According to Hedera, the company behind the distributed ledger Hedera Hashgraph, a smart contract attack on the Hedera mainnet resulted in the loss of several liquidity pool tokens. Hedera announced in a tweet that the attacker focused on liquidity...
In response to concerns about unregulated stablecoins, the U.S. Federal Reserve plans to create a team of specialists to track developments in the cryptocurrency industry. Michael Barr, Vice Chair for Supervision at the agency, announced the plan during a...
Gate Group, a cryptocurrency industry pioneer best known for its crypto exchange Gate.io, has announced plans to launch the Gate Visa debit card. The main objective of this move is to simplify cryptocurrency transactions for users in real-world transactions....
Mt. Gox crypto exchange has extended the deadline for creditors to register claims by one month. According to a notice released by the exchange, the deadline has been moved from March 10 to April 6 to give creditors more...
According to court documents filed on Wednesday, March 8, 2023, Alameda Research, the investment branch of FTX, has reportedly signed an agreement to sell its equity in Sequoia Capital to Abu Dhabi's sovereign wealth fund for $45 million. This...
Six executives of AirBit Club, a fake cryptocurrency mining and trading business, have confessed to participating in a crypto Ponzi scheme that generated around $100 million in five years. The executives, including co-founder Pablo Renato Rodriguez, have been charged...
On March 9, 2023, the Biden administration will release its fiscal 2024 budget proposal. The proposal aims to reduce the federal budget deficit by $3 trillion over the next decade and includes plans to modify how cryptocurrency is taxed,...
Scott Chamberlain, a co-founder of Evernode XRP and a former attorney, has commented on the recent court hearing regarding the ongoing case between Ripple and the U.S. Securities and Exchange Commission (SEC). Chamberlain stated that neither side has an...
The Indian government has recently reminded parties involved in cryptocurrency transactions of their obligation to comply with the local Anti-Money Laundering (AML) legislations. In an announcement published in The Gazette of India on March 7, the Ministry of Finance...
The Russian Association of Crypto Industry and Blockchain (RACIB), a group of cryptocurrency and blockchain enthusiasts in Russia, has written an open letter to President Vladimir Putin urging him to address the risks associated with neglecting the global growth...
