San Francisco’s law enforcement agents have reportedly detained the 38-year-old tech-consultant and entrepreneur – Nima Momeni – for the alleged murder of Bob Lee (founder of the mobile payment service that allows users to buy and sell bitcoin – CashApp). The incident happened last week when Lee was stabbed to death in the Rincon Hill...Read More
The Securities and Exchange Commission (SEC) is furthering its plans to bring crypto exchanges under its regulatory purview – including DeFi exchanges. The agency has announced that it is reopening an old proposal surrounding consumer protection laws to explicitly put digital asset trading within its scope. Regulating DeFi Per a press release from the SEC...Read More
The ongoing legal dispute between the United States Securities and Exchange Commission (SEC) and Ripple has taken another turn as the San Francisco-based blockchain company has countered the SEC’s argument regarding its fair notice defense strategy. According to a document filed on April 13, Ripple insisted that the case cited by the SEC did not...Read More
Arthur Hayes – co-founder of BitMEX – believes the altcoin season (a time frame during which the alternative coins outperform Bitcoin and reduce its dominance in the crypto market) is already here. Assets like Ether (ETH), Arbitrum (ARB), and Dogecoin (DOGE) have marked substantial gains in the past 24 hours, whereas BTC has been relatively...Read More
Bitcoin price smashes new yearly highs at $31,000 for the first time in the past nine months. The gigantic recovery which sparked at the beginning of 2023, is approaching some crucial levels. Meanwhile, some of the altcoins, like ARB, SOL, and ATOM, are displaying acute bullish momentum. One of the top analysts, Altcoin Sherpa, frames...Read More
ChainLink (LINK), the decentralized oracle network that bridges smart contracts with real-world data, has made headlines in the cryptocurrency space as it recently broke through its monthly resistance level, setting new price targets and sparking investor interest. The fresh surge came after Ethereum’s Shanghai upgrade went live on 12 April, pushing the altcoin and DeFi...Read More
Tornado Cash has, once again, found itself as the nexus of pilfered funds from a DeFi protocol. An Ethereum wallet address associated with the exploiter of the DAO Maker breach from 2021 sent $600,000 worth of DAI stablecoin through the controversial coin mixer. According to the blockchain security firm, PeckShield, the wallet had been dormant...Read More
[PRESS RELEASE – Please Read Disclaimer] Caizcoin has successfully invented and developed Islamic Federated Byzantine Agreement (IFBA), a Fiqh compliant consensus mechanism. IFBA incorporates three key innovations over the Federated Byzantine Agreement (FBA) algorithm. These key innovations ensure that nodes in the Caiz blockchain can always reach consensus, ensuring that the blockchain will never stop...Read More
[PRESS RELEASE – Toronto, Canada, April 14th, 2023] Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX. This proposal comes after Binance’s announcement that it...Read More
Despite a messy governance dispute, Arbitrum’s native token – ARB – has emerged as one of the best-performing assets. The latest surge of more than 20% over the last 24 hours pushed the price to $1.573. During the same period, ARB’s trading volume increased by 204% to nearly $2 billion. From whale accumulation to ramping...Read More
Cryptocurrency exchange Bitrue was exploited today, with the perpetrator being able to withdraw approximately $23 million worth of cryptocurrency. The exploit was officially confirmed. In a Twitter thread posted today, Bitrue revealed that the exchange suffered a “brief exploit” in one of their hot wallets earlier. 1/4: We have identified a brief exploit in one...Read More
[PRESS RELEASE – Singapore, Singapore, April 14th, 2023] HashKey Group, a leading digital asset financial services provider in Asia, is pleased to announce the upgrade of its Over-the-Counter (“OTC”) trading business, as well as the launch of a new wealth management business line, HashKey Wealth. Since its inception, HashKey Group has always been committed to...Read More
[PRESS RELEASE – VICTORIA, SEYCHELLES, April 13th, 2023] OKT Chain (OKTC), the EVM and Wasm-compatible chain backed by OKX, the world’s second-largest crypto exchange by trading volume, has announced its sponsorship of the upcoming Web3athon event taking place in conjunction with Consenus 2023. Organized by Coindesk, Hackerearth, and Alchemy, the event is set to take...Read More
What would crypto be without its influencers and thought leaders? From the earliest Bitcoin evangelists, spreading the word when the world was ignorant, to the latest YouTubers picking new projects and sharing the knowledge, crypto has a long history of thought leaders who aren’t afraid to speak up. Some have the power to move markets,...Read More
Draft legislation that designates digital assets as “personal property” passed the third reading in Montana’s House of Representatives. The bill, which also aims to foster the operations of local cryptocurrency miners, needs to receive a green light from the state’s Governor – Greg Gianforte – to become official. One Step Closer After receiving Senate’s approval...Read More
Open-source blockchain platform EOS announced the beta launch of its Ethereum Virtual Machine (EVM) mainnet, designed to enhance interoperability between the network and the Ethereum Blockchain. The EOS Network Foundation (ENF) also inked a strategic partnership with market maker and investment firm DWF Labs through an investment deal of $60 million to further the platform’s...Read More
