Blockchain
- Companies
Hong Kong’s Hex Trust Strengthens European Presence with French Registration as Crypto Custodian
Hex Trust, a digital asset custodian based in Hong Kong, has extended its presence in Europe through obtaining regulatory approval…
Read More » - Reports
Tether Posts Record $850 Million Q2 Profit Amidst $72 Billion US Treasuries Exposure
Tether Holdings Limited, the issuer of the USDT stablecoin, disclosed a Q2 profit of $850 million, adding to its total…
Read More » - Crypto Exchanges
Binance Conducted $90 Billion Monthly Transactions in Restricted Chinese Market Accounting for 20% of Worldwide Volume
According to internal data and sources within the exchange, Binance users engaged in cryptocurrency-related transactions worth $90 billion in a…
Read More » - Crypto Exchanges
FTX Creditors Discontent with Bankruptcy Exit Plan
The association representing FTX customers expressed deep dissatisfaction with the exchange’s draft bankruptcy exit plan, asserting that their input was…
Read More » - MENA News
Laser Digital Receives First VASP License from VARA, 6 More to be Granted in the Coming Weeks
The Virtual Asset Regulatory Authority (VARA) of Dubai has embarked on a bustling summer, preparing for a series of momentous…
Read More » - Global News
Private Equity Firms in the Middle East Embrace Web3 Technologies for Continued Relevance
The sharp decline of nearly $3 trillion in web3-related asset value, representing over 70% shrinkage, has been unsettling, to say…
Read More » - Government
SEC Files Lawsuit Against Hex Founder Richard Heart for Alleged $1 Billion Unregistered Securities Offering
The Securities and Exchange Commission (SEC) has brought charges against Richard Heart, the founder of the cryptocurrency project Hex, on…
Read More » - Policies & Regulations
IRS Ruling: Crypto Staking Rewards Subject to Taxation Upon Receipt
The United States’ top tax authority has recently issued a new directive concerning crypto investors. As per this ruling, those…
Read More » - DeFi
Ethical Hacker Saves the Day: Recovers $5.4M for Curve Finance Amid Exploit, Unmasks Fake Refund Scam
An ethical hacker, known as a white hat hacker, successfully acquired approximately 2,879 Ether (ETH), equivalent to $5.4 million at…
Read More » - DeFi
Massive Exploitation: Over $47M Drained from Curve Finance Pools Amid Reentrancy Vulnerability
On July 30, a significant security breach occurred on several stable pools on Curve Finance that employed Vyper, leading to…
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