The M2 exchange attacker swapped the stolen altcoins to Ethereum and Bitcoin, which could be in preparation for laundering on crypto mixers.
Paxos has launched its new stablecoin, Global Dollar (USDG), which is backed by the US dollar. The new stablecoin will comply with Singapore's regulatory framework.
Nishad Singh, the former engineering director at FTX, has received a sentence of time served along with three years of supervised release, avoiding any prison time for his involvement in the exchange's downfall.
As Web3 technologies gain momentum, the critical role of secure and user-friendly wallets becomes evident. These wallets act as portals to decentralized applications (dApps) and services, enabling users to manage digital assets, engage with smart contracts, and participate in the burgeoning decentralized economy.
Paxos, a regulated blockchain infrastructure company, has announced the launch of its new stablecoin, Global Dollar (USDG), which is compliant with Singaporean regulations.
M2, a UAE-based crypto exchange, experienced a significant security breach that resulted in the loss of $13.7 million in digital assets. In a Nov. 1 statement, the exchange disclosed that the incident occurred on Oct. 31 at approximately 3:16 A.M.
The popular Telegram-based game Tomarket is preparing for the launch of its TOMA token on The Open Network (TON).
After a four-month imprisonment, the former Binance founder, Changpeng Zhao, is adjusting to the outside world. From his social media presence to his first public appearance at the Blockchain Week event in Dubai, he is exciting his followers for the future.
After a downtrodden September, non-fungible token (NFT) sales dropped further in October, totaling $361 million—a 36% decrease. NFT Sales Fall 36% in October, Totaling $361 Million NFT sales in October didn't quite bounce back, showing a 36% decline after September's 47.9% dip. The month saw around $361.
Former Binance CEO Changpeng ‘CZ' Zhao shared insights on life in prison and the future of crypto in his first public interview since his release. At Binance Blockchain Week in Dubai on Oct.
BitGo has appointed Ben Reynolds, former president of Silvergate Bank, as managing director to lead its stablecoin USD Standard.
Paxos launched a regulated stablecoin in Singapore along with DBS bank.
Have you ever participated in a crypto airdrop and found yourself "not eligible" even though you farmed the project and invested capital?
As financial institutions increase their investments in blockchain technology, the impact on the broader financial industry is becoming more evident. With institutions like Citi and JPMorgan expanding their blockchain portfolios, the future of finance may see new developments, but it will also face hurdles.
Securitize Inc., a leader in real-world asset (RWA) tokenization, has recorded over $1 billion in on-chain issuances alongside the launch of new fund administration services.
This move makes Franklin Templeton the first asset manager to bring a tokenized fund to Base. It adds an exciting new layer to the world of finance.
TL;DR Paxos launched the Global Dollar (USDG) stablecoin, fully backed by USD reserves, in collaboration with Singapore's DBS Bank, complying with the Monetary Authority of Singapore's regulatory framework.
Kraken has appointed Stephanie Lemmerman, former CFO of Dapper Labs, as its new Chief Financial Officer, succeeding Carrie Dolan, to enhance the exchange's financial strategy amid ongoing restructuring and workforce reductions. The post Kraken Appoints Former Dapper Labs CFO, Stephanie Lemmerman appeared first on Cryptonews.
Abu Dhabi-based cryptocurrency exchange M2 claims it has resolved a $13.7 million incident after allegedly falling victim to a hacker attack. Cryptocurrency exchange M2, co-founded by Bijan Alizadeh Fard and Stefan Kimmel, has suffered a “cybersecurity incident involving $13.
Major financial institutions, including BlackRock and PayPal, increasingly invest in blockchain technology. This growing interest shapes the cryptocurrency market in new ways, but it also raises questions about the future of crypto's core principles.
BingX Labs, the innovative arm of BingX dedicated to identifying and nurturing transformative blockchain ventures, proudly announces its investment in AgentLayer, a groundbreaking project focused on building a decentralized, permissionless network for autonomous AI agents.
Craig Wright, who is not Satoshi, attended a court hearing today concerning a contempt application filed by the Cryptocurrency Open Patent Alliance (COPA). The judge scheduled the contempt hearing for Dec. 18, with discussions on whether Wright must appear in person and potential cross-examination.
