On Dec. 26, blockchain security firm CertiK issued a warning alleging that Defrost Finance, a decentralized leverage-trading platform on the Avalanche blockchain that recently suffered an exploit, is an “exit scam.” The move came just as Defrost announced that “the hacker involved in the V1 hack [but not the v2 hack] has returned the funds.” …
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Major cryptocurrency mining pool BTC.com has suffered a cyberattack resulting in a significant loss of company and customer funds. The attack occurred on Dec. 3, with attackers stealing around $700,000 in client assets and $2.3 million in the company’s assets. The mining pool’s parent firm, BIT Mining Limited, made the official announcement on Dec. 26. BIT Mining …
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Italy is one of the cultural hubs of Europe, with centuries of history, art and culture. Now, it is also posed to create the crypto art Renaissance via its nonfungible token (NFT) market, says a new report. Data from Research and Market’s “Italy NFT Market Intelligence and Future Growth Dynamics Databook” says the country is …
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Near Protocol (NEAR) is trading below key levels as bearish sentiments continue to linger in the crypto market. The technical setup and oscillating indicators show […] Go to Source
Popular YouTuber Crypto Oliver reviewed new analytics and trading signals platform Dash 2 Trade and its native coin D2T which is on presale now. Within […] Go to Source
One of the key developers behind meme crypto Shiba Inu (SHIB) is hinting that the release of the much-anticipated SHIB layer-2 blockchain is near. The pseudonymous developer known as Shytoshi Kusama tells his 864,000 Twitter followers that Shibarium will be arriving “very soon.” “Happy Holidays to more than half the world. When Shibarium? Please know …
Wildly popular crypto analyst Guy of Coin Bureau is unveiling his forecasts for Ethereum (ETH) and Polkadot (DOT) as markets gear up for a new year. In a new Q&A update, Guy says that Ethereum’s Shanghai upgrade, which will allow ETH to be unstaked, could make 2023 a big year for the leading smart contract …
Traders looking forward to a rally during Christmas were disappointed as the markets turned out to be steady as many celebrated the holidays. Crypto community members expressed their disappointment by sharing memes, with some even employing their creativity through poetry. On Dec. 23, Data tracker Coinstats shared an image showing positive market movements and floating …
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Japanese regulators are reconsidering some major cryptocurrency restrictions related to the use of stablecoins like Tether (USDT) or USD Coin (USDC). The Financial Services Agency (FSA) of Japan will lift the ban on the domestic distribution of foreign-issued stablecoins in 2023, local news agency Nikkei reported on Dec. 26. The new stablecoin regulations in Japan …
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The collapse of FTX is being viewed as a cautionary tale and a precursor for more prudent regulation by public and private sector players in the United Kingdom. Bank of England deputy governor Sir Jon Cunliffe made headlines ahead of the Christmas weekend in an interview with Sky News, outlining his belief that greater protection …
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December is almost over, we highlight some of the IMPT updates and analyze how they have impacted the price of IMPT. Although it can be […] Go to Source
Peckshield said the stolen assets included BNB, USDT, ETH and DAI. 1 min read Updated: December 26, 2022 at 10:09 am Cover art/illustration via CryptoSlate Blockchain security firm Peckshield reported that roughly $8 million of BitKeep users’ funds were stolen via a hacked APK version of the crypto wallet. The BitKeep team confirmed the exploit …
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The International Chess Federation, popularly known by its French acronym FIDE, has struck a partnership with Avalanche to introduce chess into the sphere of Web 3.0, Avalanche announced on Dec. 23. Founded in 1924, FIDE links 200 national chess associations into one international federation and oversees the World Chess Championships. According to the Federation, the …
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The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment assets such as stocks and bonds, opening new markets for these companies. Brazilian …
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The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related payments, and the battle between President Alberto Fernandez and Argentine courts. …
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