Wednesday, March 22, 2023

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Collins Adane

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On-Chain Sleuth Identifies $8 Million Platypus Hacker Within Hours

On-chain sleuth ZachXBT has apparently identified the attacker behind the exploit on Platypus. The attacker exploited the Platypus USD stablecoin to the tune of $8...

Nomura’s Laser Digital Ventures in Infinity DeFi Lending Protocol

Nomura’s crypto arm invests in DeFi lending protocol Infinity. The firms made no indication of the total amount of the investment. Nomura established Laser Digital amid...

Solana NFT Platform Magic Eden Dismisses 22 Staff Members

Magic Eden announces the dismissal of 22 staff members due to company-wide restructuring. The reduction in the workforce was part of the crypto economy’s continuing...

Blockchain Association Files Amicus Brief in Insider trading Case

Blockchain Association has filed an amicus brief in an insider trading case. The SEC allegedly denied the creators of the tokens in question the opportunity...

dydx Community Set To Vote On 45% Reduction In Trading Rewards

The dydx community will begin voting on a proposal by Wintermute later today. The governance proposal seeks to reduce trading rewards for $DYDX trading by...

UAE Bank Launches Financial Infrastructure Transformation Program

The Central  Bank of the UAE launches Digital Financial Initiatives via Financial Infrastructure Transformation Programme (FIT). The FIT program includes nine key digital finance initiatives...

NYDFS Orders Paxos To Stop Issuing Binance USD Stablecoin

The New York Department of Financial Services has ordered Paxos to stop issuing BUSD. Paxos will continue to manage redemptions and services related to the...

TMRW Conference Completed Its Spectacular Debut in Dubai

TMRW conference powered by 2142, the largest emerging tech event, just delivered its groundbreaking debut edition in Dubai. More than 2,000 visitors and 10,000...

BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin

The Securities and Exchange Commission is reportedly planning to sue crypto firm Paxos. The enforcement action revolves around Binance’s BUSD stablecoin which is issued by...

CleanSpark To Continue Acquisition Spree Amid Bear Market

Bitcoin miner CleanSpark recently posted its earnings call for Q1 FY2023. The firm plans to continue buying up mining company assets to accelerate its growth. CleanSpark...

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