Crypto crash forced Maple on DeFi App to Stiffen Lending Rules
DeFi App Maple Finance imposed tighter restrictions for borrowers. Borrowers on Maple Finance are mandated to sign up with Credora. Decentralized finance App Maple Finance imposed tighter restrictions for borrowers…
Hacker restitution Stolen Funds After hacking OlympusDAO
The Olympus treasury holds a variety of assets including DAI and FRAX. OlympusDAO is a decentralized reserve currency system using the OHM token. Early this morning, a hacker stole 30,000…
Crypto Seized Worth $40M by Turkey Officials
It is unclear what cryptocurrencies were confiscated. The event allegedly included the transfer of over 2.5 billion Turkish Lira. As part of their investigation into an unlawful gambling network, Turkish…
Telegram Reveals Marketplace For Offering Usernames Complete
The value of one Toncoin (TON) has increased by close to 12 percent in the last day.TON blockchain announced its partnership with messaging app Telegram. Telegram, a platform for instant…
German Crypto Bank and Exchange Nuri Shut Down as announced
CEO Kristina Walcker-Mayer of the German firm announced the shutdown.The company first debuted in 2015 under the name Bitwala.As the CEO said, the trade will be possible on the platform…
Brazil ATMs will process Tether USDT Stablecoin
Tether enables 24,000 ATMs around Brazil country to provide Tether USDT.As of 2021, around 34 million eligible population in Brazil are still unbanked. Tether USDT, the stablecoin functioning over the…
Ripple almost in Victory while SEC Forced to Turn Over Hinman Documents
The Ripple team views this action as a victory for their side. Alderoty pointed out that the records remain hidden from the general public. Stuart Alderoty, general counsel at Ripple,…
Coinbase Announces Zero Commission USDC Trading
Coinbase notes that acceptance of USDC has lagged behind that in the US.Coinbase, together with Circle, is a founding member of USDC.It seems that USDC, USDT, and BUSD are all…
Binance U.S employ Former FBI Agent as Head of Investigations
BJ Kang was named the exchange’s first Head of Investigations. Kang has participated in a number of investigations involving financial crime. As the number of reported cases of cryptocurrency-related fraud…
Elon Musk Plans to sack two-third Of Twitter’s staffs
Elon Musk intends to fire over 7,000 Twitter employees in the coming months.Twitter’s current management is also planning to reduce the company’s payroll by about $800M.Elon Musk, Tesla Motors CEO…