On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been “affected by the attack.” Defi Project Vee Finance Suffers a Loss of $35 Million…
The central bank of Ukraine has moved to support the development of the cryptocurrency industry after the Ukrainian parliament adopted a major crypto law in early September.The National Bank of Ukraine (NBU) issued Sept. 13 an official statement on basic principles of monetary policies for the upcoming year, paying particular attention to the regulation of cryptocurrencies.The central bank emphasized that…
The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend program. The exchange wrote: Our goal is to create great products for our customers and…
Riccardo Spagni, the former lead maintainer of the privacy coin Monero, has reported U.S. officials have released him after more than a month in custody.In a Sept. 21 tweet, Spagni said he was working with his legal team to return to South Africa to address the allegations against him. Authorities in the U.S. arrested Spagni in August on fraud charges…
Bitcoin (BTC) won’t be making Galaxy Digital CEO Mike Novogratz “nervous” unless it dips below $40,000.In an interview with CNBC on Sept. 21, the infamously bullish investor calmed fears about the latest sell-off across cryptocurrency.Novogratz on institutions: “I see nothing but engagement and activity”Despite the macro environment wobbling over China and Bitcoin shedding up to 10% this week, there are…
Blockchain intelligence platform Metrika has concluded a $14 million Series A fundraiser to bootstrap the next phase of its growth strategy, further underscoring venture capital demand for budding blockchain startups. Metrika announced Tuesday that the funding will be used to further develop its blockchain intelligence platform, which provides monitoring and analytics for decentralized networks, as well as expand its user base.…
Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in the theft of funds worth millions of dollars, faces possible extradition to Kazakhstan. Prosecutor’s Office Confirms Vasiliev Is in Custody in Poland Dmitry Vasiliev, who once managed the largest Russian…
German stock market operator Deutsche Boerse continues diving into the cryptocurrency derivatives by listing three new crypto exchange-traded notes (ETN) by VanEck.Deutsche Boerse officially announced on Tuesday that VanEck’s new ETNs on Polkadot’s DOT, Solana (SOL) and Tron (TRX) are now tradable on its digital stock exchange, Xetra, and the Frankfurt Stock Exchange.The new listings expand Deutsche Boerse’s crypto ETN offerings…
We are excited to announce that Kraken now supports Apple Pay and Google Pay in the Kraken App. At Kraken we are committed to continually offering faster, easier and more convenient ways for our clients to buy crypto. The Kraken App (available in the Apple App Store or Google Play Store) will automatically connect with your existing Apple Pay or…
sponsored Crypto users access their wallets and exchanges day in and day out and making sure it remains secure is one of their top concerns. While most of these apps have great security features like multi-factor authentication and biometrics, what happens to your data while it travels through the network is still an area of concern. This is where a…
