Over $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.
JoyRadiant Capital, a DeFi lending platform, was hit by a cyberattack, losing over $50 million in USDC, WBNB, and ETH on BSC and Arbitrum. Hackers took control of its Pool Provider contract, redirecting ownership to a malicious contract. Radiant has halted lending and urged users to revoke smart contract permissions.
KikyoStripe's Pay with Crypto is the first to use Paxos' new stablecoin payments platform, enabling instant conversions between various stablecoins. Will this launch boost stablecoin adoption in the payments industry?
CatherinePolymarket users have reported their wallets being drained after logging in with Google accounts, though those using MetaMask or TrustWallet extensions were unaffected. Polymarket claims the issue is isolated, but affected users remain concerned.
CatherineTrueX, a new cryptocurrency exchange will launch, using PayPal's stablecoin as its form of settlement. The crypto platform was unveiled yesterday.
XingChiCircle and Sony Block Solutions Labs are partnering to make USDC the primary transaction token on the new Soneium blockchain. This collaboration aims to enhance digital transactions and create innovative opportunities in the Web3 space, with Soneium set to launch its mainnet in 2025.
WeatherlyCircle CEO Jeremy Allaire announced that tap-and-go USDC payments on iPhones will soon be possible, following Apple's decision to open its secure payment chips to third-party developers, a move that could significantly enhance the use of blockchain technology on Apple devices.
Cheng YuanOver a million viewers joined Donald Trump and Elon Musk’s delayed X Spaces interview, which Musk attributed to a “massive DDoS attack.” Was the delay genuinely due to a DDoS attack, or did Musk fabricate the reason?
KikyoCircle’s EURC stablecoin is now live on Base, an Ethereum Layer 2 network, offering faster and cheaper euro transactions. With support from major industry players and a proven track record of USDC’s success on Base, EURC is set to enhance liquidity and global financial accessibility.
Anais
WenJunETH has never had a stable token economic model, let alone a "hundred-year plan" with a strict, concise, and elegant issuance formula like BTC.
JinseFinanceThe new zero-knowledge Layer 2 blockchain is the first to be integrated into AggLayer.
JinseFinanceSpot Bitcoin ETF was officially launched in the United States recently, attracting great attention from the market. The Monetary Authority of Singapore does not allow such financial products to be listed in Singapore and for retail investors because cryptocurrencies such as Bitcoin are not listed as eligible assets for ETFs.
JinseFinanceThe India-UAE oil trade in rupees signifies a major shift from dollar dominance, reflecting the BRICS nations' commitment to alternative trade currencies and the rising influence of emerging economies in global finance.
Kikyothe collaboration between Singapore and China in launching a digital yuan pilot for tourist transactions marks a pivotal development in the realm of CBDCs. As digital currencies continue to gain traction, this initiative enhances cross-border financial cooperation and sets the stage for broader global implications.
EdmundSingapore's regulatory stance aims to protect retail investors, maintain market integrity, and position the country as a trusted global financial center. The phased implementation of these measures from mid-2024 signifies a comprehensive approach to address potential risks associated with cryptocurrency trading. Investors are advised to exercise caution and avoid dealing with unregulated entities, aligning with the MAS's commitment to fostering a safer crypto market.
Huang BoPaxos, announced today that it has obtained in-principle approval (IPA) from the Monetary Authority of Singapore (MAS).
OliveThis licence permits Coinbase to offer regulated digital payment token (DPT) products and services, expanding its offerings to both individuals and institutions.
DavinMax Kordek, the CEO of Lisk, tells us more about how DeFi protocols unlock the "New World" of Web3
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