Author: Tony Pearce
Upbit Suspends CRV Deposits and Withdrawals
Reading Time: < 1 minuteUpbit has suspended deposits and withdrawals for Curve Finance’s token, CRV, after a reentrancy vulnerability was identified in some of its associated stablecoin pools.
Hacker Steals $47M from Curve Finance
Reading Time: < 1 minuteA person using an exploit in the Vyper program code was able to breach on July 30 DEX Curve Finance’ stablecoin pools, resulting in a withdrawal of approximately $47 million.
Germany Opens Investigation into Worldcoin
Reading Time: < 1 minuteBayLDA, the Bavarian State Data Protection Supervisory Authority, has been investigating the activities of Sam Altman’s Worldcoin project regarding the collection of biometric information since the end of 2022.
User Moves 641 ETH Bought 8 Years Ago
Reading Time: < 1 minuteAn Ethereum Initial Coin Offering (ICO) address has moved 641 ETH for the first time in eight years, worth about $1.2 million.
Trustee Plus Rolls Out a Payment Crypto Card
Reading Time: < 1 minuteOn August 1, Trustee Plus, a Ukrainian cryptocurrency neobank, began offering payment cards through Mastercard, which allow users to pay for purchases with digital assets at retailers. This card is […]
Coinbase Announces Plans to Buy Back Part of $1B Bonds
Reading Time: < 1 minuteCoinbase is looking to repurchase a portion of its $1 billion bonds from investors at a premium.
Australian Bendigo Bank Restricts Transfers to Crypto Exchanges
Reading Time: < 1 minuteBendigo Bank, one of the largest banks in Australia, has announced it will be blocking “high-risk crypto payments” in order to protect customers against potential fraud.
Genesis Digital Assets Launches Three Data Centers
Reading Time: < 1 minuteGenesis Digital Assets (GDA) has recently opened three new data centers in southeast South Carolina to mine the leading cryptocurrency. The intention of the company is to take advantage of […]
Blockchain Companies Will Have to Disclose Information on Hacks to SEC
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has recently adopted new rules that require crypto companies to disclose information about major cybersecurity incidents.
Number of Active Addresses on Binance Chain Grows by 26%
Reading Time: < 1 minuteIn May, the Binance Chain network experienced an escalated level of daily transactions – exceeding 4.8 million – which marked a yearly high.
Nigeria Says Binance’s Activities Are Illegal
Reading Time: < 1 minuteThe Nigerian Securities and Exchange Commission (SEC) has issued a warning to the Binance cryptocurrency exchange, stating that it is operating illegally in the country.
Cryptocurrency Broker Bity Sues FINMA in Switzerland
Reading Time: < 1 minuteBity, a crypto brokerage company, has initiated a fundraiser to cover the legal costs of suing the Swiss Financial Market Supervisory Authority (FINMA).
France’s Regulator Questions Legality of Worldcoin Collecting Biometrics
Reading Time: < 1 minuteThe Worldcoin project of ChatGPT founder Sam Altman, which involves the collection of biometric data, has been met with doubt over its legality.
A Crypto User Loses His Bitcoins Due to Key Generator
Reading Time: < 1 minuteR/jdmcnair experienced the theft of $3,000 in Bitcoin from a paper wallet, which had been generated with the key generator service walletgenerator.net.
Eco Protocol Launches Beam Wallet for Optimism and Base Networks
Reading Time: < 1 minuteThe team of DeFi project Eco Protocol has unveiled the Beam crypto wallet for payments on the Ethereum L2 networks – Optimism and Base from Coinbase.
Pakistan Will Test the Digital Rupee in Coming Months
Reading Time: < 1 minuteThe Central Bank of Pakistan recently declared their intention to legalize digital currency transactions by 2025, and concurrently announced the launch of a central bank digital currency (CBDC).
Bitcoin Could Reach $180,000 Before 2024’s Halving: Fundstrat
Reading Time: < 1 minuteFundstrat analysts forecast that before the halving in April 2024, Bitcoin’s price may soar to $180,000.
US Congress Might Criminalize CBDC Issuance
Reading Time: < 1 minuteOhio Republican Warren Davidson, US Representative for the House of Representatives, has recently called on Congress to ban, then criminalize, any attempts to design, build, refine, test, or launch a Central Bank Digital Currency (CBDC).
800,000 Blocks Have Been Mined in the Bitcoin Network
Reading Time: < 1 minuteThe Bitcoin network yesterday reached a milestone with 800,000 blocks left until the halving. Dylan Leclerc reported that 3,721 transactions were included in the 1.64 MB block for $29,815.
Whales Buy Litecoin After Coin’s Price Falls Below $100
Reading Time: < 1 minuteA bullish trend in Litecoin (LTC) had strengthened in July, with its price reaching as high as $112 – the highest since April 2022.
Crypto Exchange FTX Wants to Receive a $71M Refund from Charities
Reading Time: < 1 minuteThe FTX Foundation, a charitable arm of the group of companies, and Latona, a fictitious non-profit organization registered in the Bahamas, were a target of litigation by the crypto exchange.
Binance Labs Puts $10M into Radiant Capital
Reading Time: < 1 minuteBinance Ventures Capital has injected $10M into Radiant Capital’s Lending Protocol.
Number of Employees in Blockchain Industry Increases by 160% in 4 Years
Reading Time: < 1 minuteBy the mid-2023, the total number of employees in the blockchain industry has nearly doubled since 2019, reaching close to 190,000, according to K33 Research.
Monerium and Safe Team Up to Develop On-chain Payments in EUR
Reading Time: < 1 minuteSafe and Monerium have partnered to promote both off-chain and on-chain payments in euros using Monerium’s EURe stablecoin, integrated into Safe’s Web3 accounts.
Uniswap Labs Launches its Liquidity Aggregator UniswapX
Reading Time: < 1 minuteUniswap Labs has recently launched UniswapX, its open-source liquidity aggregation protocol in beta mode on Ethereum.
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