As per the latest reports, Rari Capital has reportedly fallen victim to one of the recent exploits in the cryptocurrency industry. Providing services in the decentralized finance (DeFi) industry, Rari Capital has ended up facing a huge loss because of the recent high-price exploit. Rari Capital is popular in the decentralized finance (DeFi) industry for…
More progress towards mega-scale crypto adoption within the financial institution sector as Citi is interested in taking a deep dive into crypto because of its customers. The bank could not resist the customers’ demand, which grew 10x since mid-2020. Itay Tuchman has recently appraised it, in charge of Citi’s foreign exchange that Citi may soon…
Few can deny the impact that DeFi (decentralized finance) has had on the financial world, with many who were previously opposed to the idea slowly coming to realize that it may actually have its uses after all. Cryptocurrencies have understandably played a big part in this, with users all over the world buying, selling, and…
In the past 4 weeks, Dogecoin (DOGE) has gained enormous recognition and adoption in the entire cryptocurrency industry. While the entire cryptocurrency industry was in shock as Dogecoin (DOGE) gained momentum, the mainstream industry has given another surprise to the DOGE community. As the price of Dogecoin (DOGE) continued to experience a surge, more mainstream…
500.trade Review The coronavirus pandemic may have wreaked havoc across various industries, but the financial markets have continued to show strength even in the face of this massive challenge. They are brimming with opportunities and many have shifted towards them for generating high returns. If you are also considering this option, then you need to…
The UK has been long struggling to bring crypto under a legal framework. In its pursuit of bringing crypto under legal cover, English Law is considering the possibility of treating crypto as “property”. The reason why crypto should be considered as “property” is that the number of crypto fraud victims is increasing rampantly. However, since…
The recent rise of the Decentralized Finance ecosystem along with the increase of adoption has caused WAVES to soar up to a record high. The capability to provide services to a vast range of fields accompanied by real-world adoption is a must for blockchain-based projects, which look for success in an already evolving and crowded…
A highly debated topic on the Darknet these days is relating to a crypto-malware that would allow users to earn easy money by defrauding newbie crypto investors and traders. An independent cybersecurity firm namely Palo Alto Networks has issued a report wherein the name of malware has been revealed“Westeal”. Crypto investors and traders are urged…
Recently in an interview, Mike Novogratz, the CEO of Galaxy Digital, said the XRP Army denies the truth continuously. For the persons following XRP lately, the crypto has been on a bullish trend for a significant part of the last couple of months in the face of the lingering lawsuit filed by the Securities Exchange…
Opposition parties in South Korea suggest that if they will come into power, then they will tax crypto, particularly the gains derived from crypto trading. The majority of youngsters belonging to the age group under 20 years of age are supporting the opposition’s manifesto. While the people falling in different age groups are found to…
A job advertisement was posted by the Bank of England (BoE) for a senior expert related to central bank digital currencies (CBDCs). The role of this post is to help the bank in checking and implementing the design and feasibility of a central bank digital currency (CBDC). This is the most recent job announcement by…
The US Federal Reserve Chairman, Jerome Powell in a press conference was asked about a number of things from Gamestop to Dogecoin. He was asked whether he believed there was a risk to the financial stability in trends such as the meme-inspired cryptocurrency Dogecoin. In essence, the question was whether Doge was going to upend…
According to the latest reports, Coinone has announced that it is re-opening its customer center that had been offline for a while. Coinone has confirmed that its customer center is in Seoul and will start offering support to customers at the earliest. Coinone is one of the top cryptocurrency exchanges in South Korea and currently…
The last photoshoot of the departed main member of Nirvana, Kurt Cobain, is to be sold in an NFT auction by Jesse Frohman – an acclaimed photographer – after three days. Auction money will be received in Ethereum and the photoshoot of the departed soul has been claimed to be never seen before by anyone…
Charles Hoskinson’s Cardano has certainly been making headlines as of late, as the world’s 6th largest cryptocurrency in terms of market capitalization recently experienced an increase of 11% in its price within the past 24 hours. As of the time of this writing, Cardano’s ADA token is priced at $1.40, and the cryptocurrency has an…
Roman Sterlingov, who is alleged to be the man behind Bitcoin Fog’s operations, has been arrested in Los Angeles by the US Law Enforcement Agencies. The arrest was made on 27 April 2021 and the reasons given by the authorities are allegations of money laundering and fraud. Sterlingov is facing charges of laundering public money…
Venezuela had recently developed its CBDC, however, the official digital currency failed to receive proper acceptance from the Cabinet. CBDC was named Petro by Venezuela Government, and the programmer who was the lead developer in the project regretted being part of it. It was reported in the local press Deutsche Welle that the CBDC was…
An announcement on Twitter from DogeCoin founder Billy Marcus stated that DogeCoin lost one of its most dedicated developers, Sporklin, on the 24th of April, due to cancer. Marcus stated in his tweet that Sporklin had dedicated almost seven years to the development of DogeCoin. She was very passionate and motivated about her work, made…
A message posted in a blog by the US Bank suggested that the financial institution intends to become a crypto service provider. Tells that it wishes to inaugurate crypto custodial services for its customers. Christine Waldron, who is the Chief Strategist at the bank’s Global Fund Services said that this is a positive step towards…
Former Australian Cricket Team’s fast bowler, Bret Lee, took inspiration from co-cricket star Pat Cummins and donates the whole Bitcoin to India for purchasing medical supplies particularly Oxygen supplies. The covid-19 situation is getting worse than expected in India. On a daily average basis, there are more than 10 thousand Covid-19 infected victims reported in…
