Fri, November 15

ChainSwap Exploit Suffered a Loss of $8M

On July 10 ChainSwap suffered a loss of $8 million. Attackers minted tokens directly to their address. ChainSwap has frozen its bridge between Ethereum and BSC.  The recent attack that occurred on July 10, decentralized cross-chain platform ChainSwap suffered a loss of $8 million, according to the report. Moreover, the

July 12, 2021 2 mins read

Social Platform Tiktok Prohibited Crypto Ads

Social platform TikTok Prohibited Crypto advertisements. TikTok was a hotbed for Dogecoin (DOGE) hype. Many of the social platform promotion ads sell false promises. On July 9 TikTok announced the prohibition of financial services products promotion including investment and cryptocurrency. According to an article from FT Adviser on July 8,

July 10, 2021 2 mins read

UK Watchdog Announced a Crackdown on Deceiving Crypto Ads

UK Watchdog announced a crackdown on deceiving crypto ads. The crackdown campaign will be hard and fast if there are violations. The crypto crackdown begins with both offline and online ads. The Advertising Standards Authority (ASA), UK watchdog announced a major crackdown on deceiving crypto advertisements throughout the nation. Most

July 10, 2021 2 mins read

First International Boutique Hotel Group To Accept Cryptocurrency

First international boutique hotel group to accept cryptocurrency. Payments over cryptocurrency will be available for direct bookings. The Pavilions Hotels & Resorts is partnering with Coindirect. The first international boutique hotel group to accept cryptocurrencies is the Pavilions Hotels & Resorts, a luxury hotel group. Payments over cryptocurrency will be

July 8, 2021 2 mins read

Nominee to Head the Commission Advocates More Control on the Crypto Markets

Brazil is by all accounts near slowing down its efforts to boost the cryptocurrency industry. In the wake of pushing hard for the lawfulness of digital asset exchange. The newly chosen one to lead the CVM (Brazil’s comparable to the U.S SEC) said that the nation should have more prominent

July 7, 2021 2 mins read

40% Of Crypto Investors Plan To Increase Their Crypto Holdings

40% of Crypto investors plan to increase their crypto holdings Nickel Digital Asset Management organized the survey. Only 1% are planning to sell their whole holdings. According to a new survey, the hedge fund executives, wealth managers, and institutional investors who already holding the crypto belongings plan to increase their

July 7, 2021 2 mins read

Non-Custodial Platform Aave Announced the Launch of Aave Pro

Non-custodial platform Aave announced the launch of Aave Pro. Aave pro will offer the same kind of services as Aave Aave pro can be the entrance for institutions into DeFi. An open-source and non-custodial platform Aave plans to launch ‘Aave Pro’ later this month. Aave pro will offer the same

July 6, 2021 2 mins read

Chances Are High of Losing Everything in Defi, Warns Professor

Decentralized Finance (DeFi) has become the new sanctuary for succulent returns nowadays. In any case, traders regularly disregard the dangers implied in the DeFi, noticed Mr. Fabian Schär, who is an educator of blockchain and fintech at the University of Basel. He likewise cautioned that wild investing might make traders

July 5, 2021 2 mins read

tZERO Partners With Real Estate Firm NYCE Group

tZERO partners with real estate firm NYCE Group. tZERO made a partnership to tokenize $18 million. $1 million Regulation Crowdfunding, finalized by NYCE. The global leader in blockchain technology for capital markets, tZERO has announced a partnership with NYCE Group. NYCE Group a FinTech company focused on real estate crowdfunding.

July 1, 2021 2 mins read

Mexico Bans Crypto in the Financial System

Mexican official recapitulates a ban on the use of cryptocurrencies. Herrara stated that cryptocurrencies are not legal tender belongings. Three entities  iterated the warning they issued in 2014, 2017 and 2019. On Monday a topmost Mexican official recapitulates a ban on the use of cryptocurrencies in the country’s financial system.

June 30, 2021 2 mins read