WazirX slams external forces for delaying restructuring efforts
This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.
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Galaxy Digital raises $500 million in convertible debt to fund business expansion
The move comes after the company increased its net profits by over ten-fold in the last quarter. 345 Total views 15 Total shares Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives.…

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Tron, Bitcoin SV: Price Analysis, March 6
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Crypto companies are attracting talent from traditional industries. This shows…

Gold and Bitcoin eye inflation-adjusted all-time highs… but it’s taken gold 40 years
Taking U.S. dollar devaluation into account, Gold has still not reached the all-time price high it set in 1980. 591 Total views 1 Total shares Gold bug and Bitcoin (BTC) skeptic Peter Schiff was just 17 years old when the yellow metal set its true all-time price high. Meanwhile, Bitcoin, a much younger asset, sits…

Russia’s largest bank issued gold-backed digital financial assets
The issuance became the second major operations of the bank with the new class of assets. 652 Total views 16 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTRussia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to…

Texas Regulator Issues Cease and Desist Order to Crypto Investment Firm FxBitGlobe
An official notice from Texas State Securities Board, dated April 9, shows that the regulator has issued an emergency cease and desist order against cryptocurrency and foreign currency trading platform FxBitGlobe.According to the order, the firm, which markets itself as an investment company, reportedly published forged government documents, used a fake address and falsely claimed…

Era Lend on zkSync exploited for $3.4M in reentrancy attack
The lending app was drained of funds using a “read-only reentrancy” bug, a type of vulnerability that is often difficult for auditors to spot. Lending app Era Lend on zkSync has been exploited for $3.4 million worth of crypto, according to a July 25 report from blockchain security firm CertiK. The attacker used a “read-only…

Bancor Seeks to Exclude US Users From Trading Over Regulatory Uncertainty
Decentralized exchange platform Bancor plans to restrict United States residents from trading tokens on July 8, the company confirmed in a blog post on June 18.Citing a lack of clarity from regulators, executives said they took the decision to ban all users with a U.S. IP address from exchanging cryptocurrency.“This decision has been made in…

How generative AI allows one architect to reimagine ancient cities
The emergence of generative artificial intelligence (AI) has presented modern society with new means for understanding and visualizing the world.Meta, the parent company of social media platforms Facebook and Instagram, recently introduced new AI video and image-generating tools for creators, while OpenAI updated the premium version of its popular AI model ChatGPT to include powerful