ETHTrustFund DAO transfers $2M treasury in apparent rug pull

The results could be a good sign for the proliferation of distributed technology. A report called “Encryption Trends in Mexico 2020/2021” surveyed a total of 353 representatives from companies throughout Mexico.The study, published by privacy research center the Ponemon Institute, indicated that 40% of the Mexican companies surveyed were looking to adopt blockchain and cryptocurrencies…

This decision has implications for users who utilize bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche blockchains. Binance cryptocurrency exchange has announced it is ceasing its support of deposit and withdrawal services for a range of Multichain-bridged tokens, effective from July 7, 2023. Binance has officially stated in its blog that…

A link to a phishing LocalBitcoins clone website had been placed on the official LocalBitcoins forum, but the attack has since been stopped. A LocalBitcoins community manager warned of the attack on Reddit on Jan. 26.According to the post, an unidentified hacker or hacker group detected a security vulnerability in the LocalBitcoins forum and linked…

United States-based crypto startup Bcause LLC will use Nasdaq's trading, clearing and market surveillance technology, Nasdaq announced in a press release today, March 13.According to the announcement, Bcause will use the tech for its spot cryptocurrency market, set to launch via Nasdaq’s Financial Framework platform in the first half of 2019.According to Nasdaq, the tech…

XRP (XRP), the native cryptocurrency of the XRP Ledger (XRPL), has been touted by proponents as a high-speed, low-cost solution for cross-border payments. But just how much value flows through the network on a daily basis? Let’s examine. XRP volumes have risen since Trump’s reelection Based on recent data from Glassnode, XRP’s daily transfer volume

The leveraged yield aggregator confirmed on Aug. 7 that it was hacked and said it's willing to discuss a bounty with the exploiters. 369 Total views 8 Total shares Decentralized finance (DeFi) app Steadefi was exploited for at least $334,000 on Aug. 7 in an ongoing attack. The app's development team has said in a…

Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime. 1561 Total views 28 Total shares Chainlink (LINK) is integrating with CenterPrime to bring a foreign exchange, or FX, rate data feed from the Korean banks to the DeFi space.“A breakthrough for Korean fintech industry”CenterPrime, a Hyperledger based…

A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a 500 million baht ($16.3 million) crypto exchange fraud.The Bangkok Post reports on Sept. 5 that police nabbed Mana Jumuang, who has been under an arrest warrant since Aug. 23, while he was playing…