Patricia, a Nigerian platform for buying and selling cryptocurrencies and gift cards, has had a security compromise, forcing swift action to protect its consumers. The platform has temporarily disabled withdrawals as a security measure. The organization disclosed a security vulnerability that resulted in the loss of Bitcoin and Nigerian naira.
China seems to be welcoming foreign businesses into some sectors. The nation has taken a strong line against the buying, selling, and holding of cryptocurrencies like Bitcoin and Ethereum, yet it is still actively promoting the growth of Web3. Beijing Municipal Science and Technology Commission and Zhongguancun Science and Technology
The cryptocurrency exchanges’ Ether reserves have hit a five-year low. The current number of ETH on exchanges, 17.8 million, is the most it’s been since July of 2016, according statistics from Glassnode. As of September 2022, the number of Ethereum tokens available on trading platforms has begun to decrease. The
Jimbos protocol is the latest decentralized finance (DeFi) system to be hacked, resulting in a substantial loss of funds in the cryptocurrency market. Jimbos protocol, the Arbitrum system’s liquidity mechanism, was hacked on May 28 morning, according to blockchain security company PeckShield. The hack caused a loss of 4,000 Ether,
Binance, the biggest cryptocurrency exchange in the world, stated on Saturday that it would stop providing cryptocurrency services to Japanese customers as of November 30, 2023. The crypto exchange has taken this decision as part of its continued efforts to meet regulatory requirements and guarantee compliance in the countries where
In today’s crypto industry, there are certain highlighting projects that create effective traded ones in the market. And, from the results of Coingecko, there is a list of the highly impactful projects that haven’t been listed on Binance so far. Most Traded Projects in the Crypto Market Firstly, the inSure
Charles Hoskinson, the founder of Cardano, thinks the decentralization of the project will serve as a “wake-up call” for the sector. Hoskinson recently shared an update with the community. During which he claimed that ADA is “substantially more decentralized” than any other cryptocurrency. Furthermore, the executive emphasized that the Cardano
In an audacious move this morning, China’s capital, Beijing, spotlighted its commitment to the evolution of the internet by unveiling an ambitious blueprint known as the “Web 3.0 Innovation and Development White Paper (2023)”. This seminal document, touted by a local media outlet, The Paper, points to web3 technology as
The never-ending memecoin season, which was started by the leading meme coin Shiba Inu (SHIB), didn’t fail to treat the SHIB Army and its community. The meme token recently provided its upcoming updates. In addition, since the beginning of March, when the Shibarium testnet was launched, the Shiba Inu army
The NFT market, which faced a significant downturn last year, is now showing promising signs of a rebound. Optimism among investors regarding cryptocurrencies and the increasing demand for digital assets like Bitcoin have contributed to the overall rise in the cryptocurrency market. Based on the latest data, $OXBT BRC-20 NFTs
