Attacker drains $1.4 million from CUT token pools via mysterious unverified contract
An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens.
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Investor Files Lawsuit Against AT&T Over Hack That Allegedly Lost Him $24 Mln in Crypto
An U.S. investor has filed a $224 million lawsuit against telecoms giant AT&T over alleged negligence that he claims caused him to lose $24 million in crypto, CNBC reports August 15. Plaintiff Michael Terpin has reportedly filed a 69-page complaint with the U.S. District Court in Los Angeles against his erstwhile telecoms provider, alleging that…

Basel Committee finalizes crypto exposure rules for banks
The committee is unveiling the standards later in July, culminating a yearslong process.

Coin Center Calls on Crypto Developers to Protect Freedoms in COVID-19 Era
Nonprofit cryptocurrency advocacy group Coin Center has appealed to the community to develop tech-based responses to the COVID-19 pandemic that protect civil liberties and privacy.In a post published on April 8, the center’s director of research, Peter Van Valkenburgh, surveyed recent proposals from the Zcash Foundation for Private Contact Tracing Protocols, as well as progress…
Marketing company wants 90% of Japanese population on Web3: KBW 2023
Ava Labs head of product Nick Mussallem explained how Japanese company Loyalty Marketing is aiming to introduce Web3 to its 100 million users. 141 Total views 2 Total shares Proof-of-stake (PoS) blockchain platform Avalanche is expecting 5-10 million transactions on a subnet as a Japanese loyalty program company that claims to have 100 million users

Raydium token RAY ‘falling off a cliff’ as Pump.fun rumored as testing AMM
Raydium’s token has dropped 25% after an onchain sleuth said they found Pump.fun was making a protocol that could cut off a source of the DEX’s revenue.

Mobile Decentralized Exchange Says It Prevents Hacking, Cuts Fees and Offers Fixed Rates
A crypto company is launching “one of the first inter-blockchain, mobile decentralized exchanges” on April 23 — and says its platform is going to solve major problems currently seen in its centralized counterparts.According to the SovereignWallet Network, M.DEX is designed to address three key issues that have been having a detrimental effect on the usability…

Kyrgyzstan Poised to Legitimize Crypto Mining
Kyrgyzstan’s parliament is deliberating on a tax regime for miners that would be the country’s first regulated framework for crypto activities. 1218 Total views 67 Total shares Lawmakers in the Kyrgyz Republic are considering a bill to tax and regulate cryptocurrency mining activities. The bill, On Amending the Tax Code of the Kyrgyz Republic, seeks to…

Gibraltar is now an observing member of the Global Blockchain Business Council
The British Overseas Territory is making steps towards bringing blockchain adoption into the mainstream. 567 Total views 14 Total shares The Government of Gibraltar has announced its official appointment as an observing member of the Global Blockchain Business Council, or GBBC. It will be working alongside blockchain industry leaders from more than 50 countries.According to…