17:00 Today in Crypto: SBF's Attorneys Ask for His 'Temporary Release', Bybit and OKX Exclude Sanctioned Russian Banks From Payment Options, Verified Scam Accounts Targeting Crypto Twitter are 'Out of Control'
Quantstamp Crypto Firm Launches New Service to Prevent Flash Loan Attacks – How Does it Work? Source: Pixabay Blockchain security provider Quantstamp has unveiled an innovative tool named Economic Exploit Analysis, designed to bolster the security of decentralized finance (DeFi) protocols by detecting potential flash loan attack vectors within smart contracts. As per the Quantstamp's announcement, the automated tool aims to identify vulnerabilities in the code of protocols that might be […]
Sichuan Province of China Targets Metaverse Industry Expansion to Reach $34.4 Billion by 2025 Source: Pixabay Sichuan, a southwestern Chinese province, once recognized as a thriving crypto mining hub prior to the national ban on mining, is now looking to expand the metaverse industry. Sichuan’s government unveiled an ambitious draft action plan with an aim to cultivate the nascent metaverse industry into a colossal market worth 250 billion yuan […]
Hedera Hashgraph's Dropp Integrated with FedNow, HBAR Price Rallies 15% Hedera Hashgraph / Source: Adobe HBAR, the token that powers Hedera Hashgraph’s decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm, has been pumping on Monday. One of its decentralized applications (dApps) Dropp has been listed by the US Federal Reserve’s new instant payment service FedNow as […]
Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto to Digitally Sign Documents, UK Recruiting For CBDC Academic Advisory Group
Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph Accelerator The decentralized asset management OS Velvet Capital that is driving DeFi adoption joins the Cointelegraph Accelerator program. СT Accelerator Join us on social networks Gone are the days when decentralized finance (DeFi) was a niche for crypto frontrunners, while centralized finance (CeFi) was the absolute owner of users’ trust. Following the collapse of major centralized […]
Web3 startups queue up: Consensys Startup Program partners with Cointelegraph Accelerator Cointelegraph Accelerator participants will get a headstart with Consensys’ Web3 solutions, including MetaMask, Infura and Linea zkEVM. СT Accelerator Join us on social networks The transition from Web2 to Web3 is reshaping the technology landscape and attracting the attention of developers. Despite the challenges faced during the current crypto winter, the Web3 ecosystem continued to […]
SushiSwap furthers cross-chain functionality with Core integration SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem. News Join us on social networks Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality. […]
China’s Blockchain Plan For Shanghai By 2025 China’s commitment to the blockchain sector remains steadfast as it gears up to develop blockchain infrastructure in Shanghai by 2025. The city’s governor unveiled an implementation plan on July 31st, outlining the strategic goal of advancing Shanghai’s digital development. The plan is set to promote the widespread application of blockchain technology in the economy and […]
Crypto Mining Hardware Retailer Phoenix Technology Considers Public Listing in UAE Source: Pixabay Leading cryptocurrency mining hardware provider, Phoenix Technology, based in the United Arab Emirates (UAE), is reportedly in preliminary discussions to conduct an initial public offering (IPO) in the country. As per anonymous sources cited in a Bloomberg report, the discussions are ongoing, and specific details of the IPO, including its timeline and size, […]
Japanese Blockchain Developer HashPort Group Raises $8.5 Million in Funding Source: Pixabay In its latest funding drive, HashPort, the Japanese blockchain developer, has garnered a whopping 1.2 billion Japanese yen (equivalent to $8.5 million). The Series C funding round was led by major players like Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners, and renowned Japanese billionaire entrepreneur, Yusaku Maezawa. With this latest […]
Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany Source: AdobeStock / Emre Akkoyun Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Blockchain news BNB Chain released its quarterly Web3 report that examined the monthly percentages of smart contracts verified on seven blockchains, showing growth despite the bear market, as […]
Cosmos Blockchain Project Faces 'Existential' Challenge with Terra's Fall and Ethereum's Rise Source: Pixabay Cosmos, a once-pioneering blockchain ecosystem renowned for its groundbreaking concept of interconnected blockchains called "appchains" and its innovative proof-of-stake consensus mechanism, is now facing an uphill battle for survival. The blockchain ecosystem faces existential challenges in the wake of Terra's collapse and the meteoric rise of Ethereum. Terra's Fall and DeFi's Ripple Effect […]
Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money Source: AdobeStock / Alexander Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Regulation news South Korea launched the Joint Investigation Centre for Crypto Crimes, operating from the Seoul Southern District Prosecutors’ Office. It will employ 30 investigators coming from several government […]
Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets. News Join us on social networks A platform aimed at “deanonymizing the blockchain” has accepted its first submission concerning information on wallet addresses connected to Terraform […]
Today in Crypto: WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to NFT Projects on Ethereum, Hana Bank & Woori Bank 'Interested in Certificate of Deposit' Tokens Source: AdobeStock / Ralf Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Payments news China’s two mobile payment giants, WeChat Pay and Alipay, announced that foreign users can now pay at Chinese retailers by linking their foreign credit cards, including Visa, […]
MultiversX launches on-chain two-factor authentication standard Blockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its network. News Join us on social networks Two-factor authentication (2FA) is a tried and tested online security measure, and the technology is now being used as an additional transaction signing measure on MultiversX’s blockchain protocol. MultiversX CEO Beniamin Mincu […]
ConsenSys launches Linea zkEVM to further scale Ethereum ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1. News Join us on social networks The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing. Linea is an Ethereum layer-2 scaling network […]
Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told to Stop 'All Work' Amidst Investigation, Lightning Labs Releases Tools for Bitcoin Lightning & AI Devs Source: AdobeStock / Savvapanf Photo © Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Gaming news Sega, the gaming studio once seen as one of the strongest advocates of GameFi and blockchain gaming, is pulling back from the sector, Bloomberg reported. […]
Coinbase’s Ethereum Layer-2 Network, Base, Nears Mainnet Launch Source: Pixabay Coinbase’s layer 2 blockchain, Base, is preparing its mainnet launch after completing a series of security audits. Base aims to attract as much as one million new crypto users in the next few years, Coinbase said in a press release. Built on the OP stack in partnership with Optimism, Base’s code was scrutinized […]
Today in Crypto: Germany's Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance to Lose Support of Its Euro Banking Partner, Slovakia Reduces Crypto Taxes Source: AdobeStock / Sergio Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Regulation news Germany's financial watchdog, the Federal Financial Supervisory Authority (BaFin), decided against giving crypto exchange Binance a custody license, Finance Forward reported, citing people familiar with the matter. […]
Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK
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