Bank of England Releases Paper on Digital Pound CBDC
The central bank of Britain is pushing forward with its CBDC (central bank digital currency) plans with the release of a new consultation paper on the digital pound.On Feb. 7,…
DeFi Protocol CoW Swap Hacked as 551 BNB missing.
The attacker reportedly added a wallet address as a “solver” of CoW Swap.BNB worth over $181,000 transferred to the cryptocurrency mixer Tornado Cash.A vulnerability in the smart contracts underlying the…
About 50% of USDT is Stored on the Tron blockchain.
More than half of the stablecoin Tether (USDT) is now held on the Tron blockchain. Why is USDT shifting towards Tron? According to recent data from DeFi Llama, more than…
Sorare NFT Card of Giannis Antetokounmpo Sells For $187k
The one-of-a-kind Antetokounmpo NFT sold for almost 113.9 ETH. In September 2020, an autographed Giannis Antetokounmpo rookie card sold for $1.8M. On Sunday, a 1/1 NFT card of Giannis Antetokounmpo…
WeTransfer Goes Into NFT Sector by Partnering With Minima.
This partnership would provide Minima with an early footing in the digital art sector.WeTransfer enables users to download huge files without registering for an account.The freemium model file-sharing platform WeTransfer…
Ex Coinbase Product Manager Admits Insider Trading.
Ishan Wahi gave confidential information about the upcoming announcement to his brother. This announcement made to generate illegal gains of at least $1.5 million. The former product manager for Coinbase…
Tether (USDT) Users Experience Transaction Outage
Crypto users facing issues with Tether transactions.While the USDT transaction failed, the fee was detected.After “TRON’s Proposal No. 83, to activate dynamic energy”, which becomes active on the 5th of…
$4 Million Crypto Scam in a Hotel Lobby exposed
Months later
Webaverse, a metaverse project, went through this scam in late November 2022. Technical investigation of how $4M USDC was swept is not concluded yet.Crypto hacks and scams of recent times…
Binance Reports Temporary Suspension of USD Bank Transfers.
The suspension is expected to affect only a tiny fraction of Binance’s user base. Binance – the world’s largest crypto exchange – announced on Monday that it will pause all…
Genesis Reaches Principle Agreement With DCG and Creditors.
Embattled crypto lending firm Genesis announced reaching an agreement in principle with Digital Currency Group (DCG). On Feb. 6, Genesis announced that it has arrived at a global resolution that…