Japan’s Financial Services Agency (FSA) issued a warning letter to four leading cryptocurrency platforms (Bitget, Bybit, MEXC Global, and BitForex) for failing to receive proper registration. The watchdog alerted in 2021 that Bybit had started offering services without obtaining the necessary licenses. The FSA’s Latest Warning The Japanese regulator maintained in a recent letter that the...Read More
The blockchain security company – PeckShield – outlined that wrongdoers siphoned $211.5 million worth of cryptocurrencies last month via 26 attacks. The Euler Finance exploit accounted for the bigger part of the amount after hackers stole $197 million in staked ETH, USDC, wrapped BTC, and DAI. March Was Not All Sunshine and Roses The revival...Read More
Twitter’s main logo abruptly changed on Monday into a picture of the infamous “Doge” meme – a Dogecoin (DOGE) predictably pumped as a result. The cryptocurrency is up 25% in the past hour, now trading for $0.1. Elon Pumps Doge (Again) When logging into Twitter, the bluebird that once appeared on Twitter’s loading page has...Read More
Shiba Inu (SHIB), a cryptocurrency that took the world by storm with its dog-themed branding, is currently experiencing a bearish trend in the market. However, many analysts and enthusiasts believe that the coin may soon find support and rebound. Additionally, SHIB’s recent network developments and burning events will soon ignite fresh surges and continue the...Read More
A large Ethereum MEV bot was targeted in a sandwich attack on Sunday, netting an attacking validator roughly $25 million in funds. A sandwich attack is when an attacker places a large trade on either side of a target’s transaction, manipulating the price and profiting from the price change. In this case, the money was...Read More
Vitalik Buterin encouraged the deployment of Zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum mainnet. In a blog post, Buterin stated that the zk-EVMs would speed up Ethereum’s verification process without affecting the network’s decentralization and security. zk-EVMs to Interact With Ethereum’s Multi-Client Philosophy According to the Russian-Canadian programmer, Ethereum maintains its security and decentralization...Read More
Wednesday 5 April, will mark a milestone for BitMEX, when BMEX Tokens begin trading on Gate.io – the first exchange outside of BitMEX, to list our token. From 05:00 UTC, Gate.io traders will be able to buy and sell BMEX – via a BMEX/USDT spot pair – on their Spot Exchange. BitMEX users will continue...Read More
The Ethereum development team has made one of the most significant announcements since the Merge in September 2022: the release of the Shanghai upgrade, which will occur on April 12, 2023. Since the debut of the Proof-of-Stake (PoS)-based Beacon Chain, prospective validators on the new Ethereum 2.0 network have been required to lock up at...Read More
Dfinity Foundation – a not-for-profit organization that develops the Internet Computer protocol – announced the launch of a “twin” token that is 1:1 cryptographically secured by Bitcoin. Dubbed “ckBTC,” the new token is being touted as liquid and cost-efficient that will enable layer-2 capabilities on Bitcoin by making it faster and cheaper to transact without...Read More
Crypto firms in the United Kingdom are struggling to obtain banking services, Bloomberg reported Sunday, citing multiple sources. Local crypto executives expressed frustration with rejected applications, frozen bank accounts, and overwhelming paperwork. The situation was exacerbated by the departure of United States-based lenders Silvergate Capital, Signature Bank, and Silicon Valley Banks. Banking Restrictions Hinder Crypto...Read More
[PRESS RELEASE – Victoria, Seychelles, 3rd April 2023] OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today debuted ‘Train Like Dias’ its first ‘OKX Collective’ immersive metaverse fan experience featuring OKX ambassador and Manchester City player Rúben Dias. “Train like Días” empowers fans to follow some of Rúben...Read More
The Arbitrum Foundation found itself at the receiving end of significant backlash over its governance voting system. The drama centers around the sale of 10 million in ARB tokens for fiat by the Ethereum layer 2 solutions provider even before the community had formally ratified its budget. Following the community outrage, the Arbitrum Foundation acknowledged...Read More
Bitcoin prices gained almost 22% in March, rising from $23,450 to the end of the month at over $28,500. The big bullish candle has mirrored the one for January, setting up the next major move for the asset. On April 2, market analyst “The Birb Nest” said the monthly candle has induced an even more...Read More
Polygon News Polygon is one of the most traded cryptocurrencies on Coinbase. Formerly known as Matic Network, Polygon is a Layer 2 scaling solution for Ethereum that aims to improve network scalability and reduce transaction fees. It is built on Ethereum and uses a Proof-of-Stake (PoS) consensus algorithm, enabling faster and cheaper transactions. However, since...Read More
