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FraXion Launches First Security Token Offering in the USA


PRESS RELEASE. Randolph & Main Capital Group (RMCG) has announced the launch of FraXion (FRXN). It is one of the first debt Security Tokens aimed at retail investors who wish to invest alongside institutional investors in the most sought-after real estate developments in the United States....

Web3 Industry Losses Topped $656 Million in H1 of 2023 — Study


Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the most common (60) type of attack during the period...

Ethereum Users Propose ERC 7265 to Thwart DeFi Hacks – How Does it Work?


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...

Today in Crypto: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi Protocols' Security, China Tightens Exports of Two Key Materials Used in Computer Chips


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: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi...

China Looks to Add Digital Yuan Functionality to Social Security Cards


China may add digital yuan functionality to government-issued social security cards, in a possible new breakthrough for the central bank digital currency (CBDC). Per the 21st Century Business Herald (via NBD), the Ministry of Human Resources and Social Security wants to “explore and promote” ways...

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