The new definition gives “digital assets” their own distinct category from cash. Tokens, coins, and virtual currencies are all in this category. Consistent rules are now crucial in the crypto industry. Within a short period of time, the sector changed from being widely ignored to being subjected to intense scrutiny.
September 4, 2022 1 min read
The Intel had been sent to the Kyber team as confirmed by CZ. Kyberswap announced a bounty of 10% to the hacker. Crypto exchange Binance has helped investigate a $265,000 breach on decentralized cryptocurrency exchange KyberSwap by narrowing down two suspects. On September 1st, an attacker used a front-end flaw
September 3, 2022 2 mins read
The risk warning, according to the Thailand SEC, must be both clear and prominent. The Thailand SEC said that promotion must be conducted via authorized means only. The Thailand SEC has lately reexamined advertising regulations and imposed certain new guidelines, including a mandate for companies to inform consumers of investing
September 3, 2022 2 mins read
The majority (41.99%) of the SUDO drop will be distributed through a lockdrop event. Liquidity providers on Sudoswap will get 1.5% of the original supply retrospectively. A new token has been created for use inside the Sudoswap network. Various participants in the decentralized NFT marketplace will get a portion of
September 2, 2022 2 mins read
According to the latest Blockchain Industry Report released from DappRadar, the world’s leading app store for decentralized apps, although DeFi-based activity increased by 3.7% month-over-month, the industry’s TVL declined by 10.47%. Conversely, Ethereum scaling solutions have seen significant increases in their DeFi metrics amid the Merge, with Optimism being elevated
September 2, 2022 3 mins read
Since last year, when the crypto exchange spent $700 million on sponsorships. Crypto.com received a licence to operate in the UK recently. SportBusiness revealed earlier today that in the early part of the summer, Crypto.com backed out of a major sponsorship arrangement with the European Champions League (UEFA). The deal,
September 1, 2022 1 min read
The decentralized financial system Infinity Exchange has announced the launch of its Testnet, promising remarkable capital efficiency for traders, yield farmers, and real-money investors. Through its hybrid structure on the Ethereum blockchain, which executes computations and risk management off-chain, Infinity Exchange, an Institutional Fixed Income platform, promises to revolutionize the
September 1, 2022 3 mins read
To facilitate the expansion of Bybit as a gateway for retail and institutional USDC-settled products, the third largest crypto derivatives exchange by volume, Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC) and Euro Coin (EUROC), has partnered with Bybit. Bybit’s long-term goal
September 1, 2022 2 mins read
A Giant in the Ticketing Industry Today, Ticketmaster announced that they will be using Dapper Labs’ Flow blockchain to issue tickets as NFTs for certain events. The NFTs, which are proprietary blockchain assets, will serve mainly as digital collectibles and shareable “proof of attendance.” Over the course of the last
August 31, 2022 2 mins read
Interpol has begun the formalities necessary to extradite Zer back to Turkey. Local prosecutors are apparently seeking hundreds of years in prison. According to a statement released by the Turkish Ministry of Interior, the CEO of crypto exchange Thodex was apprehended in Albania. An international warrant was issued for Faruk
August 30, 2022 1 min read
