NFT Investor Loses Millions of Dollars Following Cybersecurity Breach
One NFT investor recently reported a cybersecurity incident. The breached P2P NFT trading platform reported losing around $3 million in NFT reserves. As per the...
Gensler Attributes Grayscale Ruling Prompted SEC’s Soft Stance on Bitcoin ETFs
The head of the US Securities and Exchange Commission (SEC) has hinted at softening the stance on Bitcoin exchange-traded funds. Gary Gensler signaled a softening...
Taiwan Opens Inquiry into Cryptocurrency Betting on Election Results
Taiwanese authorities have captured participants who were placing bets regarding the outcome of upcoming presidential elections. The officials intercepted a DeFi betting platform called Polymarket....
Native Bitcoin Staking on Solana and Ethereum a Reality
Babylon, a crypto startup, claims it has created a means to stake Bitcoin on any proof-of-stake blockchain. Some crucial truths control accepted thinking regarding blockchain....
Ripple Publishes White Paper on CBDCs and Their Utility
Central Bank Digital Currencies (CBDCs) are digitized forms of legal tender or fiat currencies. CBDCs are usually issued and controlled by Central Banks as a...
KuCoin Exits New York in $22M Settlement, Avoids Considering Ethereum Security
KuCoin, a crypto exchange, will refund $16.7M to users and will owe the Office of the Attorney General an additional $5.3M. KuCoin, a Seychelles-founded crypto...
Rainbow Wallet Hints Airdroping on Ethereum, to Lure MetaMask Users
Rainbow Wallet is engaging in a fox hunt to win over MetaMask users by teasing airdrop on the Ethereum network. The Ethereum-based wallet Rainbow revealed...
Coinbase to Launch Spot Crypto Trading Services for International Clients
Coinbase, the biggest exchange based in the United States has now introduced Bitcoin and Ethereum trading services for USD Coin. The firm has been working...
US Internal Revenue Service Hails Win Against Fraudulent Crypto Schemes
The US criminal investigation unit of the Internal Revenue Service (IRS) has, in its annual report card, hailed triumph over fraudulent tax schemes. The IRS...
New Report Reveals Crypto Hacking Losses Reduce by 50% in 2023
TRM Labs, a blockchain intelligence enterprise recently reported a decline in hack attacks. The report indicates that during 2023 crypto losses taking place from hack...