On December 4th, South Korean financial authorities issued an update requesting that consumers disclose any unauthorized cryptocurrency exchanges providing services to customers inside the area. The endeavor was a joint effort by the South Korean Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA). Upbit, Bithumb, Coinone, Korbit,
The DeFi protocol KyberSwap lost $48.8 million due to a major vulnerability that occurred on November 22. The company plans to compensate individuals who were impacted financially. In response, KyberSwap is setting up a grant program to compensate those impacted by the incident using funds from its treasury. Affected persons
SAN FRANCISCO–(BUSINESS WIRE)–In a move poised to simplify the intricate world of crypto infrastructure, Toku, the premier token compensation administrator, and Hedgey Finance, a leader in onchain token vesting, are collaborating to offer both services in a single, streamlined experience for onchain organizations. This collaboration aspires to uncomplicate token compensation
The founder of Terraform Labs, Do Kwon, and the company itself might be the targets of a class action lawsuit in Singapore after the High Court’s rejection of a motion to dismiss the case, according to Business Times’ report. Terraform’s legal team sought to have the case transferred to arbitration
In today’s digital age of growing opportunities, gift cards have piqued people’s interest. Since gift cards are available in digital form, their popularity and trading in the online environment is only increasing. This article will specifically delve into the practice of reselling gift cards for cryptocurrency. People are seeking opportunities
SINGAPORE–(BUSINESS WIRE)–Cega Finance (“Cega”) announces the launch of its Dual Currency strategy to unlock new yield opportunities for the Liquid Staking ecosystem, providing returns of 22%+ APY for stETH or ETH holders. This collaboration with Lido taps into the rapidly expanding Liquid Staking market and continued growth of Ethereum, where
Over the past two weeks, Polygon’s native MATIC token has shown intriguing signals of significant buyer accumulation despite ranging prices. For seasoned crypto investors, such early signs often foreshadow major volatility swings. MATIC has traded sideways in a relatively narrow band since its unexpected 21% single-day drop seen earlier this
Central banks have collaboratively unveiled a pioneering project named “Tourbillon,” shedding light on the possibility of preserving privacy in transactions involving national digital currencies. The project was spearheaded by the Bank for International Settlements (BIS) Innovation Hub in Switzerland and scouted into the realm of payer anonymity within the context
Just days after Shibarium, the Layer 2 scaling solution of the Shiba Inu ecosystem, recorded an all-time high in transactions, that figure has now plunged by nearly 65%. According to data tracked by monitoring resource Shibarium Scan, total transactions hit 43,690 on November 24th, up markedly from 29,280 the prior
LONDON–(BUSINESS WIRE)–Rad (https://rad.live), the innovative video streaming platform for Web 3, has secured significant funding in a follow-on round led by Ayre Ventures. Rad is also pleased to announce it has incorporated the use of BSV Blockchain into its publishing and purchasing flow for transactional video on demand (TVOD) and
