Day: 23 November 2022

Avraham Eisenberg, the trader behind the Mango Market hack, has failed in his attempt to exploit Aave. He tried to manipulate Aave's lending policy by borrowing $40 million in CRV tokens and selling them off, causing the token's price to plummet. The trader had earlier announced the plan via his ...

Consumers are legitimately worried about the financial status of firms and businesses in the aftermath of the collapse of FTX. Changpeng Zhao, CEO of Binance, shared advice with other centralized exchanges on how to maintain a healthy company and gain users' trust. CZ encouraged them to be transparent to their ...

Government officials and regulators in the United States have begun to schedule hearings to investigate the causes of FTX's unexpected collapse. This comes at a time when the crypto industry is starting to return to normalcy following the FTX debacle that occurred earlier this November.  Given the size of the ...

The Monetary Authority of Singapore (MAS) has claimed in a statement that it warned its citizens about Binance Global Inc. because Binance was actively soliciting users when it was newly registered in the country but failed to warn everyone about FTX because it was not actively soliciting users. In response ...

On Tuesday, New York Governor Kathy Hochul signed a law banning specific cryptocurrency mining operations that use carbon-based energy sources. A Proof-of-Work (PoW) mining firm will not be permitted to expand, renew permits, or allow new firms to start operations for the next two years unless it employs only renewable ...

InterContinental Hotels & Resorts, in partnership with British modern artist Claire Luxton, has unveiled its first collection of ten unique non-fungible tokens (NFTs) linked to luxurious travel benefits. Each of the 10 NFTs, according to InterContinental, includes artwork specially designed for the company and inspired by the natural beauty of ...

CoinSwitch, an Indian crypto exchange, has launched CoinSwitch Pro, a multi-exchange trading platform that allows users to trade crypto assets in Indian rupees across multiple exchanges using a single login. The platform is supposedly KYC-compliant. ???? ???????????????????????????????????? ???????????????????????????????????????? ???????????? ???? A pro-crypto platform for a pro-trading experience! ???? ▶️ Multiple ...

Genesis, a cryptocurrency lender, said on Monday that it has no plans to file for bankruptcy anytime soon, just days after the collapse of cryptocurrency exchange FTX forced it to suspend customer redemptions.  In an email sent to Reuters, the firm stated:  "We have no plans to file bankruptcy imminently. ...

In recent years, decentralized finance (DeFi) experienced rapid growth. This key crypto sector provides people with unrestricted, open, and transparent access to financial instruments.  People can use BNB Chain, Ethereum, Avalanche, and other networks to access a wide range of financial services with just a few clicks.  The mission of ...