Key takeaways: Ripple, the creator behind the XRP ledger, has recently announced its upcoming launch of a stablecoin pegged to the US dollar. Set to debut later this year, Ripple’s stablecoin will be available on both the XRP ledger and…
Key takeaways: In the ever-evolving landscape of blockchain technology, issues and challenges are not uncommon. The recent discovery of an issue within the smart contracts of the Lido protocol on the Solana blockchain has left many users grappling with the…
Key takeaways: A recent report from Coinbase has shed light on the rapidly growing restaking sector within Ethereum’s DeFi ecosystem, while also highlighting potential risks accompanying its expansion. As Ethereum shifted to a Proof-of-Stake (PoS) network post-The Merge event in…
Key Takeaways: Vitalik Buterin Unveils Ethereum’s Ambitious Plans for Streamlining and Strengthening Blockchain Infrastructure The co-founder of Ethereum, recently outlined the next steps in enhancing the Ether blockchain, focusing on reducing resource load and simplifying the protocol. The roadmap, shared…
Key takeaways: In the dynamic landscape of decentralized finance (DeFi), where innovation meets vulnerability, the recent hack of Prisma Finance has sparked intense scrutiny and raised pivotal questions about security, responsibility, and the nature of hacker intervention. On March 28,…
Key takeaways: Bitfinex, a prominent cryptocurrency exchange owned by iFinex, recently faced operational challenges leading to a temporary suspension of trading. The exchange disclosed issues with platform performance and announced a halt via social media, assuring users of ongoing updates…
Key Takeaways: In a significant turn of events, HKVAEX, a crypto exchange associated with the world’s largest exchange Binance, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC). The move comes…
Key Takeaways: A recent ruling by a UK judge has garnered attention in the cryptocurrency community as Craig Wright, a controversial figure claiming to be the inventor of Bitcoin, faces legal ramifications. The judge issued a worldwide freezing order on…
Key Takeaways: The detention of Mr. Tigran Gambaryan, an executive of Binance, has sparked legal action against Nigerian authorities, with a filing related to violation of fundamental human rights Alongside Binance’s Africa Regional Manager, Mr. Nadeem Anjarwalla, who is currently…
Key Takeaways: In a significant move aimed at combating financial crimes, the European Union (EU) has adopted stringent Anti-Money Laundering (AML) directives, including an effective ban on crypto transactions through non-custodial wallets that lack verification. This measure, endorsed by a…
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