Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis

Gold continues to trade near its nine-year highs as investors hedge their portfolio against a possible devaluation of the U.S. dollar due to the expansive monetary policy of the Federal Reserve. Bitcoin (BTC), which has long been forecast as digital gold, is not finding favor among investors as it remains highly correlated with the U.S.…

Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government. 511 Total views 1 Total shares China’s digital yuan will utilize smart contracts, and will be built to counter Alipay-like payment platforms designed by the privately owned conglomerates, former People’s Bank of China director Yao…

The billion-dollar music industry is undergoing a major transition as artists begin to understand the potential of owning their work through nonfungible tokens (NFTs). Ashanti, the multi-platinum-selling singer, actress and co-founder of EQ Exchange — a women-led Web3 platform — recently shed light on this during a Cotton Candy Records meetup that took place on…

The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges. 162 Total views 3 Total shares The Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July 24 announcement, the new “xERC-20”…

A new “feature-rich ecosystem” has been created for privacy-conscious individuals who want to keep their communications confidential and their data secure.The team of networking technology enthusiasts behind Utopia say it wants to create an antidote to a world of total surveillance — delivering a platform that offers freedom, anonymity and no censorship.Utopia has been in…

Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company.The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on Jan. 31.The warning notice reads:“The CSSF…

Compromised WazirX devices provided "legit transaction details" to Liminal’s network, allowing the attacker to drain the exchange’s funds, the MPC provider claimed.

The new proposed class action alleges that SafeMoon recruited a number of celebrities to lure investors in with misleading promotions. 339 Total views 5 Total shares A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a classic pump and dump scheme relating to SafeMoon tokens.SafeMoon,…