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1 year, 2 months agoBlockFi Blocks Attempts to Recover Millions from Bankrupt FTX and 3AC
BlockFi, a bankrupt cryptocurrency lender, is attempting to block FTX and Three Arrows Capital (3AC) from retrieving hundreds of millions of dollars to pay back their creditors. BlockFi claims that FTX…
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1 year, 2 months agoRBA and DFCRC Unveil Findings of CBDC Pilot Program in Australia
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have released a report detailing the findings of their pilot program exploring the use cases for a potential e-AUD, a…
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1 year, 2 months agoBalancer Secures Over 80% of Funds After Vulnerability Report
Balancer, a DeFi lending pioneer, recently received a vulnerability report that found over 100 of its V2 pools were at risk. The team quickly secured over 80% of the funds, but roughly $10 million remains at risk.…
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1 year, 2 months agoChinese Government Official Sentenced to Life in Prison for Illegally Subsidizing Bitcoin Mining Operation
Xiao Yi, a former Chinese government official, has been sentenced to life in prison for helping subsidize a secret, large-scale Bitcoin mining operation within the country’s borders, alongside unrelated acts of c…
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1 year, 2 months ago"Wall Street Memes: The Next Big Crypto to Watch Out For in 2023"
Wall Street Memes (WSM) is a funny picture token inspired by Meme stocks. It has raised more than $26 million in its presale and is close to reaching its goal of $30 million. The token’s price increases slightly i…
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1 year, 2 months agoUpbit Listing and Animoca Brands Partnership Could Propel CyberConnect Token ($CYBER) to New Heights
The CyberConnect token $CYBER has seen an impressive performance in the past weeks, with a listing on Binance on August 15 and a subsequent 80% increase. Despite a subsequent price drop, the coin is still up by…
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1 year, 2 months agoCentral Bank Report Warns of Financial Risks of Cryptocurrencies in Emerging Economies
Cryptocurrencies have been promoted as a way to reduce financial risks in emerging economies, but a new report from the Bank for International Settlements (BIS) suggests that they may actually be amplifying them.…
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1 year, 2 months agoBalancer Discloses Vulnerability, $27 Million at Risk
Balancer Labs recently disclosed a vulnerability affecting several of its pools in a statement published on Aug. 22. The project reported that the vulnerability had not been exploited and that 80% of the issue had…
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1 year, 2 months agoMystery Bitcoin Whale Holds Over $3 Billion in Crypto
An unknown Bitcoin whale has recently emerged, accumulating 118,300 Bitcoin worth over $3 billion at current market prices. The identity of the owner remains unknown, leading to speculation that it could be a…
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1 year, 2 months agoCoinDCX Slashes Staff Amid India Crypto Taxation and Bear Market
CoinDCX, a Coinbase Ventures-backed Indian crypto unicorn, has recently laid off 12% of its workforce, or 71 out of its total 590 employees. This decision was taken due to the prolonged bear market and the impact…
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1 year, 2 months agoDeclining Pre-Owned Home Sales Impact US Economy
The US housing market has experienced a decline in pre-owned home sales in July, dropping to the lowest level in six months. This is due to rising mortgage prices, a small inventory of available homes, and fewer…
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1 year, 2 months agoVC Spectra (SPCT) Pre-ICO Attracts Attention as SEC Likely to Approve Ethereum (ETH) ETFs and Binance Connect to Shut Down
VC Spectra (SPCT) is a decentralized investment platform that is gaining attention in the DeFi space. The platform is in presale and the token, SPCT, is a BRC-20 standard token used for exchange, decentralized…
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1 year, 2 months ago"Borroe ($ROE) Raises $250,000 in Five Days: Early Investors Rush to Take Advantage of Presale Stages"
Borroe ($ROE) is a decentralized fundraising marketplace that bridges the short-term liquidity gap in the web3 industry. It is powered by AI and provides web3 businesses with instant cash flow instead of waiting to…
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1 year, 2 months agoSEC Changes Stance on XRP as Price Forms Bullish Pattern
The US Securities and Exchange Commission (SEC) has taken a new approach to Ripple in its Aug 19 Motion to Certify Interlocutory Appeal. The SEC has changed its stance on XRP from claiming XRP is a digital asset to…
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1 year, 2 months agoAVAX Holders Hit All-Time Low as Crypto Market Plunges
The crypto asset Avalanche (AVAX) has been hit hard by the bear market, with its price dropping to a multi-year low of $10.14. According to IntoTheBlock’s findings, nearly all AVAX holders are currently at a l…
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1 year, 2 months agoFormer FTX CEO Sam Bankman-Fried Seeks Lenient Prison Schedule Ahead of October Trial
Sam Bankman-Fried, the former CEO of FTX, is asking for a more lenient prison schedule to allow him to prepare for his upcoming trial in October. His lawyers have written a letter to the U.S. District Judge Lewis…
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1 year, 2 months agoCircle to Expand USDC to 15 Blockchains, Coinbase Invests in Company
Coinbase has invested in Circle, the company behind USDC, a stablecoin. The USDC Center Consortium will be dissolving, with Circle taking over the responsibility of USDC’s smart contract keys, issuance, o…
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1 year, 2 months agoStellar Joins Bytecode Alliance to Promote WebAssembly Development
The Stellar Development Foundation has joined the Bytecode Alliance, an industry group promoting the development of WebAssembly (Wasm). Wasm is a competitor to the Ethereum Virtual Machine (EVM) used by the…
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1 year, 2 months agoMoneyGram and Ripple Set to Rekindle Partnership, XRP Price Set to Explode?
MoneyGram and Ripple have had a long-standing partnership, with Ripple investing $50 million in the money transfer giant in 2019. As part of the agreement, MoneyGram used Ripple’s technology, xRapid (now O…
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1 year, 2 months agoBinance Coin (BNB) Price Drops to Lows of $204 Amid Regulatory Headwinds
Binance Coin (BNB) has seen a sharp decline in price, trading to lows of $204 after breaking below the key levels of $210 and $208. This comes amid strong headwinds around Binance, with regulatory issues and…
