South Korean authorities have identified North Korean hacker groups Lazarus and Andariel as responsible for the $50 million Upbit cryptocurrency hack in 2019. The stolen Ethereum, initially worth 58 billion won, has surged to around 1.47 trillion won due...
A cryptocurrency investor has successfully recovered $129 million in USDT hours after mistakenly sending the funds to a phishing address on the TRON blockchain. The incident, reported by blockchain security platform Scam Sniffer, began when the investor accidentally transferred...
Cyberport, an innovation hub backed by the Hong Kong government, now hosts more than 270 blockchain-related companies, reflecting the rapid growth in the region's Web3 and crypto sectors. In just 16 months, the hub added over 120 new firms,...
Japan's Prime Minister Shigeru Ishiba has pledged to incorporate tax cut proposals from the opposition Democratic Party for the People (DPP) into the government's upcoming economic stimulus package. This initiative includes measures targeting gasoline and cryptocurrency taxes, as reported...
DeFi protocol Sky, formerly Maker, has launched its stablecoin, USDS, on the Solana blockchain. Announced on November 19, the rollout establishes USDS as Solana's first major DeFi-native stablecoin, broadening opportunities for lending, borrowing, and trading within the ecosystem. Sky...
Analysts at Singapore-based trading firm QCP Capital predict that the introduction of Bitcoin ETF options on Nasdaq by BlackRock’s iShares Bitcoin Trust could significantly boost institutional participation in the cryptocurrency market. The ETF options began trading on Tuesday, November...
Singapore-based edutech company Genius Group has launched its podcast, which it claims would address the lack of framework for adopting a Bitcoin first strategy, today, November 19. The podcast featured a live discussion on the future of Bitcoin and...
CoinGecko, the cryptocurrency data aggregator, has refuted claims that it had listed a token with a racist and offensive name. The platform responded in an X post on November 19, calling the screenshots of the alleged listing circulating on...
Miles Jennings, general counsel and head of decentralization at a16z Crypto, has warned of significant implications for decentralized governance following a recent U.S. court decision in a case involving the decentralized autonomous organizations (DAO) governing Ethereum's largest staking platform,...
Binance has clarified that its new high-yield asset, BFUSD, is not a stablecoin and has yet to be launched. BFUSD is not yet launched. To be clear, it is not a stablecoin but a reward-bearing margin asset for futures...
