DeFi platform DeltaPrime has reportedly suffered another major security breach, with hackers draining $4.75 million in tokens from its liquidity pools on the Arbitrum and Avalanche networks. According to blockchain forensic platform PeckShield, the attacker exploited a vulnerability in...
In its ongoing attempt to recover assets amid its bankruptcy proceedings, the FTX bankruptcy estate has launched a $1.8 billion lawsuit against Binance and its former CEO, Changpeng “CZ” Zhao. In a filing on November 10, the complaint accuses...
Bitcoin is poised to gain unprecedented political significance in the U.S. following Republican victories in the recent elections, according to the New York Digital Investment Group (NYDIG). In a report published on November 11, Greg Cipolaro, NYDIG's global head...
ENS Labs, the developer behind the Ethereum Name Service (ENS), has announced plans to launch "Namechain," a specialized Layer 2 solution aimed at improving blockchain identity. Revealed at the "frENSday" conference in Bangkok on November 11, the solution aims...
ARK Invest CEO Cathie Wood is the latest industry stakeholder to express optimism about a potential shift in the United States regulatory landscape following the recent election, which she believes will unlock new growth in emerging technologies. In a...
Alameda Research, the hedge fund subsidiary of the bankrupt crypto exchange FTX, has filed a lawsuit against Sasha Ivanov, the founder of the Waves blockchain. The suit, filed on November 10, seeks to recover $90 million worth of cryptocurrency...
The DeFi protocol Sky team’s proposal to revert to its former brand name, Maker, was blocked by a small group of token “whales” in a governance vote on November 8. The proposal sought to reintroduce the Maker brand with...
South Korean crypto exchange Korbit has partnered with Coinbase to expand local users’ access to the latter’s Layer 2 blockchain, Base. As reported by Business Korea on November 8, the partnership will allow Korbit users to make direct deposits...
Deutsche Bundesbank, Germany's central bank, has officially joined Singapore's Project Guardian, a collaborative initiative aimed at advancing financial markets through asset tokenization. In a press release published on November 8, the central bank announced the move, stating that its...
The residents of the U.S. city of Detroit will soon be able to pay taxes and other city fees using cryptocurrency, as the city’s Treasury Department plans to introduce crypto payment options by mid-2025. On November 7, the Department...
