Day: 31 July 2023

The Bank of Korea has chosen three districts - Jeju, Busan, and Incheon - as pilot locations for the Central Bank Digital Currency (CBDC) trial. Referred to as the "private target CBDC test bed," this selection was confirmed on July 31, 2023, and notably excludes Seoul, the nation's capital. According ...

An ethical hacker, operating under the ENS name "c0ffeebabe.eth," has managed to recover 2,879 ETH (worth around $5.4 million) from the total assets lost during the recent Curve Finance exploit. DeFi protocol Curve Finance suffered a major hack on July 30, 2023. The hack was carried out in two stages. ...

According to a local report, Miri authorities have successfully shut down an illegal cryptocurrency mining operation on Borneo's island after a tip-off from the public.  The authorities acted promptly upon receiving the tip-off. They conducted a raid and successfully confiscated all equipment related to the illegal mining operation, including 34 ...

Clearpool has taken a significant step towards becoming a multichain protocol with faster transactions by integrating Polygon zkEVM, a zero-knowledge scaling solution, into its platform. The newly implemented integration allows Clearpool to efficiently segment yields and risks, catering to a diverse range of users with the provision of two distinct ...

Coinbase is currently facing legal action from the United States Securities and Exchange Commission (SEC) over its failure to register as a broker. However, before the SEC took legal action, the regulatory body instructed Coinbase to remove all cryptocurrencies from its platform, with the exception of Bitcoin. Brian Armstrong, the ...

Binance, through its subsidiary, Binance FZE, has successfully acquired an Operational Minimum Viable Product licence from Dubai's Virtual Assets Regulatory Authority (VARA).   In a blog post on July 31, 2023, the exchange announced that VARA had granted it the necessary authorization to provide virtual asset exchange services and virtual asset ...