Ripple co-founder leads $10M raise for decentralized clearing

xToken has been exploited for around $4.5 million following the latest attack targeting the DeFi protocol’s smart contracts. The decentralized finance project xToken has suffered another exploit over the weekend after hackers discovered a vulnerability in the smart contracts for its xSNX product.On Aug. 29, the xToken team reported that the attack had resulted in…

After first raising concerns about the wallet, Michael Benko noted he was pleased to finally get an official answer about the mysterious whale wallet. 665 Total views 7 Total shares After much speculation, the wallet hodling more than 22 billion of Axie Infinity’s total supply of in-game token Smooth Love Potion (SLP) has been identified…

David Guetta is selling his $14 million Miami beachfront apartment, and will accept payments in Bitcoin and Ethereum. 4299 Total views 15 Total shares Renowned French DJ David Guetta has put his luxury apartment on Miami Beach up for sale and will accept payments in Bitcoin and Ethereum. The three-bedroom 2528 square foot beachfront property…

After the FTX scandal focused the international spotlight on it, the Securities Commission of The Bahamas completes its regulator overhaul. 131 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Securities Commission of The Bahamas (SCB) published a draft of the Digital Assets and Registered Exchanges (DARE) Bill…

Taiwanese consumer electronics giant HTC has revealed plans to launch a second-generation model of its blockchain-centric smartphone before the end of 2019. The news was announced in a report from English-language Asian IT news source Digitimes on April 29.According to HTC’s chief decentralized officer Phil Chen, the development is a bid to boost smartphone sales…

Luiz Philippe de Orleans-Braganza, a descendant of the former royal family of Brazil, has spoken out against cryptocurrency regulation in the country, Cointelegraph Brazil reported on July 15.Orleans-Braganza, who is also a federal deputy in the Brazilian National Congress, spoke out during a special commission meeting wherein lawmakers discussed a bill that proposes a legal…

As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. 1759 Total views 9 Total shares Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Thursday letter is in response to the Treasury's recent proposal to make…

As the Bitcoin price dropped to sub-$7,000, technical analysts pointed out that BTC broke down from a crucial trendline dating back to March 16. While markets signal for short-term relief, traders foresee a severe pullback occurring for two key reasons despite less than three weeks remaining before the much-anticipated Bitcoin halving.The two compelling cases for…

HTX was drained of 5,000 ETH in late September, and moved swiftly to get the funds back from the hacker. 92 Total views 2 Total shares Huobi Global’s crypto exchange HTX has confirmed the return of the funds stolen by a hacker in late September and issued a 250 Ether (ETH) bounty after resolving the