Monthly Archives: May, 2023

$500M Vulnerability Found in Tron Multisig Accounts by Security Firm

Tron multisig accounts have a zero-day vulnerability that allows an attacker to sidestep the multisignature system and sign transactions with a single signature, according...

Sui is Expecting Significant Token Unlocks Totaling $650 Million

This week, the token unlocks scheduled for the cryptocurrency networks Optimism and Sui will dramatically increase each of their circulating token supplies. Layer 2 network...

US Debt Ceiling Prevents 30% Bitcoin Mining Tax

As the details of the agreement between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling became public on Sunday,...

Russia Abandons Plans for a State-run Cryptocurrency Exchange

According to a report published on Sunday by a Russian news outlet, Russian legislators have decided to abandon plans to establish a state-owned cryptocurrency...

Invite Your Friends to ProEX and Earn Up to 15000 USDT and POMG

ProEX has recently announced their annual invite your friends season, which lasts from 22nd May to 17th June, whereby for every friend that you invite...

Temasek Has Reduced the Pay of the Employees at Fault for Its Failed Investment in FTX

Temasek, a Singaporean sovereign wealth fund that administers assets worth approximately $300 billion, has reduced the compensation of employees involved in its FTX investment,...

Huobi HK Offers Cryptocurrency Trading in Hong Kong to Institutional and Retail Customers

Huobi HK is now offering cryptocurrency spot trading to retail and institutional clients in Hong Kong, having applied for a license to operate as...

In Kazakhstan, Bybit Receives “In-principle” Clearance to Launch Operations

Bybit has said that it has obtained "in-principle" clearance from the Astana Financial Services Authority (AFSA) to begin conducting business in Kazakhstan as a...

Nearly 10 Million People Currently Own Reddit NFTs

Reddit, a social media platform, introduced its customized collection in July 2022, and it quickly gained popularity. There are 9,947,410 owners of Reddit non-fungible tokens...

Biden Reach Tentative US Debt Ceiling Deal

President Joe Biden and Republican congressional leader Kevin McCarthy reached a tentative agreement to suspend the federal government's $31.4 trillion debt ceiling, resolving a...

Nigerian Cryptocurrency Exchange Suspends Withdrawals Following BTC and Naira Compromise

Patricia, a Nigerian platform for trading gift cards and cryptocurrencies, has experienced a security violation, necessitating immediate measures to protect its users. As a...

Jimbos Protocol Was Exploited for $7.5 Million

Version 2 of the Jimbos Protocol crypto project was exploited for 4,090 ETH ($7.5 million) just three days after its release. According to crypto analysts...

Former Bitmex CEO Predicts on Bitcoin Rally

Former Bitmex CEO Arthur Hayes, who now heads a family office called Maelstrom, does not expect bitcoin to reach new highs this year, but...

CEO of Binance Responds to China’s Publication of Web 3.0 White Paper Amid Hong Kong Cryptocurrency Push

Changpeng "CZ" Zhao, CEO of Binance, responded on Saturday to China's publication of a white paper on Web 3.0 innovation and development. The timing...

Tornado Cash DAO Accepts the Attacker’s Request to Regain Control

Following an unexpected proposal from the person who assaulted the protocol, Tornado Cash governance token holders are prepared to regain control over its operations. On...

Binance Joint Venture Awarded Licenses to Operate a Regulated Exchange in Thailand

Gulf Binance, a joint venture between Binance and Gulf Innova, has obtained licenses from Thailand's Ministry of Finance in order to become an SEC-regulated...