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
ChainGPT’s AI-powered trading assistant is now live. Crypto traders and investors can stop the tedious process of manually examining charts, indicators and seeking for patterns. ChainGPT unveiled a mathematical AI model that can analyze charts, find patterns, and do technical analysis, among other things. ChainGPT recently announced the release of ChainGPT AI Trading Assistant, a
December 12, 2023 4 mins read
Oasys, a platform created exclusively for gaming community, has teamed up with AltLayer, a decentralized rollup interlayer. Through the agreement, blockchain game and metaverse launches on the Oasys ecosystem will be made simpler by enabling users to create Verses, or Layer 2 rollups, on Oasys with just one click, thanks
December 12, 2023 2 mins read
Poste Italiane and Banca Generali’s cryptocurrency wallet Conio have partnered with Coinbase, the businesses said on Monday, to provide Italian financial institutions with access to a diverse array of digital assets. With over 400,000 users, Conio is teaming up with Coinbase Prime to expand wallet support for as many as
December 11, 2023 2 mins read
The United Kingdom’s National Audit Office (NAO) has voiced doubts over the FCA’s ability to effectively oversee the cryptocurrency market. According to the NAO’s latest report, “Financial services regulation: adapting to change,” the FCA is allegedly dragging its feet when it comes to responding to and prosecuting illegal activity inside
December 11, 2023 2 mins read
As part of its ongoing effort to improve its advertising standards, Google has now announced changes to its crypto advertisements policy that target Cryptocurrency Coin Trusts in particular. Financial instruments known as Cryptocurrency Coin Trusts provide the easy trading of shares in trusts holding large amounts of cryptocurrencies. However, instead
December 10, 2023 1 min read
Tether, the stablecoin issuer, said on December 9 that it is launching a voluntary wallet-freezing policy as part of its ongoing efforts to cooperate with regulatory and law enforcement organizations. Tether has been imposing restrictions on the secondary market to block transactions with Sanctioned individuals on the OFAC Specially Designated
December 9, 2023 2 mins read
From May 18, 2022, till the present, the Terra Luna Classic community has burned 85 billion LUNC. The community’s efforts to decrease the amount of LUNC circulating have reached another milestone. Almost 43.6 billion LUNC, or more than 51% of the total LUNC burnt thus far, have come from Binance.
December 9, 2023 2 mins read
