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Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO
6.8.2023
The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift away from U.S. dollar influence “could have positive implications for Asian economies,” he described: “With the dollar losing its stranglehold...
Blockchain Security Firm CertiK Reveals Vulnerability in Worldcoin Protocol Allowing Unverified Orb Operator Access
5.8.2023
Blockchain security firm CertiK has disclosed a vulnerability in the Worldcoin protocol that allowed unauthorized access for an Orb operator.
In a recent Twitter thread, CertiK explained that the vulnerability allowed anyone to bypass the verification requirements to become an Orb operator...
Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process
4.8.2023
On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users’...
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
4.8.2023
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots...
Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials
3.8.2023
Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production nearly one million barrels per day below its quota...
Crypto Custody Firm BitGo Hires Ex-Genesis Exec Matthew Ballensweig to Lead Go Network
3.8.2023
Mediation Period for Bankrupt Crypto Firm Genesis Nearing End, Deal Uncertain
3.8.2023
Mediation between bankrupt cryptocurrency lender Genesis Global Holdco and creditors is set to conclude by August 16, but a deal is yet not certain.
Speaking during a hearing before US Bankruptcy Judge Sean Lane, company lawyer Sean O'Neal said the mediation period would not be extended if...
Blockchain IOT firm Nodle goes open source with Web3 bluetooth ‘nanocomputer’ sticker
2.8.2023
Nodle unveils open source bluetooth ‘nanocomputer’ N1 sticker aimed at increasing IoT connectivity across industries
Aave Should Block Curve Token Borrowing, Risk Management Firm Proposes
2.8.2023
An ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing all borrowing activity, Gauntlet argued in a Wednesday protocol
Binance says 'no comment' on report it mulled closing U.S. arm to protect its global firm
2.8.2023
Binance declined to comment on the issue when Cointelegraph reached out to confirm the report
Tiny Bitcoin ATM Firm Plans to Fight Giant Swiss Regulator in David vs Goliath Battle
31.7.2023
Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association
31.7.2023
While Sorare has over 4 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound
Private Banking Firm With $14B Assets Starts First Crypto Fund of Spain
26.7.2023
The fund will be accessible to professional investors only and will be audited by PwC
Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq, and more
26.7.2023
Ant Group is reportedly cutting off its blockchain and database management businesses from its main entity to prepare for an upcoming public offering
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
25.7.2023
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the transactions
Crypto Startups Secure $201.4M in Funding: Futureverse and RISC Zero Lead the Way
25.7.2023
Last week, venture capital and investment firms invested $201.4 million in crypto projects, with metaverse startup Futureverse and RISC Zero receiving the largest fundraises.
Eleven companies recently announced funding rounds, with two standout raises. Metaverse startup Futureverse secured...
Crypto Firm Flashbots Raises $60M in Paradigm-Led Round
25.7.2023
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV)
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
25.7.2023
The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022
Ripple Committed to Markets With Clear Rules in Asia and Europe After US Court Win
24.7.2023
Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain firm also plans an expansion in the U.K. and Europe...
Evidence of crypto usage by ISIS is 'mounting': TRM Labs
23.7.2023
Blockchain intelligence platform TRM Labs revealed that Tether (USDT) on the Tron network was being used for most of the transactions