Coinbase to Custody MakerDAO’s USDC Funds Worth $1.6B
The USDC is a third of the treasury supporting Maker’s Peg Stability Module. The DAO will receive up to 1.5% rewards on the assets.After being presented by Coinbase Institutional on…
Quickswap hacked and about $220k stolen.
Price manipulation is the problem, as Peckshield put it in a tweet.Peckshield’s blog post revealed that the vulnerability had been reported by Chainsecurity.On October 24th, Quickswap detailed how a $220,000…
Binance Striving Hard To Grab the Hacker Behind Recent Exploit
The attacker stole $570 million worth of cryptocurrency on October 6.Following the discovery of the breach, Binance Smart Chain was disabled. On Monday, Binance CEO Changpeng Zhao told CNBC that…
Court Rejects Former OpenSea Employee’s Plea To Dismiss Allegations
The government claims Chastain unlawfully benefited from the sale of NFTs.OpenSea decided to end its partnership with Chastain after learning about the probe. A former employee of NFT marketplace OpenSea…
FTX CEO Announces $6M in Compensation To Phishing Victims
SBF gave a clear message to its consumers that they must exercise more caution.This compensation from FTX to impacted users is a one-time deal. Over the last several years, crypto…
Terra Rebels Post Validator Setup Process Video For Community
The organization has created a dedicated YouTube channel recently. Edward Kim has included a video outlining how to create and operate a validator.The Terra Classic Revival Roadmap was created by…
FTX US Wins Bid to take over Bankrupt Lender Voyager’s Assets
Before FTX.US won the bid Judge Wiles had suggested that the lender should include “fiduciary out.”United States-based cryptocurrency exchange FTX.US was approved by the bankruptcy court to enter the asset…
Spain is now Number 3 in Most Crypto ATMs in the World
With 215 cryptocurrency ATMs, Spain has surpassed El Salvador, which only has 212. Spain deployed 43 cryptocurrency ATMs in 2022 alone. Following the United States and Canada as the third…
2 Americans Sent to Prison for Stealing Crypto by SIM Swapping
Erig Meiggs and Declan Harrington, who drained over $300,000 worth of crypto assets, will spent two years in jail.The residents of Massachusetts – Erig Meiggs and Declan Harrington – will…
Stands Firm (Kazakhstan) as 3rd Largest Bitcoin Mining Contributor
Kazakhstan has kept the position for more than a year since February 2021. The United States is at the top, leading the Bitcoin mining sector. Kazakhstan, a nation in Central…