DeFi market stages a comeback as derivatives surge

Twitter users have complained that the exploit has resulted in a sharp decline in the price of their Digital collectibles over the past week. 677 Total views 32 Total shares Veve, a nonfungible token (NFT) marketplace with licensed digital collectibles, faced an exploit on Tuesday, resulting in millions of gems (in-app tokens) being acquired illegally.…

Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month. 478 Total views 12 Total shares Bitfury, a cryptocurrency mining and blockchain development firm, is planning to launch a Bitcoin (BTC) mining fund in Japan in July. Katsuya Konno, the head of  Bitfury…

South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR.

BitMEX's co-owner, Ben Delo, has pleaded not guilty after surrendering to U.S. authorities in New York. 1720 Total views 12 Total shares Ben Delo, one of the founders and co-owners of embattled crypto derivatives exchange, BitMEX, has surrendered to U.S authorities in New York. According to Bloomberg, Delo was arraigned remotely before U.S Magistrate Judge…

The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency. 112 Total views 1 Total shares The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) have published the results of their joint “Project Cedar Phase II…

Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top).WEF 2022, the first in-person World Economic Forum event since the pandemic started, continues to bridge traditional finance with the future of money on its third…

Australian crypto broker Swyftx is set to acquire New Zealand crypto exchange Easy Crypto, with one of the CEOs nodding at positive crypto policy changes in the United States.  Swyftx CEO Jason Titman said in a March 19 statement that they see “Trump’s policy messaging around crypto as a tailwind” for this deal.  He told

This in turn could reduce the headaches involved when achieving consensus. Bison Trails, a Blockchain infrastructure-as-a-service provider, has created double-signing protection software, or DSP, which aims to address the slashing penalties associated with double signing messages.According to the company, many digital asset holders consider slashing penalties to be one of the “main risks” of Blockchain…

An online survey by banking giant ING finds that Austrians are the most skeptical of Bitcoin (BTC) and cryptocurrencies in general. The poll, including respondents from 15 countries, shows that Bitcoin-positivity is also weakening in other countries, according to Der Standard, Aug. 14.The worst and getting worseAustrians are generally conservative on investments, but on cryptocurrency…