Day: 1 November 2024

M2, a UAE-based multi-chain cryptocurrency exchange, has restored all user funds following a recent security breach that saw around $13.7 million siphoned from its hot wallets. In a recent security update, the crypto exchange confirmed it had fully resolved the breach, assuring customers that all assets were returned and services ...

The crypto world moves fast, and for those who missed the chance to invest in Cosmos, timing could soon be on your side. Cosmos made significant strides in the blockchain space, pioneering technology that enabled different blockchains to communicate. This unique value proposition attracted a wave of early adopters, allowing ...

Blockchain infrastructure firm Paxos has introduced a new stablecoin, USDG, in Singapore. USDG is backed 1:1 by the U.S. dollar, and it was developed in partnership with DBS Bank to meet the regulatory standards of the Monetary Authority of Singapore (MAS), according to Paxos' announcement on November 1, 2024. This ...

A new blockchain project, Spacecoin.xyz, plans to launch the first blockchain network to operate entirely through satellites. According to the project's development team in a "blue paper" released on November 1, the network will leverage the Iridium satellite constellation to create a secure and resilient system that is less susceptible ...

On October 31, a London event that promised to unveil the true identity of Bitcoin's mysterious inventor, Satoshi Nakamoto, left journalists unconvinced and questioning the credibility of the latest claimant, Stephen Mollah.  Dressed in a unique outfit—a colourful turban, camouflage pants, and a black suit coat—Mollah took the stage at ...

Around 500 Bitcoin, worth approximately $35 million, has been moved from a wallet address linked to the defunct crypto exchange Mt. Gox on November 1, according to on-chain data analysis by Arkham Intelligence. The transfer reportedly occurred in two parts—31.78 BTC and 468.24 BTC—sent to undisclosed addresses. This marks the ...

As technology advances, cryptocurrencies like Filecoin, Tezos, Arbitrum, Chainlink, and Qubetics are creating powerful solutions that redefine the way we handle data, transactions, and financial operations. Each of these networks is tackling a unique challenge—whether it's enhancing data storage, streamlining smart contracts, scaling transactions, or connecting blockchain with real-world data. ...

Bhutan, a small Himalayan country, is ranked 108th in the 2024 Index of Economic Freedom, with a score of 55.4, placing it in the "mostly unfree" category. What that simply means is that the country's economy is in dire straits in terms of regulatory efficiency, trade freedom, and investment openness.  ...