Multichain’s ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
The multimillion-dollar exploit of cross-chain bridge protocol Multichain could have been an internal rug pull, according to blockchain security and...
Blockchain News
Multichain attack triggers Twitter phishing scheme for FTM distribution
Hackers continue their relentless attacks, displaying no signs of slowing down. Shortly after the Multichain hack, scammers started spreading a...
XRPL grows in Q2 despite SEC lawsuit concerns: Report
Despite lingering concerns over the Ripple vs. SEC lawsuit, The XRP Ledger (XRPL) has demonstrated significant growth in multiple areas...
Ripple Labs to revolutionize real estate industry through tokenization
Digital payments and blockchain technology company Ripple Labs has announced an initiative to transform the real estate industry using tokenization.Antony...
Nigerian crypto tax move is ‘premature’ — Local stakeholders
The president of the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), Obinna Iwunna, has commented on the implementation of...
Crypto’s Indiana Jones? Coinbase exec helps recover $322K of once-lost crypto
It’s not every day that one suddenly becomes $322,000 richer — but for one lucky crypto investor, this is exactly...
South Africa to mandate crypto exchange licenses by end of 2023: Report
South Africa’s financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by...
US crypto regulatory uncertainty could be Hong Kong’s gain — Yat Siu
Industry experts believe Hong Kong’s shifting attitude toward blockchain technology, cryptocurrencies and Web3 could entice businesses away from the United...
Hut 8 relocates 6,400 rigs, sees growth in AI and high-performance computing
Hut 8 Mining is seeing new demand for artificial intelligence (AI) and high-performance computing as it looks to reenergize some...
Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
Cryptocurrency exchange Bittrex has submitted a motion to dismiss in its legal dispute with the United States Securities and Exchange...
Kraken ordered by court to disclose user data to IRS for tax compliance
A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS),...
Blockchain Australia CEO calls for unified efforts to stamp out crypto scams
Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to...
Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact...
Sony Network invests in Japanese Web3 startup to spur mass adoption
Sony continues to make its mark in the emerging technologies space with its recent announcement of a new investment in...
Digital pound will be pseudonymous with a focus on privacy: BoE CBDC chief
The Bank of England (BoE) has made significant developments in its central bank digital currency (CBDC) program. Tom Mutton, director...
Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF
A renewed call from the Financial Action Task Force has asked countries to implement the “Travel Rule” to combat money...
Terra Allies’ Six Samurai team aims to revive the ecosystem
After a joint governance proposal on liquid staking derivatives in Terra Classic (LUNC), a new proposal emerged for the next...
Shiba Inu burn Twitter account experiences suspension
The Shiba Inu (SHIB) burn tracker Twitter account, Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended....
Casa launches multisignature Ethereum self-custody vault
Cryptocurrency self-custody platform Casa has rolled out support for Ether (ETH) storage, touting its support for multisignature Bitcoin (BTC) and...
Ripple gets in-principle nod for digital asset services in Singapore
Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token...
Czech automobile conglomerate Škoda Auto launches NFT platform
On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launched a Web3 and nonfungible token...
AI has a ‘symbiotic relationship’ with blockchain: CEO, Animoca Brands
Artificial intelligence (AI) has become a hot topic in public discord both in and outside of the emerging tech industry,...
