Global web3 technology company OKX has launched its crypto exchange and Web3 wallet platform in Brazil, aiming to provide Brazilian users with a secure gateway to decentralized finance (DeFi) and crypto trading. The move comes as the South American nation continues to make significant progress in crypto adoption and cements itself as one of the […]
Inferno Drainer, one of the most popular crypto wallet-draining kits available for hire, says it’s shutting down after helping phishing scammers steal almost $70m worth of crypto this year. The team behind Inferno Drainer said in a Nov. 26 Telegram post that it was “time for us to move on.” They said they would not […]
In a recent statement, Governor Gavin Newsom of California emphasized the crucial need for citizens to adapt to the rapidly evolving landscape of generative artificial intelligence (GenAI). The governor emphasized the urgency for people to formulate new skills and familiarize themselves with emerging technologies. A comprehensive report supporting California citizens’ involvement in learning tailored training […]
The Binance settlement, according to adjunct professor Omid Malekan of Columbia Business School, demonstrates the unclear handling of banks and cryptocurrency companies. The United States’ crackdown on cryptocurrency businesses has sparked disagreement, and developments related to Binance have sparked significant debate about the future of cryptocurrency regulation. Omid Malekan, an adjunct professor at CBS and […]
BitMEX co-founder Arthur Hayes has shared his insights concerning a potential Bitcoin (BTC) rally on platform X. Alongside a chart depicting changes in net Reverse Repurchase Agreements (RRP) and Treasury General Account (TGA) balances, Hayes specifically referred to US Treasury Secretary Janet Yellen as “Bad Gurl Yellen.” In his statement, Hayes advised fellow Bitcoin enthusiasts […]
Tether and Bitfinex stated in a transparency-driven decision that they will not appeal the Freedom of Information Law request made by several media. They made this choice to uphold transparency, as mentioned in their statement. Furthermore, Tether and Bitfinex have agreed to withdraw the original opposition to a Freedom of Information Law (FOIL) request filed […]
On the 24th of November, the UK government leaped, accepting the use of blockchain platforms for fund tokenization by authorizing specific funds. This is a proactive measure by the government that portrays its interest in promoting innovations in finance. The groundbreaking proposal, greenlighted officially by the UK government, empowers authorized funds to adopt tokenization in […]
The decentralized exchange KyberSwap has offered a 10% bounty to the hacker who stole $46 million on November 22. This move comes in response to a message left on the blockchain by the hacker. KyberSwap alerted users on Nov. 23 that its liquidity solution, KyberSwap Elastic, was compromised and urged them to withdraw funds. The […]
In Australia Securities and Investments Commission (ASIC) is intensifying its scrutiny of the cryptocurrency market, issuing fresh warnings ahead of upcoming government regulations. ASIC has raised concerns about the risks associated with cryptocurrencies, labeling them as “created out of nothing.” Last year, ASIC Chair Joseph Longo cautioned investors against going all-in on cryptocurrencies due to […]