Crypto and Web3 projects experienced a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, there were a total of 30 attack incidents, but this number rose to 76 in Q3 2023. Nearly $686 million […]
The Bank for International Settlements (BIS) has successfully completed a cross-border trading experiment using central bank digital currencies (CBDCs) and decentralized finance (DeFi) technology. The experiment, dubbed “Project Mariana”, was conducted in collaboration with the central banks of France, Singapore and Switzerland. The test used hypothetical euro, Singapore dollar and Swiss franc wCBDCs, as well […]
Alex Mashinsky, former boss of the now-defunct crypto lending firm Celsius, is set to begin his criminal fraud trial on September 17, 2024. US District Judge John Koeltl confirmed the news during a hearing on Tuesday, adding that there will be three pretrial conferences in March, July, and September. Mashinsky is currently free on $40 […]
Jan van Eck, CEO of investment firm VanEck, and Matt Hougan, Chief Investment Officer of crypto investment firm Bitwise, both expressed optimism in an interview with CNBC yesterday that a spot bitcoin ETF could be approved by the Securities and Exchange Commission (SEC) as early as 2024. This follows a key legal victory last month […]
The social media account with the username @satoshi has recently broken its silence on X, sparking curiosity and speculation within the cryptocurrency community. The account, attributed to the individual or group behind the creation of Bitcoin, has committed to exploring additional important issues about Bitcoin, left out of the original whitepaper.The cryptocurrency community has reacted […]
Binance, a global crypto exchange, announced on Oct. 3 that it will end support for Binance USD (BUSD) borrowing and staking positions by Oct. 25, 2023. The exchange has urged its users to convert their BUSD holdings to First Digital USD (FDUSD) as part of the gradual phasing out of support for the stablecoin. This […]
Bitstamp, a prominent cryptocurrency exchange, has announced its plan to embrace multi-chain functionality by introducing USDC on the Stellar network. This development marks the start of an exciting journey to expand the platform’s capabilities and provide users with broader access to diverse blockchain ecosystems.The integration of USDC into the Stellar network via Bitstamp offers many […]
Ether (ETH) traded at just above $1,650 on Oct. 3, after dropping 5.3% in two days. The price had advanced 10% in the last week of September and hit a local peak at $1,750 on Oct. 1. The correction followed the Bitcoin-led correction that printed red candles on the charts of all top 40 digital […]
Composable is a base layer connecting layer ones and layer twos, and is scaling IBC to other ecosystems to push the boundaries of trust-minimized interoperability. As a keynote speaker and Diamond Sponsor at Cosmoverse’23, Composable is looking to further invest in the growth of the Cosmos ecosystem and will present their keynote on their efforts […]
Uniswap (UNI) has recently achieved a major milestone of 300 million swaps, indicating a resurgence in user activity and a major comeback for the leading Decentralized Exchange (DEX) protocol. This growth is significant as it comes after a period of unfavorable market conditions and stunted growth.Data from Token Terminal shows that Uniswap’s daily user activity […]
