Recently, AscendEX, a crypto trading platform lost $ 77.7 million to hackers gaining access to its hot wallet like Polygon, BSC, and Ethereum getting compromised during the hack. AscendEX, after the hack, told its users that the hackers only...
Yesterday, users of the highly scalable blockchain, Solana, began to notice some issues on the Layer 1 platform, which left many wondering about its cause. It was not a hack attack from faceless interlopers as might have been initially...
Mayor of Miami, Francis Suarez has been a fan of Bitcoin for a while, and that is evident in his decision to receive part of his 401k payment as Bitcoin (BTC). Suarez is one of the first mayors to...
The Reserve Bank of Australia (RBA) recently published a report on the research on its wholesale Central Bank Digital Currencies (CBDC) project. The report stated the benefits that the project which is based on Distributed Ledger (DLT) technology will...
On December 7, 2021, the Eastern Caribbean Central Bank (ECCB) started the operation of its digital payments system in two additional regions, the British overseas territory of Montserrat and the Commonwealth of Dominica. In March 2021, the ECCB in...
William Burns, the director of the Central Intelligence Agency has announced that the previous administration of the agency was involved in analyzing cryptocurrency and its activities. They collected intelligence on the activities in the field. During an interview with...
The paramount bank and regulatory authority in Thailand, The Bank of Thailand, has banned commercial banks in the country from getting involved in crypto activities, especially trading crypto assets. Chayawadee Chai-Anant, the central bank chief executive, released an edict...
Bitmart, a crypto exchange, lost over $200 million to unauthorized access to its hot wallet that was hosted on BSC and Ethereum. A notable blockchain data analytics organization, Peckshield announced the hack when it pinpointed a transfer of over...
The CEO of Binance, Changpeng Zhao, has stated that the popular crypto exchange is nursing plans to expand into the region within some months, despite the UK's authorities preventing them from doing this earlier in the year. In June...
Recently, the ENS-Ethereum Name Service created a Decentralized Autonomous Organization(DAO) that will govern the ENS community. Two ENS delegates, Gregory Rocco and Victor Zhang, had thoughts about the ENS DAO's creation. Gregory Rocco is the co-founder of a decentralized...
