Former Square, Coinbase execs raise $58M for Bridge stablecoin network

Top Stories This WeekEthereum’s Constantinople Hard Fork Delayed Until February After Vulnerability FoundEthereum’s (ETH) Constantinople hard fork has been delayed until late February after smart contract audit firm ChainSecurity found a security vulnerability allowing a reentrancy attack. The security bug found would potentially let an attacker steal crypto from a smart contract on the network…

Vee Finance says it suffered a $35-million attack just a few days after launching its mainnet on Avalanche last week. 2257 Total views 17 Total shares Decentralized finance (DeFi) platform Vee Finance reported $35 million in losses in an exploit, just a few days after launching its mainnet on the Avalanche network.After pausing services due…

The Gibraltar Blockchain Exchange (GBX) has secured a license from the Gibraltar Financial Services Commission (GFSC), according to a company blog post Nov. 22.The GBX was established in July of this year by the Gibraltar Stock Exchange (GSX). The platform first announced its blockchain trading platform in November 2017, aiming to “become the world’s first…

Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi. 150 Total views 1 Total shares Institutional crypto services provider Silvergate Capital has confirmed its minimal exposure to the embattled BlockFi crypto lending firm.On Nov. 28, Silvergate announced that its deposit relationship with BlockFi is “limited to less than $20 million…

Nigeria's cryptocurrency regulations are currently in the process of being updated.

The price of Dogecoin (DOGE) rallied by roughly 25% on Dec. 20 as Tesla CEO Elon Musk once again drew attention to the meme-inspired cryptocurrency. Elon Musk and his enthusiasm toward Dogecoin is a long-running meme. Every once in a while, Musk likes to tweet about Bitcoin (BTC) and the crypto market. When he does, the…

Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAttention turns to Bitcoin vs. CPI "big trigger"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to come closer to $17,000 after passing the level overnight.The pair reacted badly to…

The rollout of the Polkadot protocol has been ongoing since August, when the project launched its Rococo testnet. 774 Total views 7 Total shares Kusama, sister chain to Polkadot’s platform, is ready for the rollout of parachains on the network.Polkadot and Kusama creator Gavin Wood today said in a blog post that Polkadot was entering…

Binance's new Binance Account Bound token is aimed at many use cases in the decentralized society but will initially only serve as Binance KYC user credentials. 270 Total views 4 Total shares Binance cryptocurrency exchange is moving towards decentralized identity tools by launching its first-ever token designed to certify verified user status on the platform.Binance…