Frax Finance X hacked, CEO suspects ‘inside job’ at Elon Musk's office

According to insiders, 50% of uninsured deposits will be paid out by next week. 889 Total views 5 Total shares Own this piece of history Collect this article as an NFTAccording to a post on Mar. 11 by Bob Elliot, chief investment officer of Unlimited Funds, relief efforts may already be underway less than 72…

Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO. 4868 Total views 20 Total shares Major European Bitcoin (BTC) mining company Northern Data is reportedly considering going public in the United States.Germany-based Northern Data is planning to raise up to $500 million in the initial…

The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year. 770 Total views 2 Total shares The issuer of stablecoin Tether will discontinue its Bitcoin Omni Layer version, citing a lack of interest from users. This Bitcoin version of Tether (USDT) was one…

IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network.1,000 times fasterIn an email sent to Cointelegraph, IDEX claims that its system, dubbed Optimized Optimistic Rollups (O2Rs), reaches block finality in 10 minutes. The company also says that this is…

The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries.

The two firms were part of a consortium of DeFi projects that founded the financial inclusion and education initiative DeFi for the People in August. 0x protocol and Celo blockchain have announced a joint partnership to allocate $4.5 million — consisting of $3 million CELO and $1.5 million ZRX — towards the growth of 0x’s…

The official Portuguese shop of Chinese electronics giant Xiaomi has partnered with Utrust to unlock payments in five cryptocurrencies. 1123 Total views 66 Total shares Chinese electronics manufacturer Xiaomi is the latest global company to get involved in the cryptocurrency industry as its official Portuguese shop now accepts Bitcoin (BTC) payments.Mi Store Portugal, the official…

Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau (SRB) for its Ethereum-based stablecoin, Reuters U.K. reports Nov. 12.SRB is a leading Sharia consultancy and audit firm licensed by the central bank of Bahrain. It reportedly has a presence in twelve countries, and holds the market share of over 13…