The exploiter stole 243,000 CELO from Binance and used it in an attack. Users were cautioned against trading mTokens, Moola’s interest-bearing tokens. Millions of dollars were made off of yet another DeFi protocol. The non-custodial liquidity protocol on Celo, Moola Market, is the protocol at hazard this time around. Moola,
October 21, 2022 1 min read
BJ Kang was named the exchange’s first Head of Investigations. Kang has participated in a number of investigations involving financial crime. As the number of reported cases of cryptocurrency-related fraud continues to rise. Leading exchange Binance has appointed a new head of investigations for its American branch. Recently, BJ Kang,
October 21, 2022 1 min read
The funds will be used to create tools that would assist developers to create Web3 apps. Overall Helius aims to simplify and abstract away complexity in app development. Helius, a Solana infrastructure business, said today that it has secured $3.1 million in a seed round. It was headed by Reciprocal
October 20, 2022 2 mins read
Consideration is given to local conditions when the regulations are drafted. The Monetary Authority is learning about stablecoin regulation. In response to the ever-increasing uncertainty in the cryptocurrency market, the widespread use of Central Bank Digital Currency (CBDC) has been on the rise. To counter this, Hong Kong has joined
October 20, 2022 2 mins read
The raid happened in Frankfurt and comprised over 100 investigators. As of today’s inquiry, Deutsche is suspected of dividend stripping. On Tuesday, Deutsche Bank said that it is cooperating with authorities investigating a tax fraud case that dates back at least ten years. The biggest German bank is only one
October 19, 2022 1 min read
The overall assets of Societe Generale make it the third-biggest French bank. Earlier this year in June, Societe Generale-Forge formed a partnership with Metaco. Societe Generale-Forge, the digital assets division of Societe General Group, has officially registered with the French financial authority, the Autorité des marchés financiers (AMF). The overall
October 19, 2022 2 mins read
Proto-danksharding is a hotly debated improvement expected in Shanghai upgrade. It is still unclear which recommendations will be included in Shanghai. On Friday, the Ethereum Foundation announced the launch of a pre-Shanghai testnet it has dubbed “Shandong.” This testnet will serve as a testing ground for numerous Ethereum Improvement Proposals
October 18, 2022 1 min read
In a transaction finalized last month, FTX US acquired Voyager Digital’s assets. FTX US is not licensed by the Texas Department of Banking as per the complaint. According to a court filing, Texas officials are now looking into FTX CEO Sam Bankman-Fried in the Voyager case. Moreover, according to Texas
October 18, 2022 2 mins read
The alert was given in a document published on Saturday by the National Police Agency. The North Korean Lazarus hacking gang is now utilizing false job postings. Japanese officials have issued a warning, citing intelligence that the Lazarus group of North Korea is specifically targeting firms in Japan. Especially that
October 17, 2022 2 mins read
The music video, animated in Unreal Engine, expands on the song’s use. Coinciding with the music video’s premiere, Astro gave out 11,111 digital donuts. Snoop Dogg is not new to Web3, NFTs and the metaverse world. His past collaborations and key interest in this sectors has been openly displayed by
October 17, 2022 1 min read