Binance and Huobi, two major cryptocurrency exchanges, have once again frozen accounts. This time its related to the June 2022 $100 million Harmony Horizon bridge attack. The trading platforms blocked almost $1.4 million in cryptocurrency that was traced to accounts associated with the infamous Lazarus Group in North Korea. Based
February 15, 2023 2 mins read
On February 15th, a media outlet claimed that the Korean Financial Services Authority was investigating the staking services industry. Concerns expressed by members of the cryptocurrency community regarding the fallout from the recent settlement between the SEC and Kraken in American court seem to be materializing. In the wake of
February 15, 2023 1 min read
Pantos, a multichain token system created by the Bitpanda team, today announced the public beta launch of its multichain protocol. The public beta will soon allow users and developers to effortlessly generate and deploy multichain tokens with just a few clicks, wrap native coins of supported chains, and transfer tokens.
February 14, 2023 3 mins read
Ministry of Internal Affairs of the partially recognized republic in northeastern Georgia said in a news release that police in Abkhazia are conducting daily searches to detect mining operations. That have been illegally linked to the power grid and examine previously shut down crypto farms. To prevent the import of
February 12, 2023 1 min read
The International Monetary Fund (IMF) issued a final report on the economy of El Salvador on February 10, 2023. From January 30th to February 8th, the IMF conducted an Article IV consultation with the government of El Salvador. The IMF warns that “risks should be addressed” as it relates to
February 12, 2023 1 min read
As crypto-backed debit cards gain popularity, the overlap between Web2 and Web3 technologies increases. The biggest Spanish bitcoin exchange, Bit2Me, made the announcement about their new cashback debit card with Mastercard on February 10. Bit2Me CEO and co-founder Leif Ferreira told that he believes the widespread acceptance of this “revolutionary”
February 11, 2023 2 mins read
Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a cooperation with DAO Maker, a prominent blockchain growth solutions provider recognized for their Launchpad, to incubate innovative Web3 firms with an emphasis on providing real-world use cases. DAO Maker will actively contribute to
February 10, 2023 2 mins read
Initiating staking for LUNC was a long overdue move, and the crypto community has embraced KuCoin’s initiative. After delegating 48 billion LUNC in January 2023, the cryptocurrency exchange has brought back its staking function. After 47.9 billion $LUNC were allocated, KuCoin may rejoin the LUNC chain as a validator, giving
February 8, 2023 1 min read
In a recent announcement, ZeptoLab and The Sandbox declared their intent to form a strategic partnership. The organizations’ combined efforts will provide a novel Web3 ecosystem rich with novel experiences. Famous games developed by ZeptoLab include King of Thieves, Bullet Echo, Cut the Rope, and CATS: Crash Arena Turbo Stars.
February 8, 2023 2 mins read
In an all-stock transaction, Hut 8 Mining Corp. of Canada and US Bitcoin Corp. of the United States have declared their intention to merge. Thus, creating a crypto-mining behemoth in North America. Each company’s board of directors has given its stamp of approval to a corporate merger deal. The Board
February 7, 2023 1 min read
