Zimbabwe’s central bank to issue digital currency backed by gold
The action is meant to stabilise the Zimbabwean currency and give individuals a way of hedging against inflation in the face of excessive inflation.
Aadrika Sharma
A Chinese city intends to pay its public servants in digital yuan
Beginning in May 2023, Changshu city officials will be paid their entire salary in digital yuan.
Trust Wallet resolves vulnerability that led to $170,000 in user losses
Trust Wallet announced the resolution of a critical vulnerability in its main wallet software code.
Blur rectifies bug, affected NFT traders to get 2x refund
Key takeaways: Blur Bids were disabled due to an issue with the off-chain infrastructure.There appears to be a glitch that allowed previously cancelled bids to still be accepted on the Blur NFT market. As a result, users who had previously…
Dormant Bitcoin Wallet Moves 279 BTC after 10.5 years
After resting for ten years, a cryptocurrency wallet recently transferred 279 bitcoins, totaling $7.8 million, to three new addresses
Gensler Says On Securities Law, Ether’s Security Status remains unclear
SEC Chair Gary Gensler refused to state directly whether Ether, the native cryptocurrency of the Ethereum blockchain, is a security or a commodity.
SafeMoon hacker to return 80% of stolen funds
Key takeaways: A decentralised finance (DeFi) technology called SafeMoon is based on BNB Chain. Hackers took 27,000 BNB worth roughly $8.9 million on March 28. According to a blockchain statement posted on April 18 by SafeMoon, the hacker who stole…
Coinbase all set to Fight the SEC in Court: Brian Armstrong
Key Takeaways: According to reports, Coinbase is getting ready for a protracted legal battle with the Securities and Exchange Commission. Although the company officially still has nothing to contend with as it merely obtained a generic Wells notice from the…
Crypto Exchange Luno announces its exit from Singapore
The cryptocurrency platform Luno, whose parent company is Digital Currency Group (DCG), will quit the Singapore market.
Do Kwon fails to block US from obtaining Singapore records
The Securities and Exchange Commission was granted permission by a US judge to search Singapore for Terraform Labs and founder Do Kwon-related records.
