The cross-chain protocol Multichain experienced a major setback that has significantly disrupted decentralized finance (DeFi) activities on Fantom. Since the onset of Multichain’s issue in May, Fantom Foundation has been striving to reassure users about […]
In the past week, Circle’s USDC stablecoin has decreased its circulating supply by approximately $100 million. According to Circle, over seven days ending last Sunday, USDC redemptions amounted to $1.4 billion, outpacing the $1.3 billion […]
Florida Governor Ron DeSantis has declared central bank digital currencies (CBDCs) a “threat to American liberty.” During an interview with former Fox News anchor Tucker Carlson, DeSantis, a presidential candidate, asserted his administration would thwart […]
Image Source: Puma Jay-Z’s Roc Nation and Puma have joined forces to create a new sneaker collection that incorporates non-fungible tokens (NFTs). The entertainment agency and the apparel giant have partnered with Legitimate, a startup that bridges the gap between physical […]
Share this article Multichain, the blockchain technology firm, has closed operations after a tumultuous series of events starting with the arrest of its CEO, Zhaojun, on May 21, 2023. The incident has led to operational […]
Share this article DeFi protocol Arcadia Finance fell victim to a code exploit, leading to a significant loss of approximately $455,000. Blockchain security firm PeckShield was the first to detect and reveal the breach, attributing […]
Coinbase, a leading cryptocurrency exchange, has ceased its staking services for retail customers in California, New Jersey, South Carolina, and Wisconsin following orders from state regulators. This move comes amidst legal proceedings initiated by regulators […]
Binance is reported to have dismissed about 1,000 of its employees recently. The report cites sources close to the exchange and comes at a time Binance is battling regulatory pressure. The leading crypto exchange celebrated […]
Meta is aggressively ramping up its artificial intelligence efforts in a bid to catch up to rivals like Google, Microsoft, and OpenAI. The social media giant has introduced a new text-to-image model called CM3leon that […]
The YouTuber and streamer Kitboga recently joined forces with Kraken to take down fraudsters operating a call center crypto scam. In a video posted to his YouTube channel on Saturday, Kitboga details how he teamed […]
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