the Digital Currency Group if the latter two fail to accept creditors’ “best and final offer.” Winklevoss also vowed to work with...
Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec
5.7.2023
In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi
OpenAI pauses ChatGPT’s Bing feature as users were jumping paywalls
5.7.2023
OpenAI found a bug in its Browse plugin that inadvertently allowed users to read paywalled articles in some cases
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...
Bybit’s Copy Trading upgrade to help users with automated trading
4.7.2023
Bybit recently unveiled its Copy Trading upgrade for traders. The latest upgrade will allow users to access automated trading. The integration merges the main derivatives terminal with Bybit’s new platform. It allows traders to enjoy a suite of tools and functionalities for portfolio management....
Report: Revolut to Delist Polygon, Solana, and Cardano Amidst Evolving US Regulations
3.7.2023
According to a report published on Monday, the British fintech firm Revolut plans to delist the cryptocurrency assets polygon, solana, and cardano from its U.S.-based platform. Revolut cited evolving regulations in the United States, and users will need to sell the three tokens by September 18th....
LBank Launches Global First Unlimited Crypto Credit Card, Breaking Boundaries in Cryptocurrency Payments
3.7.2023
PRESS RELEASE. LBank, the world-leading cryptocurrency exchange, is soon to launch the world’s first unlimited cryptocurrency credit card, aiming to break down the barriers of cryptocurrency payments. The card, available in both virtual and physical forms, allows users to make any consumer...
Poly Network urges users to withdraw after exploit affects 57 crypto assets
3.7.2023
The Poly Network has been exploited again, this time due to compromised private keys according to blockchain security firm Dedaub
US Judge Orders Kraken to Release Customer Data to IRS in Cryptocurrency Tax Probe
1.7.2023
Kraken, the San Francisco-headquartered digital currency exchange, has received a court order from a U.S. judge requiring the release of customer data to the Internal Revenue Service (IRS). The court filing, submitted on Friday, states that the IRS is seeking details pertaining to accounts that...
Web3 mass adoption: How Web3 can onboard the next billion users
30.6.2023
By conquering these hurdles, we can help kickstart mass adoption while still maintaining the original decentralized spirit of Web3
Biggest Movers: SOL Gains 10%, BCH Hits Fresh 1-Year High
29.6.2023
Solana surged 10% on June 29, after it was confirmed that a new cross-chain bridge will allow users easier access to other blockchains. The update from Debridge will reportedly enable solana users to access ethereum’s virtual machine for the first time. Bitcoin cash extended its own gains...
New deBridge Feature Lets Solana Users Easily Access Any Ethereum-Based Blockchain
29.6.2023
The firm today launched a tool to allow for limitless information and liquidity transfers between Solana and EVM-based blockchains
KuCoin Implements Mandatory KYC for All Users, Strengthening Security Measures
28.6.2023
KuCoin, a major cryptocurrency exchange, will require all users to undergo mandatory know-your-customer (KYC) procedures before July 15, 2023.
This move comes amidst heightened regulatory scrutiny, including the case involving Binance and the U.S. Commodity Futures Trading Commission.
According...
State Duma Chairman of Financial Markets Committee: Russia to Exert ‘Serious’ Control Over Crypto After Legalization
28.6.2023
Anatoly Aksakov, chairman of the Financial Markets Committee of the State Duma, the lower chamber of the Federal Assembly in Russia, has remarked that the government intends to hold “serious” control over crypto after it is legalized. According to local reports, Aksakov also stated that...
Chibi Finance Exit Scam: $1 Million Cryptocurrency Heist Rocks Defi Platform on Arbitrum
28.6.2023
According to several reports, Chibi Finance, the decentralized finance (defi) platform built on top of Arbitrum, allegedly executed an exit scam on its users. Blockchain intelligence firm Peckshield provided a detailed account, revealing that approximately $1 million worth of cryptocurrency assets...
New Web3 ID app lets users find each other based on proven interests
27.6.2023
Quivr allows users to connect multiple apps, including Spotify, Steam and Instagram, to generate behavior-based badges proving their interests
Chibi Finance Rug Pulls Users for $1M, CHIBI Falls 98%
27.6.2023
Over 555 stolen ether were swapped from Arbitrum from Ethereum, a security firm said
Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini Allows Withdrawals for Voyager Users
26.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini...
Gemini rolls out assistance for Voyager users
26.6.2023
Voyager has gone bankrupt, and it is now up to Gemini to help its users. The venture has therefore rolled a way to offer assistance to them by allowing them to with their digital holdings in-kind. All they have to do is create an account with Gemini, review the list of supported tokens, and...