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News – Archive


UwU Lend
On June 10, 2024, decentralized finance (DeFi) platform UwU Lend suffered a massive security breach, resulting in a $20 million loss. This incident highlights the growing challenges of security in the rapidly expanding DeFi sector. The hack has sparked discussions about the need for stronger security measures and more robust protocols in the DeFi ecosystem. The DeFi community is grappling with the implications of this breach, whic…
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StarkWare announces a $1 million research fund for ZK Bitcoin scaling. The initiative focuses on OP_CAT, a Bitcoin command set for reinstatement. The plan aims to scale Bitcoin and Ethereum simultaneously, integrating STARK technology. Despite concerns, the move is backed by belief in OP_CAT’s potential for Bitcoin scaling. The crypto community is buzzing with excitement as StarkWare, a leading player in Ethereum layer-2 s…
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Bitcoin consolidates around $71,000 while Ethereum and Solana drop by 1% following a strong May jobs report. Crypto markets show resilience despite the initial impact of the jobs data. Bitcoin’s stability is tested as it navigates a volatile market environment. Ethereum and Solana face short-term pressure but maintain long-term growth potential. The crypto market continues to evolve, with investors closely monitoring economic i…
Robinhood has officially announced its agreement to acquire Bitstamp, a globally recognized cryptocurrency exchange. The acquisition is valued at approximately $200 million and is expected to be finalized in the first half of 2025. This strategic move will allow Robinhood to expand its crypto offerings and reach a wider international audience. Bitstamp’s extensive customer base across the EU, UK, US, and Asia will significantly co…
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Advantages and Risks of Registering Forex Broker in Seychelles
When choosing a jurisdiction to legalize forex activities, many brokers consider the classification of countries by categories A, B, C, and D, depending on their prestige. The first three categories include the USA, Australia, and European countries. Offshore jurisdictions are becoming increasingly popular. Many of them are no longer associated with gray havens for funds withdrawal. Local regulatory authorities are developing transparent legal…
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