LiFi Protocol is under attack, $8M drained so far

Gibraltar-based cryptocurrency exchange Huobi has received the regulatory greenlight to offer its services in Australia. 238 Total views 16 Total shares Crypto exchange Huobi can begin offering cryptocurrency exchange services in Australia after its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) on Aug. 1. This means…

Blockchain could help shared device merchants avoid credit card fees, MasterCard says. MasterCard's Singapore-based subsidiary filed a patent with the U.S. Patent Office detailing a payment system for using hardware devices that specifically mentions Iota's (MIOTA) Tangle technology. The patent claim, published on Aug. 20, proposes a pay-as-you-go system that uses a "transparent data storage system…

The Ministry of Finance in Austria is considering establishing a regulatory sandbox for the fintech industry, Cointelegraph auf Deutsch reports on April 26.The country’s Finance Minister Hartwig Loeger said that the FinTech Advisory Council — which was formed by the Ministry of Finance last year —  will aid in the development of relevant rules to…

Bankrupt crypto exchange FTX has announced it will be “resuming ordinary” cash payments, salaries and benefits to its remaining employees around the world.The announcement came from new FTX CEO John Ray III on Nov. 28, as the insolvency professional looks to help FTX and its approximated 101 affiliated companies (FTX Debtors) navigate their way through…

XRP (XRP) price may rally over 20% in the coming weeks thanks to a classic bullish continuation setup.XRP price enters bull flag breakout stageThe so-called bull flag pattern develops when the price consolidates inside a parallel channel after a strong uptrend. It resolves after the price breaks above the upper trendline with convincing volumes and

Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations.

Japan’s newly appointed Financial Services Agency Commissioner Junichi Nakajima believes Bitcoin is a quick way to transfer cash, but people use BTC for speculation and investment. 443 Total views 179 Total shares The new commissioner of Japan’s Financial Services Agency (FSA), Junichi Nakajima, believes the country needs to think carefully before making Bitcoin (BTC) and other…

Audited or not, DeFi DApps present risks Andre Cronje, the creator of Yearn.Finance, has recently made security audits of his project publicly available. He explained to Cointelegraph that he had been previously withholding these audits, which were completed months ago, so as to not give users a false sense of security:I always refused to publish the audits…

Swiss asset manager Julius Baer is set to offer cryptocurrency exposure to its high-net-worth clientele. 292 Total views 15 Total shares The 132-year-old Swiss asset management firm, Julius Baer, intends to offer exposure to cryptocurrencies and decentralized finance (DeFi) for its high net-worth clients.The firm’s CEO Philipp Rickenbacher confirmed the move into the cryptocurrency space…