1,590 CoinStats crypto wallets ‘affected’ in security breach
Cryptocurrency portfolio manager CoinStats has assured users that the security breach has been “mitigated” and it will provide updates in due course.
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Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL
According to RWA.XYZ, BlackRock's US dollar Institutional Digital Liquidity Fund has over $648 million in assets under management.

Algorand Expands Testnet Platform to Public Ahead of June Mainnet Release
Digital currency and transaction platform Algorand has released its public testnet to gather feedback on its product, the company confirmed in a press release on April 16.Algorand, the brainchild of Massachusetts Institute of Technology (MIT) professor Silvio Micali, seeks to build an app development platform for enterprises. The project previously obtained $66 million in funding,…

AnubisDAO’s 13.5K ETH rug pull money washes away on Tornado Cash
After almost two years, the stolen 13,556 ETH, which was worth nearly $60 million, amounted to almost 26.2 million at the time of writing. 146 Total views 5 Total shares Nearly two years after the dog-inspired decentralized finance (DeFi) project — AnubisDAO — was rug-pulled for almost $60 million in Ether (ETH), the stolen funds…

Ethereum EIP-1559 upgrade launches on Polygon to burn MATIC
MATIC supply is likely to become deflationary once fee burning commences according to estimates by the Polygon team. 1127 Total views 7 Total shares The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year has launched on the layer-two scaling network Polygon. Ethereum’s EIP-1559 upgrade shipped with its London hard fork…

Five Countries Where Crypto Regulation Changed the Most in 2019
One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the fear of being caught up in legal disputes with regulatory authorities, especially the tax ones, is forcing most small-…

Tron CEO Justin Sun Donates $1.5 Million to Alibaba Co-Founder Jack Ma’s University
Tron and BitTorrent CEO Justin Sun has donated $1.5 million to the Hupan University established by Alibaba’s co-founder Jack Ma, according to a press release shared with Cointelegraph on April 8.The Hupan University was launched in 2015 by Ma in a bid to help entrepreneurs and business owners learn core business skills needed for further…

Swiss regulator forces crypto-friendly FlowBank into bankruptcy
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance.

DePINs and AI positioned to be 2024 ‘power duo,’ DeFi execs predict
DePIN and AI technologies have been hailed as game changers across various global industries, and DeFi executives are predicting that together, they’ll be this year’s “power duo.” 599 Total views 13 Total shares In 2023, decentralized physical infrastructure networks (DePINs) started gaining traction with major manufacturers worldwide to integrate physical world infrastructure with blockchain technology. DePINs