DeFi Insurance Claims Reach $34.4 Million
The decentralized finance (DeFi) industry has seen remarkable growth in recent years, with more than $160 billion in total value locked in various protocols and applications as of March 2023.…
The decentralized finance (DeFi) industry has seen remarkable growth in recent years, with more than $160 billion in total value locked in various protocols and applications as of March 2023.…
ZenGo, a crypto wallet developer, has discovered a security vulnerability in decentralized applications (dApps) called the "red pill attack." This vulnerability allowed malicious dApps to steal user assets using opaque…
The Australian Prudential Regulation Authority (APRA) has reportedly ordered local banks to report on their exposure to cryptocurrency transactions in the wake of recent banking collapses, including the Silicon Valley…
Bitcoin has been a popular investment asset since its inception in 2009, and data shows that hodlers have experienced profits on the majority of trading days. According to Blockchain.com, Bitcoin…
In a move that aims to make self-custody cryptocurrency purchases more accessible in Nigeria, MetaMask has partnered with MoonPay to expand direct on-ramps with local banks. ConsenSys, the parent firm…
In response to the SEC's February crackdown on Kraken's staking program, Coinbase has submitted a "Petition for Rulemaking" arguing that staking should not be classified as securities. The 18-page document…
The Arbitrum community is abuzz with anticipation following the announcement of the ARB token airdrop by Arbitrum Foundation. The new token will be airdropped to eligible community members on Thursday,…
SpankChain, an Ethereum-based blockchain platform designed to help adult content creators cut out traditional banks and intermediaries, has closed its crypto payment processor, SpankPay. The closure comes after the company…
US officials are reportedly studying ways to expand deposit insurance coverage to protect depositors and prevent capital from being pulled from smaller banks to supposedly safer-looking heavyweights. The current deposit…
In March 2023, legal teams representing FTX US and Alameda Research filed a complaint against FTX Digital Markets, a Bahamas-based company, alleging that it was a fraudulent enterprise used to…