Fri, November 15

dWallet Network Rebrands to Pera, Revolutionizing Zero Trust Protocols in Web3

dWallet Network rebranded to Pera yesterday. The project’s growth and emphasis on expediting developer access to Zero Trust Protocols (ZTPs) are reflected in the new name. The platform’s primary purpose of securely maintaining digital assets across many networks is still unaltered, and the dWallet primitive continues to be the fundamental building

September 5, 2024 1 min read

Mastercard Launches Euro Crypto Debit Card with Mercuryo

Mastercard has expanded its support for cryptocurrency by partnering with Mercuryo, a European crypto payments infrastructure provider, to launch a euro-denominated crypto debit card.  This new card allows users to spend cryptocurrencies like Bitcoin directly from their self-custodial wallets at over 100M merchants worldwide who accept Mastercard. Self-custodial wallets give

September 5, 2024 2 mins read

Tools for Humanity CEO Reveals New Updates on Worldcoin Expansion

In a group interview held during Wednesday’s Korea Blockchain Week (KBW) 2024 event in Seoul, Tools for Humanity CEO Alex Blania said that the present goal of Worldcoin is the broad distribution of iris-scanning “Orbs” in order to grow the project and make it more useful. Co-founded by Blania and

September 5, 2024 2 mins read

EigenLayer to Distribute 86M Tokens in Second Season Stakedrop

The second season of EigenLayer’s stakeholder airdrop, or “stakedrop,” will distribute 86 million EIGEN tokens to stakeholders, node operators, ecosystem partners, and community members. On or before September 17, 2024, the distribution will start targeting participants who were active between March 15 and August 15. This follows April’s announcement of

September 5, 2024 1 min read

Vivek Ramaswamy Criticizes SEC and Calls for Workforce Reduction

Vivek Ramaswamy, a biotech entrepreneur and former presidential nominee, made waves last year by calling for mass deregulation of the cryptocurrency industry. He was the first Republican candidate to introduce a detailed crypto plan, aiming to reduce the federal workforce, including the Securities and Exchange Commission (SEC). Recently on Wednesday,

September 5, 2024 2 mins read

Angel Drainer Resurfaces as AngelX with Upgraded Phishing Scams

Angel drainer is a notorious code used on web3 crypto phishing sites. This crypto app is back with a new upgraded version. This version has already deployed hundreds of malicious dApps.  A recent report by cybersecurity firm Blockaid has uncovered a rise in scams utilizing deepfake videos of high-profile figures

September 5, 2024 2 mins read

Robinhood Agreed to Pay Nearly $4M Amid Settlement with California Authorities

Robinhood Crypto LLC, a subsidiary of Robinhood Markets, has reached a $3.9M settlement with California’s Justice Department. The settlement follows allegations that the platform prevented customers from crypto withdrawal from their accounts between 2018 and 2022, violating state laws.  California Attorney General, Rob Bonta accused Robinhood of breaching state commodities

September 5, 2024 2 mins read

United Texas Bank Slammed with Cease and Desist Order by the US Fed

Crypto firms’ services banks, in other words, crypto-friendly banks are a declining group of financial organizations within the sector. However, they have not been spared from regulatory impediments in the past. Recently, one specific, United Texas Bank caught the attention of the US Federal Reserve. The regulator has stated allegations

September 5, 2024 2 mins read

Trump Family’s DeFi Project to Leverage Stablecoin to Ensure USD Dominance

The upcoming decentralized finance (DeFi) project, World Liberty Financial, endorsed by the Donald Trump family, is focused on adopting the dominance of the dollar-pegged stablecoins to uphold U.S. financial supremacy.  The World Liberty Financial appeared on X with a series of tweets clarifying its DeFi strategy and confirming its collaboration

September 5, 2024 2 mins read

Pendle Safeguards Major Funds Amid Penpie Security Breach

Pendle, a well-known decentralized finance (DeFi) protocol, has announced that it successfully safeguarded around $105 million in funds following a recent cyber attack on Penpie, a yield optimization tool within the Pendle ecosystem. The incident occurred on Tuesday, targeting Penpie’s protocol and raising significant security concerns. According to a post-attack

September 4, 2024 1 min read