Tensions in DeFi industry exposed by LayerZero’s anti-Sybil strategy

As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements.

Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product.To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according to a press release on Oct.…

Passing on your crypto to your friends or family has been a worry to some, but an exchange claims that they have the solution. 1155 Total views 23 Total shares When Bitcoin (BTC) traders pass away, their BTC may forever be lost within the blockchain if they haven't given anyone else access to their wallets.…

Selling or transacting your Bitcoin isn’t worth the tax burden, according to the CEO of Ark Invest. 1036 Total views 8 Total shares Cathie Wood, the founder and CEO of Ark Invest, is cautioning investors not to sell or transact their Bitcoin (BTC) until the United States Internal Revenue Agency, or IRS, introduces more sensible…

Singapore Exchange Limited (SGX), along with the Monetary Authority of Singapore (MAS), have successfully tested the use of blockchain technology for tokenized assets settlement, according to a SGX release issued Sunday, Nov. 11.The report reveals the data on the trial that began in August, shortly after MAS and SGX had partnered with U.S. stock market…

Traders and analysts across the Twittersphere and beyond chime in on crypto's future 106 Total views 1 Total shares While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden. But…

The 23-year-old is wanted by the police after allegedly faking his own kidnapping and stealing his clients' funds. 433 Total views 45 Total shares Venezuelan authorities are on the lookout for a scammer accused of disappearing with 23.66 Bitcoin (BTC) worth $1.15 million from his clients’ accounts after faking his own kidnapping.On Aug. 29th, Douglas…

Bitcoin (BTC) remains a popular institutional investment target in July, but the money is not betting on a bright future.According to data from research firm Arcane Research published July 6, institutional flows focused on products offering exposure to shorting BTC in the first week of the month.Shorting Bitcoin is the name of the gameSince launching…

A security breach has resulted in the loss of 2,675.73 XMR from Monero's community crowdfunding wallet. The cause and source of the breach remain unidentified. 319 Total views 3 Total shares A recent attack compromised Monero’s community crowdfunding wallet, wiping out its entire balance of 2,675.73 Monero (XMR), worth nearly $460,000.The incident took place on