Key takeaways: Jito Labs, a developer of Solana client software, recently announced the suspension of its mempool functionality within the Jito Block Engine, following weeks of intensified ‘sandwich attacks’ targeting Solana users. This abrupt decision comes in response to the…
Key takeaways: Binance, one of the world’s largest cryptocurrency exchanges, finds itself embroiled in legal battles as a class-action lawsuit led by investors against the exchange gains traction. Recently, a United States appeals court overturned a ruling that dismissed the…
Key takeaways: The recent meeting convened by the US Securities and Exchange Commission (SEC) with representatives from Coinbase and Grayscale Ethereum Trust has sparked considerable interest within the cryptocurrency and investment communities. This gathering marks a significant step in ongoing…
Key takeaways: In a recent development, WOOFi, a decentralized exchange (DEX), disclosed a significant financial setback resulting from an exploit in its Arbitrum lending market. The exploit, detected by blockchain security firms including PeckShield, Hypernative, and Chainalysis, targeted WOOFi Swap…
Key Takeaways: Japan has taken a significant leap forward in embracing digital asset innovation, with the recent approval of a bill that adds crypto assets to the list of permissible investments for domestic venture capital and investment funds. Spearheaded by…
Key takeaways: In a startling turn of events, PlayDapp, a leading crypto gaming platform, recently fell victim to a devastating exploit resulting in the loss of millions worth of PLA tokens, the platform’s native cryptocurrency powering its gaming ecosystem and…
Key Takeaways: A U.S. Treasury official is set to address House lawmakers on Wednesday about concerns regarding the use of cryptocurrencies in illicit finance. Brian Nelson, the Treasury’s Under Secretary for Terrorism and Financial Intelligence, will request enhanced authority to…
Key takeaways: In the volatile realm of cryptocurrency, where fortunes are made and lost on the whims of market fluctuations, FTX finds itself navigating treacherous waters. Once a dominant force in the crypto exchange arena, FTX now faces the spectre…
Key Takeaways: Bakkt, a cryptocurrency enterprise launched in 2019 with backing from the Intercontinental Exchange (ICE), has recently raised concerns about its financial outlook.  In an updated filing to its quarterly report with the Securities and Exchange Commission (SEC), the…
Key Takeaways: South Korea’s Financial Services Commission (FSC) has announced stringent measures to combat crypto-related crimes, including market manipulation and illegal trading. According to local media reports, the new regulations, set to take effect on July 19, will impose criminal…
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