BitPay Announces Addition of Polygon MATIC on Its Platform
Users of the BitPay app will be able to buy, store, trade, and spend MATIC. Today, most cryptocurrencies traded in green after a long time.After much anticipation, the native token…
Twitter Purchase by Elon Musk Likely To Be concluded This Week
Closing is expected to occur on Friday as per reports.The banks have completed finalizing the $13 billion loan.Elon Musk’s alleged impending acquisition of Twitter is gaining momentum. Musk held a…
Cash App Now Supports Receiving Bitcoin Via Lightning Network
With this fix, they may use it to get bitcoin as well which was only limited to sending.Over 44 million people use the app every month.Lightning Network Bitcoin transactions are…
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…
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…
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…