Crypto losses from fraud and hacks declined 12% in May — Immunefi

Memecoin Shiba Inu can officially be used to purchase land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide utility for holders. 421 Total views 12 Total shares Holders of the popular memecoin Shiba Inu (SHIB), will now be able to use the cryptocurrency to purchase land in…

The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations. 1273 Total views 43 Total shares After recovering the HUSD stablecoin’s dollar peg, crypto exchange Huobi explained what had caused the short-term liquidity problem and assured users that it had been resolved. On Thursday,…

Bitcoin (BTC) payments should be coming to Norway’s low-cost airline Norwegian Air this year, after its co-founders set a date for opening their own cryptocurrency exchange.According to local finance newspaper Dagens Næringsliv, the Kjos family intend to launch trading on their nascent NBX exchange in August. Swiftly expanding into neighboring countries, the publication said the Kjoses,…

Major cryptocurrency exchange Binance has renamed its Tether (USDT) Market to be a combined Stablecoin Market (USDⓈ), according to an announcement published Nov. 26. This will purportedly allow the exchange to support more trading pairs of stablecoins.The exchange also notes that USDⓈ is not a new stablecoin, but the symbol of Binance’s new stablecoin market.…

Bitcoin (BTC) price fell to its lowest levels in a month on Feb. 28 after another day’s losses underscored continued selling pressure on markets.Cryptocurrency market daily overview. Source: Coin360BTC price clings to $8.6KData from Coin360 and Cointelegraph Markets showed BTC/USD hit five-week lows of $8,455 on Friday.At press time, volatility abounded on exchanges, with Bitcoin…

Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). The development was reported in a court document released on March 14.According to the document, Vanbex founders Kevin Hobbs and Lisa Cheng claimed to the public that they operated a…

Japanese automotive brand Nissan has become the latest car manufacturer to ramp up its Web3 efforts, filing four new Web3-related trademarks filed in the United States, while its Japan unit is experimenting with auto sales in the metaverse.According to Nissan’s Mar. 7 trademark applications to the United States Patent and Trademark Office (USPTO), the new…

Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action. 135 Total views 1 Total shares Elon Musk has called for a “comprehensive overhaul” of the United States Securities and Exchange Commission hours after the regulator sued Musk alleging he failed to testify in