Following a $400,000 ‘rug pull' of three Solana NFT projects in 2022, two men face up to five years in U.S. prison.
Binance is set to adjust the tick size for various USDⓈ-M Perpetual Futures Contracts to enhance market liquidity and user experience.
New data shows crypto companies have spent $400 million on SEC-related costs since 2021, with two-thirds of voters supporting clearer regulations before further enforcement actions.
A recent report revealed North America is losing ground to other regions in a key sector. The continent, led by the US, was dethroned as the largest hub for crypto developers after recording a sharp decline in its developer's share over the past decade.
Bridge acquired Triangle for an undisclosed amount.
Bitcoin (BTC) is bouncing after a confirmation of the major $69,000 horizontal support. Is this the last chance to get into altcoins before crypto potentially explodes?
TL;DR Spacecoin XYZ plans to launch the first-ever blockchain network in outer space, using a fleet of nanosatellites to establish a decentralized physical infrastructure network (DePIN). The blockchain system will leverage an Iridium distributed network of satellites, making it resistant to denial-of-service (DoS) attacks and censorship attempts, ensuring high security and reliability.
UBS Asset Management has caught the eyes of traders with its latest launch of the first Ethereum-based tokenized money market fund, uMINT. The fund is specifically tailored for Singapore users.
This network aims to build a foundation for off-world data centers and a future space economy. The team at Spacecoin XYZ, a startup that uses satellites, believes their new method for launching a blockchain network could change how we think about commerce in space, possibly even surviving an apocalypse.
Binance introduces a new game where users can collect Crypto Plants and share a 2 million Binance Points reward pool, enhancing user engagement and loyalty.
The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago.
As the U.S. presidential election approaches, speculation has intensified over potential successors to Gary Gensler, the current Chair of the Securities and Exchange Commission (SEC). Gensler, appointed by President Joe Biden in 2021, has faced criticism for his stringent regulatory stance, particularly concerning cryptocurrency markets.
The new stablecoin is designed to be compliant with the upcoming regulatory framework from the Monetary Authority of Singapore.
Bankrupt crypto exchange FTX has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable it to recover up to $21 million in assets. According to Oct. 30 court filings, these settlements still require court approval, with a hearing set for Nov. 20.
Law enforcement has been gunning for SBF and Nishad Singh's testimony turned out to be useful.
Changpeng Zhao, the former CEO of Binance, the world's largest cryptocurrency exchange by trading volume, made his anticipated return to the public eye at the Binance Blockchain Week in Dubai on Wednesday. This appearance marks his first since serving four months in prison, which has reshaped his outlook on life and leadership.
A recent research report by Coincub and Blockpit highlights how varying tax policies, from zero taxes in the UAE to high rates in the U.S., shape crypto investment strategies.
A recent study by Electric Capital reveals that the proportion of crypto developers in the US has significantly decreased over the past decade.
The co-founder and former CEO of Binance, Changpeng Zhao (CZ), has published a selfie from a recently attended crypto event.
This special type of digital money is designed to be as stable as the U.S. dollar. The exciting part about USDG is that it's backed by real U.S. dollars, which means you can trust its value.
Franklin Templeton, one of the world's largest investment managers, has announced that it has integrated Benji, a blockchain-integrated record-keeping system, on top of Base, a Coinbase-incubated Ethereum rollup. According to the institution, this move makes it the first organization to build a tokenized fund on top of Base.
MyTrade founder Liu Zhou has pleaded guilty to orchestrating a massive crypto market manipulation scheme using wash trading bots, facing up to five years in prison for creating millions of fraudulent daily transactions that artificially inflated trading volumes.
Crypto.com is making significant strides in expanding its U.S. operations with the acquisition of Watchdog Capital LLC, a broker-dealer registered with the SEC.
The UK's Financial Conduct Authority maintains its strict regulatory standards for digital currency firms despite industry pushback, requiring comprehensive compliance with AML/CFT rules, consumer protection measures, and operational resilience standards.
Crypto startup Spacecoin XYZ announced plans to launch the first blockchain network in outer space using a fleet of nanosatellites. According to a Spacecoin XYZ's whitepaper published on Nov.