A Montenegro court has revoked the decision to extradite Do Kwon, co-founder of Terraform Labs, to either the U.S or South Korea. The decision of the High Court of Podgorica to approve Kwon’s extradition to either the United States or South Korea was annulled on December 14 by the Appellate
December 20, 2023 1 min read
The 24-hour trading volume of known NFT markets, including OpenSea, Blur, and Magic Eden, was eclipsed by the NFT arm of crypto exchange OKX. According to DappRadar, the OKX NFT Marketplace had a daily trading volume of over $50 million at roughly 10:00 am UTC on December 18. The platform’s
December 18, 2023 1 min read
The largest supplier of blockchain and cryptocurrency infrastructure in the world, Binance, is happy to announce that its worldwide platform and technology services have successfully completed the System and Organization Controls (SOC) 2 Type II compliance audit. This accomplishment is the most recent manifestation of the organization’s steadfast dedication to
December 18, 2023 2 mins read
The peer-to-peer trading platform NFT Trader was compromised in a major way. Many valuable NFTs were stolen in this incident, including BAYC. In the aftermath of the hack, NFT Trader issued an urgent appeal to its customers, requesting that they remove access to two compromised smart contracts. The purpose of
December 17, 2023 2 mins read
According to Stuart Alderoty, chief legal officer (CLO) of Ripple, the cryptocurrency market will look quite different in 2024. He spoke on the judicial branch’s impact on cryptocurrency regulation, possible legislative hurdles in the U.S Congress, and his forecasts about Ripple’s lawsuit with the U.S SEC. According to Alderoty, Ripple
December 16, 2023 2 mins read
The fourth meeting between BlackRock and the U.S SEC to discuss the eagerly awaited Spot Bitcoin ETF has taken place. Documented in an official filing, this most recent conversation is one in a string of recent exchanges between the SEC and prospective issuers. Moreover, the involvement of the SEC, headed
December 15, 2023 1 min read
Privacy-oriented Namada, a Layer 1 blockchain, is going to provide an incentivized testnet whereby participants will get a payout of 3% of the entire supply. This testnet campaign, called “Namada Shielded Expedition,” is a multiplayer role-playing game that is beginning in advance of the privacy protocol’s mainnet release in early
December 15, 2023 1 min read
A surprising event occurred in the Decentralized Finance (DeFi) arena when the Ledger ConnectKit was the victim of a supply chain assault, which resulted in a rug-pull security compromise. Malicious code injection into different Decentralized Applications (dApps) is possible due to the vulnerability, which has been dubbed a “supply chain
December 14, 2023 2 mins read
In order to facilitate a smooth cryptocurrency purchase experience, Giddy, the self-custody smart wallet that links cryptocurrency holders to DeFi earning possibilities, is integrating Stripe, one of the leading payment processors, into its app. Giddy’s integration with Stripe intends to increase the number of fiat-to-crypto buying choices available to the general
December 13, 2023 2 mins read
CoinMENA, a cryptocurrency exchange based in Bahrain, has been granted a virtual asset service provider (VASP) license by the Virtual Assets Regulatory Authority (VARA) of Dubai. This allows them to do business and provide services inside the Emirates. According to the statement made on December 12, CoinMENA FZE, a Dubai
December 13, 2023 1 min read