DeFi Protocols Release Post-Mortem Reports and Updates Following Major Domain Attack

DeFi Protocols Release Post-Mortem Reports and Updates Following Major Domain Attack

In response to a significant domain attack involving vulnerabilities in the recently acquired Squarespace domain hosting service, several DeFi protocols have issued detailed post-mortem reports and updates. The attack, which exploited these vulnerabilities, prompted an immediate and coordinated response from affected projects to secure their platforms and reassure their user base. Domain Attack Exposes Vulnerabilities, ... Read more
Nigerian Court Schedules Binance Tax Evasion Verdict for October

Nigerian Court Schedules Binance Tax Evasion Verdict for October

A Nigerian court has slated October 11 for the verdict in the tax evasion case against cryptocurrency exchange Binance. Presiding judge Emeka Nwite announced the schedule on Friday. Binance Faces Multiple Tax Evasion Charges Binance is contending with four counts of tax evasion, including the failure to register with Nigeria’s Federal Inland Revenue Service (FIRS). ... Read more
Daily Crypto News Digest: Market Trends, Security Issues, and Innovations

Daily Crypto News Digest: Market Trends, Security Issues, and Innovations

Global Crypto Market Trends and Top Performers Today, the global cryptocurrency market capitalization is down by 0.7%, standing at $2.22 trillion. Among the top 100 coins, there is a slight predominance of decliners over gainers. Biggest Decliners: BONK fell 9.9% to $0.00002302, Render (RNDR) dropped 7.6% to $5.87, with other coins seeing drops around 7%. ... Read more
Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads the Charge

Crypto Trading Volume to Surpass $108 Trillion in 2024, Europe Leads the Charge

A recent CoinWire study has highlighted the impressive growth trajectory of the cryptocurrency market, projecting global trading volumes to exceed $108 trillion by the end of 2024. Europe is expected to play a significant role in this expansion. Global Crypto Trading Volume Forecast with Europe Leading The study forecasts a substantial 90% increase in global ... Read more
Blockchain Payment Network Partior Secures $60M in Series B Funding

Blockchain Payment Network Partior Secures $60M in Series B Funding

Partior, a leading blockchain payment network backed by major banking institutions such as JPMorgan, DBS, and Standard Chartered, has successfully raised $60 million in a Series B funding round. Funding Round Details The investment round was spearheaded by Peak XV Partners and included contributions from Valor Capital Group and Jump Trading Group. Additionally, JPMorgan, Standard ... Read more
FTX Lawyers Challenge Jump Trading’s $264M Claim Over Unmaterialized Alameda Loan

FTX Lawyers Challenge Jump Trading’s $264M Claim Over Unmaterialized Alameda Loan

The FTX bankruptcy estate is contesting a $264 million claim made by Tai Mo Shan, a subsidiary of Jump Trading, concerning an undelivered loan of 800 million Serum (SRM) tokens from Alameda Research. Dispute Over Unmaterialized Serum (SRM) Token Loan FTX's bankruptcy estate is defending against a substantial claim from Jump Trading’s subsidiary, Tai Mo ... Read more
Tether and VBA Partner to Advance Blockchain Education in Vietnam

Tether and VBA Partner to Advance Blockchain Education in Vietnam

USDT stablecoin issuer Tether has announced a strategic partnership with the Vietnam Blockchain Association (VBA) to enhance blockchain and cryptocurrency education in Vietnam. This collaboration aims to provide public stakeholders with valuable insights into the emerging technology through a series of workshops and conferences. Strategic Partnership to Foster Blockchain Knowledge Tether Operations Limited, the company ... Read more
Team Behind Polygon ID Launches Privado ID Wallet for Faster Verification

Team Behind Polygon ID Launches Privado ID Wallet for Faster Verification

Privado ID, formerly known as PolygonID, has introduced the Privado ID Web Wallet, promising a 50% faster identity verification process. This launch marks the first product release since the company spun off from Polygon Labs and rebranded in June. Privado ID focuses on digital identity solutions, leveraging cryptography and zero-knowledge proofs (ZKPs) to protect personal ... Read more
Daily Crypto News Digest: Market Rebounds, Worldcoin Launches, and New Security Initiatives

Daily Crypto News Digest: Market Rebounds, Worldcoin Launches, and New Security Initiatives

Why is Crypto Up Today? After a prolonged downturn, the cryptocurrency market is experiencing a resurgence. The global cryptocurrency market capitalization has increased by 3.4% in the past 24 hours, reaching $2.22 trillion. Trading volume over the last day stands at $111 billion. Notably, nearly all of the top 100 cryptocurrencies are in the green ... Read more