Conic Finance, a DeFi protocol managed by Curve DEX, has suffered a significant exploit resulting in a hacker making away with 1700 ETH, valued at more than $3.2 million. Security experts from BlockSec revealed that the attacker exploited a...
Utopia Labs is revolutionizing cryptocurrency payments for businesses with the introduction of its groundbreaking service, USDC stablecoin bank transfers. This solution enables companies worldwide to seamlessly transfer USDC to any U.S. bank account, addresses a significant hurdle in the...
The Vermont Department of Financial Regulation (DFR) has issued a warning to residents in the State about the increasing prevalence of cryptocurrency fraud on social media platforms. In a recently released report, the agency highlighted the urgent for caution...
The United States Department of Justice (DoJ)has announced a major restructuring initiative aimed at enhancing its ability to handle the surging caseload within its Criminal Division. Principal Deputy Assistant Attorney General Nicole M. Argentieri revealed this during her speech...
Former FTX CEO, Sam Bankman-Fried, is now facing additional charges from the US Department of Justice (DoJ) over alleged involvement in leaking Caroline Ellison's private diary to The New York Times. The newspaper published an article on July 20,...
During a conference in Singapore on July 19, 2023, Yi Gang, the governor of the People's Bank of China, revealed that the Chinese central bank digital currency (CBDC) had facilitated transactions amounting to 1.8 trillion yuan, equivalent to over...
Kuwait has adopted a stricter stance on virtual assets and cryptocurrencies. The Capital Markets Authority (CMA), the country's primary financial regulator, issued a circular on July 18, 2023, outlining comprehensive regulations for virtual assets in the country. The new...
SG Forge, the cryptocurrency division of Société Générale, has achieved a significant milestone by becoming the first company in France to obtain the highest access licence for offering crypto services within the country. The licence, known as 'Prestataire de...
The Bank of the Future (BF) has determined that should the prices of Bitcoin (BTC) and Ether (ETH) double from their present values, Celsius will be fully capable of repaying all its outstanding claims while retaining its other assets....
Argo Blockchain has successfully raised £5.75 million (approximately $7.5 million) through a share offering that saw strong demand from institutional and retail investors. The London-based crypto mining company sold 51,340,000 new ordinary shares to institutional investors at a price...
