Witnesses Skip Parliamentary Inquiries related to Terra
Seo-joon is said to have “anxiety” and “panic disorder” in the letter.The former head of Bithumb had announced his retirement from the company.After being called as a witness by the…
Apple New Regulations Strengthen on 30% NFT Tax and Geo-Limits Exchange
Apps will be prohibited from including buttons, external links, or other calls to action.The company has come under fire for applying its 30% commission on NFT sales made through NFT…
NEAR Protocol Announces Shut Down of USN Stablecoin
USN had been inadequately collateralized as per the NEAR Foundation. NEAR Protocol’s USN was an algorithmic stablecoin at launch but later switched.After exhibiting violent behaviors similar to those seen with…
Yellow Card Obtained First VASP License in Africa
Yellow Card is the first cryptocurrency exchange in Africa to receive a VASP license. The exchange also upholds the US Foreign Corrupt Practices Act. Yellow Card, a pan-African cryptocurrency exchange,…
Crypto Is Centralized Unlike Decentralized ~ Gary Gensler
The SEC chair stated that new technologies can help to create new types of economic contests.Gensler’s remarks on the rise of centralization in the crypto ecosystem. Gary Gensler, the chairman…
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…
