Central Bank of Zimbabwe Introducing Gold-Backed Digital Currency
The Zimbabwean apex bank plans to launch a gold-backed digital currency which will become the country's legal tender. The government decision was triggered by the...
DeFi platform FilDA suffers $700K exploit on Elastos Smart Chain and REI Network
Key Insights: PeckShield disclosed a significant exploit on the DeFi platform FilDA, resulting in a loss of around $700,000. The attackers used a bridging mechanism...
Fantom Founder Working on Crypto Payment Infrastructure, Closed Beta Launched
Key Insights: Andre Cronje, the co-founder of Fantom blockchain, is developing a new crypto payment infrastructure project, which has entered the closed beta testing phase....
Trust Wallet Refunding Victims of the $170000 Security Exploit
The team behind the Trust Wallet has completed resolving WebAssembly (WASM) system vulnerability that affected the software attached to the main wallet. The unnoticed system...
OceanFX Review, oceanfx.io – Is Ocean FX Broker Scam Or Legitimate?
OceanFX Review In the recent years, a great decline has been witnessed in most of the online trading service providers’ operational standards. Their practices have...
Binance CEO CZ Commits to Comply with New EU Crypto Regulations
Key Insights: Binance is willing to comply with new EU crypto regulations but needs 12-18 months for full compliance. The European Parliament passed new crypto...
Gemini Pursuing Indian Market to Establish Engineering Centre
The Winklevoss brothers' crypto exchange Gemini plans to establish an engineering centre in Northern India. The proposed architect for the hub would be the second...
Space and Time partners with Microsoft to offer real-time blockchain data on Azure Marketplace
Key Insights: Space and Time partners with Microsoft to provide one-click deployment of the decentralized data warehouse. Azure marketplace tools will enhance blockchain facilities without...
Bank of England Completes CBDC’s Distributed Ledger Technology Pilot Testing
The Bank of England (BoE), in collaboration with the London-based Bank for International Settlements (BIS), has completed experimenting with central bank digital currency (CBDC). The...
SEC Chair Gary Gensler Fails to Mention Ether as Security
On April 18, the U.S. Securities and Exchange Commission (SEC) Chairperson Gary Gensler failed to mention the classification of Ether (ETH) as a security. In...