Key Takeaways: Opera announced the integration of eight blockchains as part of its ongoing effort to bring Web3 to more than 380 million mobile and desktop users worldwide. The users can now access blockchains, decentralized apps (dapps), and services from…
Yesterday in a Parliament meeting Sushil Modi said that the government needs to raise the amount of tax on crypto. He said that government should think of taking more than 50% tax on crypto because the people who earn in…
Reps. Stephen Lynch (D-Mass. ), Jes Chuy Garcia (D-Ill.), Ayanna Pressley (D-Mass. ), and Rashida Tlaib (D-Mich.) introduced the “Electronic Currency And Secure Hardware Act” (ECASH Act). The Act was introduced to direct the Treasury Secretary to develop and issue…
Key Takeaway: Reportedly the Vietnamese government is putting together a legal framework specifically for cryptocurrency. The country’s Deputy Prime Minister has directed a total of three ministries to work on the crypto framework. Reportedly the Vietnamese government is putting together…
Key Takeaway: The European Union is about to put surveillance on exchanges. Coinbase said that cash was preferred method of illicit activities and not digital assets. Coinbase is urging the public to oppose the European Union’s amendment to the “Transfer…
Key Takeaway: Protocol was exploited on 27 March 2022, and tokens worth $2 Million Stolen. The Event On March 27th, 2022, at 1:41 AM UTC, the Revest Protocol was victimized by an exploit. In the exploit, approximately $2 million in…
Goldman Sachs is expanding its presence in the nascent market for derivatives based on digital assets. Goldman Sachs and cryptocurrency merchant bank Galaxy Digital announced Monday that they had traded a bitcoin-linked instrument known as a non-deliverable option. Goldman Sachs…
The week started with a security breach. An unregulated third-party obtained access to BlockFi’s client information via Hubspot. BlockFi assures that its systems and funds have not been affected. A piece of good news for the people of Malaysia, the…
On March 24 PeckShield informed the community that the Unverified PYE (PYE) smart contract is exploited in a flurry of TXs leading to the loss of ~$2.6m. The exploit is possible because of the lack of “k invariant verification” in…
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