Sun, July 6

Mobius Token Hit by $2.15M BNB Chain Exploit as DeFi Security Concerns Grow

Hackers drained $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain early on May 11. The exploit targeted a critical vulnerability, according to a statement from blockchain security firm Cyvers Alerts. At 07:31:38 UTC, the attacker deployed a malicious contract from address 0xb32a53. Just two minutes later,

May 11, 2025 1 min read

Xpfinance Presale Poised To Sell Out As XRP Market Rebounds And DeFi Demand Surges

As XRP stages a steady recovery from the recent crypto pullback, going back above $2.20, Ripple continues to dominate headlines with it’s Chipper Cash partnership, Hidden Road acquisition and ongoing ETF buzz. Analysts are turning their attention to what many believe is the next breakout project building on the XRP

May 9, 2025 3 mins read

BingX Unveils ChainSpot: A CeDeFi Innovation for Simpler and Safer On-Chain Trading

BingX, a leading global cryptocurrency exchange, is proud to unveil ChainSpot, a pioneering CeDeFi (Centralized-Decentralized Finance) feature that empowers users to access decentralized tokens directly from their BingX accounts — without the need for external wallets or complex on-chain processes. As part of its 7th anniversary celebration, BingX becomes one

May 8, 2025 3 mins read

Trish Turner Appointed Head of IRS Crypto Unit Amid Resignations

The U.S. Internal Revenue Service (IRS) has appointed Trish Turner as the new head of its digital assets division. Her promotion follows the sudden departure of Sulolit “Raj” Mukherjee and Seth Wilks, two private-sector experts who previously co-led the IRS crypto unit. Turner has worked at the IRS for over

May 6, 2025 2 mins read

US SEC’s May 12 Roundtable to Focus on Tokenization & DeFi

The U.S. Securities and Exchange Commission (SEC) is preparing for a high-profile roundtable on May 12, bringing together leaders from BlackRock, Nasdaq, Fidelity, Robinhood, and more to discuss tokenization and decentralized finance (DeFi). Hosted at the SEC’s headquarters in Washington, D.C., the event, titled “Tokenization — Moving Assets Onchain: Where

May 6, 2025 1 min read

Trump Repeals IRS DeFi Broker Rule, Reversing Biden-Era Crypto Policy

President Donald Trump has signed a law repealing a Biden-era IRS rule that extended tax reporting requirements to decentralized finance (DeFi) platforms. The IRS rule, finalized in late 2024, aimed to treat DeFi operators as brokers and force them to report user transaction data. Although it was scheduled to take

April 11, 2025 2 mins read

DeFi Market Experiences Revenue Drops as On-chain Activity Reduces 

The decentralized finance (DeFi) sector witnessed a massive revenue downturn in March 2025. Most of the major protocols across multiple blockchains reported over 50% decline in their revenues.  Defi protocols generate their revenue from transaction fees, lending fees, and other service charges. The drop in revenues indicated a decline in

April 5, 2025 2 mins read

Why Vitalik Buterin Suggests Reference of Public Goods Funding as Open Source?

As we enter another weekend of bearish prices, investors contemplate buying the dip or selling for a loss. Bitcoin has dipped to the $83K level, just two days after testing $88,000. This has caused the overall market also to descend downwards with significant drops seen in leading altcoins.  Meanwhile, Ethereum

March 29, 2025 2 mins read
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