Axie Infinity Relaunches Ronin Bridge After Hack In March

According to recent reports, Axie Infinity has relaunched its Ronin bridge with some added features. The platform said it conducted three different audits before reopening the bridge. The co-founders of the popular dApp announced the bridge’s reopening on Twitter. They also showed commitment to ensuring users get back their lost funds. Ronin Bridge Relaunch Features […]

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Hackers Loot Millions From Several Cross-Chain Bridges

In the past months, there have been a series of attacks by hackers on cross-chain bridges. These attacks have caused serious damage to the cryptocurrency community.  Meanwhile, the latest attack was on the popular cross-chain bridge, Horizon Bridge, owned by Harmony. Given the recent economic downturn, this is a huge blow to the DeFi platform. […]

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Huobi Exchange Secures License In New Zealand And Dubai

According to reports, major crypto trading platform, Huobi has secured more operating licenses. The crypto firm has now expanded to Dubai and New Zealand.  On June 17th, Huobi Group obtained an Innovation License to operate in Dubai. This was after registering with the Dubai International Financial Centre (DIFC).  Lily Zhang, the Chief Financial officer of […]

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Meta To Launch Virtual Clothing Store For The Metaverse

Meta, the parent company of Instagram and Facebook, has taken another giant stride for the metaverse. The firm is launching a designer virtual clothing store for its users. Hence, users can buy different wear for their digital avatars. Also, Meta opines that this sector would be very profitable. This is because it determines the identity […]

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SEC Calls For Crypto Regulation As Market Crisis Continues

Various regulators are showing concern as the crypto market continues its downward slide. They believe it is high time that a move is taken to regulate the sector. Moreover, agencies like the Securities Exchange Commission (SEC) call for more regulations. The SEC boss, Gary Gensler, earlier stated that crypto regulation is not enough.  While commenting […]

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Bank Of Canada Calls For Urgent Crypto Regulation

The recent crash in the crypto sector has caught the attention of global authorities. Several regulatory agencies are sitting up on the issues of crypto regulation.  According to the Bank of Canada, urgent regulation is needed in the crypto sector. It added that: “The sector is growing and might affect the overall financial market if […]

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Lithuania To Ban Anonymous Crypto Wallets After EU Regulation

The EU’s latest decision to restrict the usage of non hosted wallets appears to be taking effect. A state in Europe has taken the first step to outlaw non hosted crypto wallets. Lithuania Moves To Ban Anonymous Crypto Wallets The government of Lithuania has taken steps to tighten its crypto regulations. The government made a […]

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Macro Pressure On U.S. Market Responsible For BTC Downtrend

Since the crash of Bitcoin in December, several crypto holders have sold their BTC. As a result of these sell-offs, the prices of digital assets have dropped tremendously.  Meanwhile, sell-offs can be assessed based on a particular region and its trading hours. Recently, macro pressure in the U.S. market has been responsible for the crypto […]

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Nigerian Crypto and Blockchain Group Set Guidelines For VASPs

Globally, different countries are embracing the usage of blockchain technology. This is due to the benefits it offers to various sectors of the economy. The Nigerian crypto and blockchain advocacy group SIBAN has announced guidelines for all VASPs. The goal is to promote regulation and innovation in the blockchain and crypto sectors. Safeguarding The Nigerian […]

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