Indian crypto exchange Mudrex clarifies on halting crypto withdrawals
Mudrex reported a 200% yearly increase in its user base, surpassing 3 million.
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According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024.
Coinbase CEO champions DeFi, calls for court action to set legal precedent
Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission (CFTC) to avoid taking enforcement actions against (DeFi) protocols. 133 Total views 2 Total shares Coinbase CEO Brian Armstrong has expressed his endorsement of decentralized finance (DeFi) protocols. In a recent social media post, Armstrong urged the DeFi protocols to consider legal
BitPay’s Copay Wallet Compromised by Malicious Code, Firm Issues Advice for Users
Crypto payment processor BitPay issued advice on its official blog yesterday, Nov. 26, for users of its open-source Bitcoin (BTC) wallet Copay, which has reportedly been compromised by malicious code.The vulnerability pertains to a third-party Node.js module, also known as an “event stream,” which is used in versions 5.0.2 through 5.1.0 of BitPay’s Copay and…
Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost large sums as a result of the depegging of stablecoins. 193 Total views 5 Total shares A class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin…
OpenAI promises to fund legal costs for ChatGPT users sued over copyright
OpenAI joins Google, Microsoft and others in legally backing their users if they face legal action over copyright infringement. 73 Total views 1 Total shares OpenAI says it will cover the legal costs for business-tier ChatGPT users that find themselves in hot water over copyright infringement.OpenAI is calling its pledge Copyright Shield which only covers
Coinbase says it will ‘evaluate any potential forks’ following the Merge
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Coinbase to track off-platform crypto transfers in Canada, Singapore, Japan
Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets. 402 Total views 5 Total shares Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan. Effective from April 1, Coinbase users from Canada, Singapore and Japan will be…
Chinese Alcohol Wholesaler Testing Anti-Counterfeiting Blockchain Solution
Oranco, a Chinese alcohol wholesaler and marketer that specializes in Fenjiu liquor and imported wines, is currently testing a blockchain solution to guarantee the authenticity of its products.According to a press release on July 26, Oranco subsidiary Fengyuang Huaxin Liquor Development partnered with the blockchain- focused company Guangzhou Silicon Technology (GSTC) almost one year ago.…