The National Intelligence Service (NIS) of South Korea is currently collaborating with cryptocurrency exchanges to share information regarding potential threats to their operations. The NIS decided to offer its assistance because of the increased threats that major crypto trading...
According to the Financial Times on March 6th, Meta Platforms Inc. has formulated plans to incorporate virtual currencies, tokens, and lending services into its applications, intending to use such virtual tokens to reward creators as well as for lending...
The Central Bank of Nigeria (CBN) is the country's apex bank and financial sector watchdog. In the course of its routine surveillance, the CBN discovered that some banks, including Access Bank, Fidelity Bank, United Bank of Africa, and Stanbic...
The Singapore parliament recently passed a law - the Financial Services and Markets Bill- that dictates the process overseas-only crypto companies must undertake before they are allowed to offer services within the country. According to the law that was...
The United Kingdom's Treasury Minister has tasked the Royal Mint with developing an NFT as "an icon of Her Majesty's Treasury's forward-thinking approach" to cryptocurrencies and blockchains. The initiative was announced in a speech by John Glen, the Economic...
The government of the United Kingdom has joined the ranks of governments that are actively implementing steps to make their territory more conducive to crypto-related activities. One of its recent activities has focused on lending credibility to the use...
Coinbase Ventures, Coinbase's investment subsidiary, has announced plans to host a pitch event in which it plans to invest $1 million in multiple Indian-based cryptocurrency and Web3 platforms. Brian Armstrong, the CEO of Coinbase, published a blog post stating...
The leading Solana-based Play-to-Earn (P2E) gaming ecosystem, SolChicks, has launched a mini-game called Dungeon Escape. Dungeon Escape promises exhilarating gameplay as players navigate through the terrain collecting treasures and avoiding deadly traps that could knock them back a level...
Ola Finance, a decentralized lending platform, lost $3.6 million in cryptocurrencies to a hacker who utilized a Re-Entrancy attack to drain funds from the protocol. PeckShield, a notable blockchain security company, investigated the attack and concluded that the hacker...
The Ronin network, which focuses on gaming, reported a loss of more than $625 million in USDC and ether (ETH). According to the Ronin network's official Substack, the attack targeted Ronin validator nodes for Sky Mavis, the creators of...
