Tag: cryptocurrency

Hong Kong-based First Digital Launches a USD Stablecoin

First Digital, a qualified custodian and trust corporation based in Hong Kong, is launching a new stablecoin pegged to the U.S. dollar and regulated...

Circle Has Announced It Will Deploy USDC Natively on Arbitrum

Circle, a stablecoin issuer, announced on Thursday that it will launch USDC natively on Arbitrum, making it the official version in the Layer 2...

The European Union Adopts New Crypto Regulations Officially

On May 31, 2023, the EU formally signed the historic Markets in Crypto Assets (MiCA) into law after months of talks and negotiations. A...

Hackers Post Phony Airdrops to Orbiter Finance’s Discord Channel

Decentralized cross-rollup layer-2 bridge Orbiter Finance is the most recent blockchain system that hackers have targeted. In the early hours of June 1, the blockchain...

Twitter is the Target of a 45 Million-user Cryptocurrency App’s New Social Media Platform

Despite the fact that toxicity on social media is frequently on plain display, billions of people still utilize it. One cryptocurrency firm hopes to...

$500 Million Was at Risk Due to a Tron Vulnerability, Has Now Been ‘Resolved’

According to 0d, the cybersecurity research team at dWallet Labs that discovered the hole, the Tron blockchain network had a severe flaw that put...

Market Analysis for SHIB June 2023

In early May of 2023, Shiba Inu added an additional 'zero' to its price. In the past 50 trading days, SHIB's performance relative to...

Bybit Joins Binance in Leaving the Canadian Market

Bybit is the latest cryptocurrency exchange to leave the Canadian market, following in the footsteps of Binance due to regulatory developments. "Bybit has made the...

Nansen Reduces Staff by 30%

In response to what CEO Alex Svanevik termed a "brutal" year for crypto markets, Blockchain data platform Nansen has laid off 30% of its...

China’s Police Detain a Team From Trust Reserve

According to PANews, the core staff of Trust Reserve (formerly CNHC Group), which issues two stable coins, was detained by Chinese police on May...

$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,...