The Bank for International Settlements (BIS) has progressed its cross-border payments initiative, Project Mandala, a blockchain-based payment solution for cross-border transactions, to the proof-of-concept stage. According to an October 28 statement by the institution, during this proof-of-concept phase,...
Ethereum-based decentralized finance (DeFi) protocol Ethena Labs is under investigation following allegations from crypto investigator “Nomad” that its development team engaged in an internal crypto-farming event. The investigator claimed that the Ethena team holds around 25% of the...
Elon Musk, Tesla CEO and noted Dogecoin enthusiast, sparked fresh excitement among Dogecoin fans by sharing a playful meme on his X account. The post features Musk and a Shiba Inu dog—Dogecoin's iconic symbol—in a powerlifter pose, blending...
1inch, a leading DEX aggregator, has teamed up with the Bruce Lee Family Company to launch the "Take Crypto SeriousLee" campaign to reshape public perception of cryptocurrency. In an exclusive interview with Cointelegraph, 1inch co-founder Sergej Kunz explained...
A security breach on Base, a Layer 2 blockchain, has led to the theft of approximately $1 million. The exploit, which involved manipulated Wrapped Ether (WETH) contracts, was first reported on October 25 by blockchain security firm Cyvers...
A United States appeals court has upheld a lower court's decision to reject a lawsuit against Lemonade Insurance, brought by a Virginia homeowner seeking coverage for a $170,000 loss from a cryptocurrency scam. The Fourth Circuit Court of...
Chiliz has announced that its sports-centric blockchain platform, Socios.com, has received in-principle approval for a Class 3 Virtual Financial Assets Act (VFAA) license from the Malta Financial Services Authority (MFSA). This license will allow Socios.com to offer digital...
Thailand's cryptocurrency landscape is undergoing a significant transition as it pivots from retail to institutional investments, according to Nirun Fuwattananukul, CEO of Binance Thailand. In an opinion piece recently published by the Bangok Times, Fuwattananukul noted that this...
Binance has announced its support for Aragon’s (ANT) latest initiative, offering ANT token holders the opportunity to exchange their tokens for Ethereum (ETH). In an official statement released on October 24, 2024, the crypto exchange confirmed that the...
The United States and Nigeria have established a Bilateral Liaison Group aimed at tackling illicit finance and cryptocurrency-related crimes. The U.S. Department of State announced this partnership on Wednesday, October 23, highlighting the importance of collaboration in addressing...
