ICO news

Radiant Capital halts Arbitrum markets after reported $4.5M flash loan attack

• by admin
• January 3, 2024

Blockchain security firms said the issue was caused by a “known rounding issue” in the codebase. Cross-chain lending protocol Radiant Capital has paused its lending and borrowing markets on Arbitrum after receiving reports of a $4.5 million exploit affecting one of its newly created USDC Coin (USDC) markets. “Today, we received a report of an […]

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Bitcoin is up 170% since the ECB called its ‘last gasp’ at $16.4K

• by admin
• December 7, 2023

Bitcoin completely contradicts what the European Central Bank warned about in late 2022. Bitcoin BTC $43,520 has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.” As noted by crypto proponent Eric Wall and others on Dec. 4, BTC price action has done the complete opposite of economists’ predictions. ECB […]

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Polygon Labs and Near announce ZK prover for WASM integration

• by admin
• December 4, 2023

The Polygon CDK will soon include a “zkWASM” prover, allowing Web Assembly networks to integrate with the broader Polygon ecosystem. The developers of the Near and Polygon networks are teaming up to create a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains, according to a joint announcement on Nov. 8. The new prover, called “zkWASM,” […]

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Setting new standards for crypto exchanges in the post-FTX era: Report

• by admin
• December 3, 2023

In an industry that is growing increasingly wary of financial malpractice, which exchange is the most trustworthy? The year 2022 saw a historic breakdown of trust in exchanges and other crypto service providers. The collapses of Sam “SBF” Bankman-Fried’s FTX and Alex Mashinsky’s Celsius are still fresh in the community’s memory, with SBF’s criminal trial only […]

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Simplifying blockchain: How better developer tools can foster financial inclusivity globally

• by admin
• November 29, 2023

Blockchain is becoming more accessible to developers, making it easier to create real-world financial solutions. Blockchain technology, with its complexity, often pushes people away instead of drawing them in. The Stellar Development Foundation, a nonprofit foundation that supports the Stellar blockchain, is leading the way to making this technology user and developer-friendly with real-world solutions […]

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Spain to implement MiCA six months ahead of July 2026 deadline

• by admin
• November 23, 2023

The country said EU crypto rules will come into force in December 2025, ahead of the general deadline for implementing MiCA for all 27 member states of the EU. The Spanish Ministry of Economy and Digital Transformation reported that the first comprehensive European Union crypto framework, the Markets in Crypto-Assets (MiCA) Act, will come into […]

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Binance CEO warns of phishing scams as Uniswap founder gets hacked

• by admin
• October 25, 2023

The number of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently. News Binance CEO Changpeng “CZ” Zhao is the latest figure in the cryptocurrency industry to warn against the increasing number of phishing attacks. CZ took to Twitter on July 21 to warn his readers about phishing […]

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Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens

• by admin
• October 23, 2023

he charity campaign aims to raise funds for humanitarian aid to help civilian Israelis affected by the recent conflict. News A collective of local leaders in the cryptocurrency space have joined together ​​to establish Crypto Aid Israel, a global fundraiser to help displaced Israeli citizens in need of humanitarian aid. The collective includes 42Studio, MarketAcross, […]

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Sam Bankman-Fried just like Bernie Madoff, Cardano founder says

• by admin
• October 10, 2023

Charles Hoskinson likened SBF to Bernie Madoff, the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a “free pass.” Cardano founder Charles Hoskinson has likened former FTX CEO Sam “SBF” Bankman-Fried to infamous American fraudster Bernie Madoff and accused the media of giving the former FTX CEO a “free […]

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Binance to shut down BUSD lending by October 25

• by admin
• October 9, 2023

The move is part of a phased termination of BUSD support by February 2024. Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25. According to the October 3 announcement, the exchange will close all outstanding BUSD loan and collateral positions by the end of the […]