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Suspected $28 Million Coinex Hot Wallet Hack Emerges

12.9.2023
Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating...

Biggest Movers: BCH 6% Higher, as Price Nears $200 Level

12.9.2023
Bitcoin cash was one of Tuesday’s biggest movers, as bullish sentiment returned to markets, following recent declines. After huge losses on Monday, bulls have seemingly moved to buy the dip in price, pushing the global market cap 1.55% higher as of writing. Solana also surged...

Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation

12.9.2023
With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have surged...

Why Starfield’s Planets Are Covered In Thousands Of Dead Creatures

11.9.2023
Over the weekend, I continued exploring the galaxy of Starfield, Bethesda’s recently released giant space RPG. I was looking for a new planet or moon to create an outpost on, but instead, I discovered that Starfield’s planets are often covered in dead aliens, their bodies usually gathered together...

G20 Leaders Endorse FSB Recommendations for Crypto Regulation

11.9.2023
The G20 leaders have released their declaration following their summit in New Delhi. They endorsed the Financial Stability Board’s “high-level recommendations for the regulation, supervision, and oversight of crypto-assets activities and markets and of global stablecoin arrangements” and welcomed...

FTX Looking to Recover Millions Paid to Athletes and Sports Clubs

10.9.2023
Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like the NBA’s Miami Heat and Formula 1’s Mercedes under...

What Are Smart Contracts? Unpacking Today’s Digital Agreements

10.9.2023
In the digital currency realm, smart contracts have enhanced the financial industry through tokenization, decentralized finance (defi) and other agreements in the form of self-executing code. But how exactly do they work? What benefits do they offer? Here’s a concise overview of smart...

Indonesia Expands De-Dollarization Efforts With National Task Force Formation

9.9.2023
Indonesia’s central bank has established a national task force to expand the use of local currency with partner countries. Malaysia, Thailand, Japan, and China are already trading with Indonesia using local currencies. In addition, Singapore and South Korea have signed cooperation agreements...

IMF and FSB Release ‘Policies for Crypto Assets’ at G20 Request

9.9.2023
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published their synthesis paper titled “Policies for Crypto Assets,” which was developed at the request of the Indian G20 Presidency. The global organizations “have set out a roadmap to ensure effective...

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