Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit

The Ontario Securities Commission (OSC) has initiated a probe into Canada’s major cryptocurrency exchange QuadrigaCX, Reuters reported on Feb. 8.The Ontario Securities Commission reportedly told Reuters that “given the potential harm to Ontario investors, we are looking into this matter and have already been in contact with the monitor.” OSC spokeswoman Kristen Rose reportedly declined…

Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray. 232 Total views 1 Total shares Former FTX executives allegedly splurged millions on funding niche projects completely unrelated to crypto or Web3, including a uniquely named $1.8 million “Pineapple house.”A June 26…

The gender disbalance in the crypto space is still huge, though it is in our hands to make it more inclusive for everyone. 198 Total views 8 Total shares If we want to democratize finance, we need to start with practical initiatives. As women in the industry, what can we do to expand our reach…

The cryptocurrency exchange will look to provide stability during Ethereum's Merge with the Beacon Chain by instituting a number of temporary measures. 134 Total views 27 Total shares Cryptocurrency exchange Binance will suspend deposits and withdrawals of Ether (ETH) and ERC-20 tokens during the blockchain's transition to its proof-of-stake (PoS) Beacon chain in September.The world's…

Bitcoin (BTC) price continues to sell-off and the knock-on effect is an even sharper correction in altcoins and DeFi tokens. At the time of writing, BTC price has sank to its lowest level in 6 months and most analysts are not optimistic about an immediate turn around. Data from Cointelegraph Markets Pro and TradingView shows that a wave…

Japanese blockchain development company Crypto Garage announced it had gained regulatory permission to trial its settlement system using Blockstream’s Liquid Sidechain, Cointelegraph Japan reported Jan. 21.Crypto Garage, which claimed to be the first such blockchain finance project to get the green light under the Japanese government’s regulatory sandbox scheme, will now conduct a one-year pilot…

“It’s the first major game that utilizes the Litecoin blockchain for all of its interactions,” said LTC creator Charlie Lee. In an online event prepared by the Litecoin Foundation on Sept. 15, Litecoin (LTC) creator Charlie Lee and CipSoft CEO Stephan Vogler announced the release of LiteBringer, a role-playing fantasy game which runs on top…

This week various media reported that U.S. Treasury Secretary Steven Mnuchin was considering whether or not legislation governing self-custodied wallets should be implemented. This led some analysts and crypto pundits to speculate whether or not this would impact Bitcoin, and the current bullish momentum that has been driving crypto prices higher.  The threat of new…