Another project of decentralized finance (DeFi) has been hacked. This time, the victim of hackers was Pickle Finance, as a result of which hackers withdrew $19.7 million in DAI tokens. After that, the rate of Pickle Finance’s own token fell by 50.12% to $10.17, although it then recovered slightly. The developers of the project wrote […]
Read MoreBlockApps, together with the pharmaceutical company Bayer, has launched the TraceHarvest system on the blockchain to track the supply chains of agricultural products. The developers said that TraceHarvest will allow you to track the entire “life cycle” of products: the origin of seeds, the conditions of their cultivation, harvesting and delivery to retail outlets. The […]
Read MorePresident of the People’s Republic of China Xi Jinping, during a meeting of the G20 leaders, called for a unified and open approach to national digital currencies. China is the leader in the development of state-owned cryptocurrency among major countries. Xi Jinping stressed that the digital currencies of central banks will allow “the development of […]
Read MoreCryptocurrency exchange KuCoin has fully restored customer service after the hack, including depositing and withdrawing money. Some crypto assets have withdrawal limits. Recall that on September 25, the exchange was attacked by hackers. The attackers withdrew crypto assets equivalent to $150 million at the time of the hack, and their current value is almost twice […]
Read MoreThe number of ETH on the Ethereum 2.0 deposit contract has increased significantly over the weekend. Currently, 293,700 ETH is blocked in the contract – more than half of the coins needed to start staking. Recall that to launch staking on the Ethereum network, it is necessary that ETH owners transfer 524,288 coins to a […]
Read MoreThe Turkish Ministry of Finance has started to work on regulating the cryptocurrency industry together with the Central Bank. Turkey positions itself as a country friendly to digital assets. However, the state is no longer ready to use a “wait-and-see” tactic, and since March 1, it has started active actions — the development of a […]
Read MoreOne of the largest US cryptocurrency exchanges, Flyxbit.com, headquartered in San Francisco, is working on its own exchange-traded investment fund (ETF) based on cryptocurrencies. The exchange is developing a new crypto-ETF with the support of one of the world’s largest investment companies, BlackRock. According to Insider, citing a knowledgeable source, Flyxbit.com aims to create an […]
Read MoreCanadian research firm BCA Research has identified several factors that pose a long-term threat to the bitcoin price, including environmental and regulatory concerns. According to the report, BCA Research believes that the energy-intensive nature of BTC mining and potential regulatory hurdles could hinder bitcoin’s progress to the point that the cryptocurrency could eventually ” lose […]
Read MoreInvestors have filed a class-action lawsuit against money transfer service MoneyGram International, accusing it of making false claims about the XRP cryptocurrency and partnering with Ripple Labs. A class action lawsuit was filed against MoneyGram on behalf of investors who purchased MoneyGram securities between June 17, 2019 and February 22, 2021. Investors claim that MoneyGram […]
Read MoreThe Chicago Board Options Exchange (CBOE) has filed an application with the U.S. Securities and Exchange Commission (SEC) to list a VanEck bitcoin ETF if approved by the regulator. This week, it was reported that in January, the CBOE filed a form19b-4 with the SEC asking it to allow the listing of the VanEck bitcoin […]
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