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Elon Musk, a well-known supporter of Dogecoin, is facing legal heat from Dogecoin investors who are accusing him of insider trading. This lawsuit reveals a new twist in Musk’s relationship with Dogecoin,…
The U.S. Senate passed the debt ceiling bill late Thursday, granting permission for the country to borrow further. The bill was supported by 44 Democrats, 17 Republicans, and 2 independents, resulting in…
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) have joined forces to regulate virtual assets and promote the development of financial technology. On May…
Bybit, a prominent cryptocurrency exchange, continues to broaden its reach as it gains preliminary approval from regulatory authorities in Kazakhstan. On May 29, the exchange confirmed its ‘in-principle’ authorization from the Astana…
Jimbos Protocol, a decentralized finance (DeFi) protocol in the crypto industry, has recently joined the growing list of hacked DeFi platforms. The hack, which occurred on the morning of May 28, resulted…
Nanjing, the capital of China’s Jiangsu province, has taken a pioneering step in launching a government-supported metaverse platform, named the China Metaverse Technology and Application Innovation Platform. This initiative, spearheaded by the…
The chief security officer of Binance has warned that the sophisticated use of deepfake technology in crypto fraud is on the rise. Fraudsters are utilizing this technology to evade Know Your Customer…
After facing severe backlash from the cryptocurrency community, Ledger, a provider of hardware wallets, has announced a delay in the release of its new key recovery feature. Pascal Gauthier, Ledger’s CEO, informed…
In a significant setback for decentralized crypto mixer Tornado Cash, a rogue actor managed to gain complete control of the governance through a harmful proposal. The attacker succeeded in adding 1.2 million…
Bitcoin payment application Strike, helmed by entrepreneur Jack Mallers, is widening its horizons with an expansion into 65 worldwide markets. This move comes in addition to its existing presence in the United…
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