Sky faces scrutiny over potential $756M exploit flaw
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency.
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Put your hands up! Interpol storms into the Metaverse
Interpol’s metaverse is up and running and has been designed to streamline communication between various units, along with providing an avenue to conduct education and training. 168 Total views 20 Total shares The International Criminal Police Organization (Interpol) is putting on its virtual reality headsets as it prepares to crack down on an expanding list…
SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’
SEC chairman Gary Gensler promoted cooperation between Europe and The United States in seeking to regulate decentralized financial technologies. 159 Total views 3 Total shares Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets.Speaking…
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields. 549 Total views 39 Total shares The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has seen a surge in growth this year as Ether (ETH) holders chose to stake rather than liquidate.Despite ETH withdrawals being enabled with the
Spanish La Liga Club Atlético Madrid Is Launching a Fan Token
Spanish soccer team Atlético de Madrid — which plays in the top professional division of Spain’s soccer league, known as La Liga — is partnering with blockchain platform Socios.com to launch a fan token ecosystem. The news was revealed in a press release shared with Cointelegraph on Sept. 6.Atlético’s fan tokenAs previously reported, Socios has described…
China: Shenzhen Special Economic Zone to Use Blockchain for Electronic Tax Invoices
Shenzhen, a major city in the Guangdong Province and the first economic special zone in China, will use blockchain technology for electronic tax invoices. This development was reported by the China Economic Net, а domestic news website focusing on economics, on Dec. 12.The Shenzhen Municipal Taxation Bureau and Chinese tech giant Tencent have “successfully connected…
Bitcoin Approaches $3,600 Again as Top Cryptocurrencies See Gains
Wednesday, Jan. 23 — most of the top 20 cryptocurrencies are seeing slight to substantial growth on the day to press time. Bitcoin (BTC) is hovering near $3,600 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is up just over 1 percent on the day, trading at around $3,603. Looking at its weekly…