News – Archive

Here’s Why Everyone In Crypto Market Should Be Paying Attention To Lithuania
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 will examine cryptocurrency regulations this week
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…

BNB Cross-Chain Bridge Hacked
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…
| Front page, Hacks, News

GMX surged more than 500% during the bear market
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…

XRP climbs 12% following Ripple’s SEC win
A U.S. court has ruled in favor of Ripple, ordering the regulatory body to hand over information supporting the company’s stance in the continuing legal fight.
Former SEC Director William Hinman demanded the materials be released and they were. The papers are essential to Ripple’s case.
News accounts state that Manhattan federal judge Analisa Torres ruled against the regulator’s bid to seal records pertaining to former SEC staffer William…
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