Allbridge, following a recent cyberattack that resulted in the loss of over $573,000, has released a recovery plan prioritizing compensation for customers with funds locked on its multichain token bridge. On April 5, 2023, the company released a...
PostFinance, a Swiss government-owned retail bank, is preparing to offer clients services for trading and storing cryptocurrencies. PostFinance has partnered with Sygnum, a regional cryptocurrency bank, to provide its clients with regulated digital asset banking services. The move...
On March 31, 2023, an investor sold around one million ARB tokens for 708 ETH, valued at almost $1.27 million. Despite the large sale, the token's daily price movement remained largely unaffected. This transaction occurred after Arbitrum's airdrop...
Former US President Donald Trump’s NFT Trading Cards collection recorded a surge in value in the past 24 hours despite the news that the former president is under criminal investigation. The trading volume of Trump Digital Trading Cards...
FTX EU, the European division of the now-bankrupt cryptocurrency exchange, FTX, has launched a new website that allows European customers to request withdrawals of their funds trapped in the exchange. As per a report from Finance Magnates, the...
Daniel Shin, also known as Shin Hyun-Seong and one of the Terraform Labs co-founders, was summoned to court for questioning after new charges were filed against him and prosecutors sought an arrest warrant. On March 30, 2023, he...
Local investors are launching a $100 million fund to finance Hong Kong's digital economy as the city reopens to the crypto market. The new Fund, called ProDigital Future, will primarily focus on early-stage Web3 businesses. Our first close...
On March 29, 2023, multi-chain wallet BitKeep announced that it had fully compensated users who were impacted by the 7.2.9. Android Package Kit (APK) exploit that occurred on December 26, 2022. On that day, hackers maliciously switched BitKeep's...
Mike Novogratz, the CEO of digital asset investment company Galaxy Digital, has stated that the U.S. government is misguided in its focus on crypto legislation while ignoring the potential dangers posed by artificial intelligence (AI). He made these...
The United States Federal Deposit Insurance Corporation (FDIC) has announced that Signature Bank customers who hold crypto accounts have until April 5, 2023, to withdraw their funds and find another banking option or risk closure of their accounts. ...
