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GeneralBeginnerStation70 and Cyvers, two leading Web3 security firms, have joined forces to introduce Secure Signer, an innovative AI-powered security solution designed to safeguard over $4 billion in vulnerable cryptocurrency assets. This groundbreaking technology aims to bolster institutional trust by…
#defi#hackers#security
GeneralBeginnerHong Kong’s Cyberport Web3 network has seen significant growth, now boasting a community of over 270 blockchain firms. This surge in adoption highlights Hong Kong’s increasing prominence as a hub for Web3 innovation and development. On November 19, the Hong Kong Special Administrative Region’s…
#asia#china#government
EthereumBeginnerPayPal has partnered with Xoom to facilitate cross-border payments using its stablecoin, PayPal USD (PYUSD). This collaboration aims to expand access to PYUSD in Asian and African markets, enabling PayPal to settle cross-border transactions outside of traditional banking hours. Xoom is working…
#crypto#paypal#tether
BitcoinBeginnerCoinbase, a major cryptocurrency exchange, has announced its decision to delist Wrapped Bitcoin (WBTC) from its platform. The delisting will take effect on December 19, 2024. This move comes after Coinbase’s recent review of the token’s compliance with its listing standards. While the specific…
#altcoin#crypto#defi
GeneralBeginnerBinance, the world’s largest cryptocurrency exchange, has clarified that its forthcoming BFUSD asset is not a stablecoin despite its promise of high yields. The clarification comes after widespread speculation and concerns among crypto users who drew parallels to Terraform Lab’s failed algorithmic…
#binance#stablecoins#x
GeneralBeginnerNepal’s Financial Intelligence Unit (FIU) has recognized the increasing use of cryptocurrencies by fraudsters despite the country’s official ban on digital asset trading. To combat this, the FIU has proposed several measures, including enhanced public awareness campaigns and stricter transaction…
#asia#central-bank#crypto
BitcoinBeginnerBIT Mining, a prominent cryptocurrency mining company, has agreed to pay a $10 million fine to settle charges related to its predecessor company’s involvement in a bribery scandal in Japan. The scandal, which occurred before BIT Mining’s current ownership, involved the bribery of Japanese…
#crypto#mining#sec
GeneralBeginnerPolter Finance, a decentralized platform for lending and borrowing, experienced a $12 million flash loan exploit, prompting an investigation and coordination with law enforcement. On November 17, following the discovery of the breach, Polter Finance suspended operations and alerted its users on…
#altcoin#defi#hackers
BitcoinBeginnerNon-fungible tokens (NFTs) have seen a significant resurgence in recent weeks, with weekly sales volume surging by 94% to reach an impressive $181 million. This remarkable growth is closely tied to the broader bullish trend in the cryptocurrency market, particularly Bitcoin’s recent gains. The…
#crypto#nfts
SolanaBeginnerThe Solana blockchain network has seen a surge in activity and fees as the recent memecoin frenzy gains momentum. This resurgence of interest in memecoins, particularly on the Solana platform, has led to increased demand for decentralized applications (DApps) and consequently, higher transaction…
#crypto#defi#memecoin
GeneralBeginnerMcDonald’s is teaming up with Doodles, a popular NFT brand, to launch a holiday-themed campaign that blends physical and digital experiences. Starting November 18th, 100 million McCafé holiday cups across the United States will feature Doodles’ signature artwork. Customers who purchase a McCafé…
#nfts
