Animoca, Standard Chartered team up in HKMA stablecoin sandbox
The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox.
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OneKey says it’s fixed the flaw that got its hardware wallet hacked in 1 second
Crypto hardware wallet provider OneKey says it has already addressed a vulnerability in its firmware that allowed one of its hardware wallets to be hacked in one second flat.On Feb. 10, a video on YouTube posted by cybersecurity startup Unciphered showed they had figured out a way to exploit a "Massive critical vulnerability" in order…
Decentralized Energy is Key to a DeFi Future
Decentralized finance should include decentralized energy as it uses DApps and blockchain and has the same logic, says Lition. 1131 Total views 20 Total shares Decentralized Energy (DeEn) leverage DApps and smart contracts on Ethereum to conduct transactions and trade energy assets. In a paper released July 31, Lition, a Berlin-based sustainable tech startup that…
Whale continues $154M dumping spree with 5K ETH deposit to OKX
Lookonchain wrote that the whale bought 1 million tokens during the Ethereum initial coin offering.
Australia’s DeFi Boom: Growing Excitement as New Projects Launch
Australia is experiencing a decentralized finance (DeFi) boom, playing host to some of the most talked-about projects in the space.They include longtime DeFi leader Synthetix (SNX), along with the up-and-coming Thorchain (RUNE) along with the just-launched Ren (REN) and mSTABLE (META).RUNE has increased 167% in the past 30 days, REN is up 36% (mostly in…
Australian Securities Exchange to triple capacity of DLT system
The new blockchain-based system will replace the existing CHESS system The Australian Securities Exchange will delay its blockchain-based CHESS replacement after huge trading volumes due to the pandemic required a massive expansion of capacity. The DLT- based system had been scheduled for official trials in December, with a planned launch window of early 2022.At its…
Coinbase Pitches Crypto As a Solution for Racial Inequality in Finance
To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial injustice in the financial sector.As part of the campaign, the exchange published a blog post on Feb. 13 with the results of a survey it conducted in the United States and United Kingdom.The crux of…
Allegedly Fraudulent Crypto Exchange Shut Down by UK High Court
The UK Insolvency Service claimed that GPay is nothing but a “scam” after conducting confidential inquiries. 1323 Total views 17 Total shares The UK High Court has appointed the Official Receiver as liquidator of the cryptocurrency trading platform, GPay Ltd.According to an announcement published by the UK Insolvency Service on June 30, the crypto exchange…
Crypto Lending Platform Compound to Start Distributing Tokens
The Compound community approved a proposal calling for the distribution of the COMP token to all users of the DeFi protocol. 1535 Total views 38 Total shares Compound’s governance token will be available for distribution to all users of the decentralized finance (DeFi) protocol beginning on June 15.According to a June 10 tweet from Compound,…