Grayscale to launch US XRP trust, paving way for potential ETF

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was filled with bullish resurgences for many projects, but it was the Uniswap founder’s $650 billion HayCoin (HAY) burn — 99% of the

Opportunistic cybercriminals are capitalizing on the death of basketball legend Kobe Bryant earlier this week by setting booby-traps for those searching for mementos of the star. According to a tweet by Microsoft Security Intelligence on Jan. 31, hackers are hiding malicious html code containing a cryptojacking script in desktop wallpaper of the NBA all-time great.Cryptojacking…

Hackers stole over 5,000 email addresses from Coinsquare’s database and aim to use it for SIM swapping. 1174 Total views 38 Total shares Hackers stole almost 50,000 email addresses from Canada-based cryptocurrency exchange, Coinsquare. Now, they’re hoping to use the data to perform SIM swapping attacks.One of the alleged hackers involved in the attack spoke…

San Francisco-based cryptocurrency exchange Kraken’s users are experiencing difficulties with connecting to the site and application programming interface (API).In a tweet published on Aug. 13, Kraken warned the public that it is receiving reports of clients having issues connecting to the site and API. The exchange further states that it is investigating the issue and…

The team migrated the POL token contract to the Ethereum network, paving the way for it to replace MATIC in the future. 637 Total views 7 Total shares Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an October 25 announcement. The new token is intended to replace the

As the value and popularity of digital assets continue to rise, cybercriminals are incentivized to exploit any vulnerabilities they can find.

With many crypto exchanges in South Korea now on a precipice as a new regulatory framework kicks in, some are threatening to sue the government over its alleged shirking of key responsibilities. With the implementation of new rules from South Korea’s Financial Services Commission (FSC), many smaller cryptocurrency exchanges in the country fear they will…

AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks paring a portion of its recent gains as a key technical indicator, dubbed the relative strength index…

On March 7, news broke that Denver is slated to become the second United States jurisdiction to pilot a blockchain-powered mobile voting platform in its upcoming municipal election. Absentee voting will start on March 23 and will run until the Election Day, May 7. The announcement came almost exactly one year after the first initiative of…