Scammers and hackers frequently target blockchain platforms because they handle millions of financial transactions involving valuable digital assets daily. History is replete with numerous instances of crypto platforms being attacked. For instance, hackers carted away $100 million in...
Binance has been granted preliminary approval to operate in Kazakhstan. The in-principle approval comes from the Astana Financial Services Authority (AFSA), the first Kazakhstani regulator to grant Binance this type of approval. With the approval, the well-known cryptocurrency...
As the global adoption of cryptocurrency grows, more countries are becoming interested in it. Regulations are being developed in various regions to regulate and supervise the use of cryptocurrencies. Some countries that support cryptocurrencies have even made them...
For a long time, venture capital firms have invested in companies they believe have the potential to be profitable. These venture capital (VC) firms are typically centralized, which means that only a few people make investment decisions. A...
India's Enforcement Directorate (ED) has reportedly frozen the assets of a crypto exchange, Vauld, which are worth over $46.5 million or Rs 370 crore (3.70 billion rupees) Vauld joined the league of exchanges that had halted withdrawals and...
Mark Cuban, a billionaire with investments in multiple ventures, is being sued by investors of the embattled crypto loan platform, Voyager Digital. The lawsuit was filed at the US District Court in Southern Florida by the Moskowitz Law...
Conventional blockchains are intended to enable developers to create decentralized apps and deploy smart contracts on the network. Most traditional blockchains may not allow developers to build their blockchains on the network. This means that if a company...
The U.S. Labor Department recently published the latest Consumer Price Index summary that discloses that the cumulative inflation rate in the United States for the past twelve months has reduced, in contrast to the 40-year high record that...
Coinbase, a popular cryptocurrency exchange, has published its financial statement for the second quarter of 2022, revealing a $1.1 billion loss. The crypto exchange attributes the company's poor financial results to the current state of the crypto markets. ...
Last week, assets worth $190 million were stolen from Nomad Bridge, a cross-chain interoperability protocol, in what many referred to as "the first decentralized theft." Several stablecoins, including USDT, USDC, and Frax, were withdrawn from the bridge during...
