Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull
VibcryptoA BNB Chain rug pull scammed users out of $2 million worth of BNB ($11 million at today’s prices). Users asked Binance for help, and Binance said it had frozen…
Binance to reimburse users $1M for Cyber Earn incident
Crypto exchange Binance is refunding users 1 million USDT (USDT) ($1 million) over its handling of the CyberConnect (CYBER) token incident.As described by the exchange on Sept. 7, a price…
JPMorgan moves into deposit tokens for settlements: Report
Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by Bloomberg. The system, however, won't be available…
Stake hack of $41M was performed by North Korean group: FBI
The $41 million hack of crypto gambling site Stake was carried out by the North Korean Lazarus Group, the Federal Bureau of Investigation (FBI) stated in an announcement on Sept.…
AI and blockchain will ‘reshape sectors’ and create new markets from scratch — Moody’s
Artificial intelligence (AI) and blockchain technologies have reached a "tipping point" and are set to shrink established industries while creating new ones, forecasts a report from Moody's Investors Service published…
Ripple CTO says ‘tide is turning’ on US regulatory environment
A court ruling that cleared Ripple's XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United…
Binance crypto exchange saw departure of 10 key executives in 2023. Here’s the list
The world’s leading crypto exchange by trading volume Binance has seen the departure of 10 key executives from various departments in the first nine months of 2023. While executive departures…
Palau to freeze USD-backed stablecoin after pilot launch in July
Palau, a country in the western Pacific Ocean, is wrapping up its U.S. dollar stablecoin project after launching the pilot in August.Jay Hunter, Palau Ministry of Finance member and head…
Nigeria central bank missed opportunity for blockchain regulation in 2021 — Convexity CEO
A group of Nigerian digital asset professionals took to the stage at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023 in Abuja, to discuss the…
Financial privacy and regulation can co-exist with ZK proofs — Vitalik Buterin
Ethereum co-founder Vitalik Buterin has published a research paper diving into privacy pool systems as a tool to achieve more privacy in financial transactions, allowing users to prove dissociation from…