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Gofaizen & Sherle - Lituania
Digital assets have increased in both popularity and usage over the last couple of years. Whether it be cryptocurrencies, non-fungible tokens (NFTs), commodities, forex, indices or anything similar, the simple fact is that more people are becoming involved with these assets than ever before. Moreover, with the introduction of new technologies and concepts like blockchain, the metaverse, and Play-to-Earn (P2E), it does not look like this interes…
G20 - cryptocurrecy regulation
On Monday, the OECD proposed a framework to the G20 designed to improve cryptocurrency transparency on a global scale. When both the new framework and the revised standards are put into place, it may be the end of the “wild west” of cryptocurrencies and the global patchwork of regulations as we know it. The Group of Twenty (G20) is an international forum for economic and financial cooperation among 20 member nations. The G20 asked the OEC…
hackers
After a short downtime Thursday night due to reports of an exploit, which proved out to be genuine, Binance’s BNB Smart Chain (BSC) went back up early Friday morning. Binance said that on Thursday, additional BNB were created on the exchange’s cross-chain bridge, BSC Token Hub, leading to a theft of at least $70 million (Cointelegraph). With a market worth of almost $46 billion, BNB is the fourth biggest digital asset. The price of BNB has d…
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gmx - crypto
The protocol’s ability to maintain its value despite the precipitous drop in the bitcoin market this year has made it a popular choice. The total locked value (TVL) of GMX has steadily increased and currently stands at a record $455 million, according to cryptocurrency data source DefiLlama, while the TVL of other decentralized finance protocols has declined. Token holders on the GMX exchange get 30% of all transaction fees. On Wednesday, Bi…
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