The market capitalization of stablecoins experienced growth in October after several consecutive monthly declines. In October, the stablecoin capitalization increased by USD 608 million, equivalent to IDR 9.4 trillion (assuming an exchange rate of IDR 15,623 per US dollar). According to Bitcoin.com on Wednesday (11/8/2023), as of the closing on September 30, 2023, the market […]
Binance, the world’s largest cryptocurrency exchange, has become the first fully licensed crypto exchange in El Salvador. In a Tuesday announcement, the company said it has been granted a Bitcoin Services Provider license (BSP) by the Central Reserve Bank (Banco Central de Reserva) and the first non-provisional Digital Assets Services Provider license (DASP) by the National Commission […]
Prominent advocate of digital assets and legal representative for XRP holders, John Deaton, has sounded an alarm about a potential scam involving Ripple on the social media platform X (formerly known as Twitter). In a recent announcement, Deaton issued a warning to the XRP community, urging them to exercise caution against misleading tweets that promise […]
The cybersecurity division of Blackberry, a former smartphone giant, has highlighted the most notorious malware families targeting cryptocurrencies. In a ‘Global Threat Intelligence Report’ published Thursday, between March and May, Blackberry stopped over 1.5 million cyberattacks, that hit the finance, healthcare and government sectors hard. “During this reporting period, BlackBerry telemetry observed a continuous trend […]
The United States Bankruptcy Court for the Southern District of New York has allowed Celsius debtors to trade their altcoins for Bitcoin and Ether starting today. The order issued by the bankruptcy judge Martin Glenn on 30th June will also help the distribution of the funds to creditors in the near future. The proposal to sell and […]
Binance Labs and CoinFund have co-led a $10 million funding round for Neutron, a cross-chain smart contract platform focused on interchain security within the Cosmos ecosystem. Binance Labs, the investment arm of leading cryptocurrency exchange Binance, took the lead in the funding round, Binance said in a Wednesday blog post. Cryptonative investment firm CoinFund co-led the funding. Delphi Ventures, LongHash, and Nomad also participated in the round. […]
Phishing attacks in the world of non-fungible tokens (NFTs) have taken a concerning turn as school children allegedly steal millions of dollars’ worth of NFTs to splurge on coveted Roblox skins. The new and disturbing trend was highlighted by The Block in an article this weekend, which said a growing number of exploits using compromised Discord servers […]
Do Kwon, the Terraform Labs founder and CEO, has told a Montenegro court that he did not know the “fake” travel documents he was allegedly trying to leave the country with were forged – and blamed a “Chinese-named agency.” Per the South Korean media outlets Segye Ilbo and MBN, Kwon told a District Court in Podgorica, Montenegro, that he had received all […]
Crypto fraud accusations against Binance and its CEO Changpeng “CZ” Zhao are casting a shadow over the reputation of the industry giant. Prominent market commentators, among them analyst Dylan LeClair and Swan Bitcoin CEO Cory Klippsten, have implied that Binance could be guilty of underhanded market dealings to inflate the value of its native token, […]
The Belgian arm of the French fast food chain Black & White Burger has announced that all its stores in the nation will accept crypto payments. Per the media outlets L’Echo and L’Avenir, the chain also says it has created a “mystery burger,” which will only be made available to customers paying in crypto. The chain has partnered with a French […]