July 5, 2023 Crypto hacks and exploits snatch over $300M in Q2 2023: Report While total year-over-year losses to hackers dropped 58%, BNB Chain saw 119 security incidents leading to losses of around $70 million, followed by Ethereum,…
July 5, 2023 UAE free zone teams up with HBAR Foundation to support Web3 startups The collaboration will give startups access to a grant program and support in areas such as technology, marketing and business development. RAK Digital Assets…
July 5, 2023 U.S. national debt experiences an $851 billion surge following debt ceiling suspension Quick Take CryptoSlate reported on June 14 that the U.S. debt was approaching $32 trillion. Since then, the debt has continued to grow rapidly….
July 5, 2023 Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens This decision has implications for users who utilize bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche blockchains. Binance cryptocurrency…
July 5, 2023 Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge? A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has…
July 5, 2023 AI would pick Bitcoin over centralized crypto – Tether CTO Tether’s CTO Paolo Ardoino believes that artificial intelligence would choose to use Bitcoin over more centralized cryptocurrencies like stablecoins. If humanity were to amalgamate…
July 5, 2023 Bitcoin Ordinals plan to take the cost burden off with this new standard The introduction of BRC-69, via Recursive Inscriptions, could help reduce Bitcoin Ordinals’ costs. BRC-20 market cap continues to fall as Inscriptions minted nears 15…
July 5, 2023 South Korea prepares further crypto legislation focused on asset issuance, stablecoin regulation South Korea’s financial authorities are preparing for the second phase of virtual asset legislation to regulate various aspects of the country’s crypto market, local media…
July 5, 2023 Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It? Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD)…
July 5, 2023 Crypto-friendly DBS Bank launches digital yuan payment tool Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen. Cryptocurrency-friendly bank DBS is cooperating with…