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 Several stablecoins, including USDT, USDC, and Frax, were withdrawn from the bridge during the...
The cryptocurrency exchange ZB Exchange has suspended withdrawals. This is due to an alleged hack on Tuesday that drained nearly $5 million worth of tokens from the company's hot wallet. The multimillion-dollar loss is the latest in a series...
Vitalik Buterin, co-founder of Ethereum, has stated that when a Layer 2 scaling option such as the rollup is used to increase scalability and reduce transaction costs, crypto payments will notice a significant improvement. According to reports, Buterin made...
Binance, a well-known cryptocurrency exchange, has partnered with payment solutions company Mastercard to create a crypto prepaid card for residents of Argentina. The crypto prepaid card is currently in beta testing and will be available to the public soon. ...
Coinbase stock soared on Thursday after the cryptocurrency exchange announced a partnership with BlackRock that will allow its institutional clients to engage in cryptocurrency transactions. The shares rose by as much as 40% earlier on Thursday. With over $8...
Galoy, the company that created the open-source banking architecture on which El Salvador's Bitcoin Beach Wallet is based, has announced plans to launch Stablesats, a Bitcoin-backed synthetic dollar product. Stablesats is an open-source system designed to be a viable...
The Nomad cross-chain bridge was hacked on Monday, August 1, but some hackers have returned almost $16.6 million of the stolen assets at the time of writing. During the two-hour attack, Nomad's holdings fell by 99%, from $190.7 million...
A hacker has drained over 8,00 Solana wallets of nearly $6 million (£4.9 million) in assets. The news of this negative event echoed throughout the crypto space, sparking different speculations and reports on the root cause of the attack. ...
Oxford City Football Club, a football club in the United Kingdom, has joined the ranks of sports teams that are adopting cryptocurrencies in different capacities. The National League's football club intends to accept BTC as one of its payment...
Residents of Santa Lucia, a town in Honduras, are trying to attract crypto investors to tour the region through its Bitcoin Valley initiative. As part of this program, some residents are accepting Bitcoin as a means of payment for...
