Topic
GeneralBeginnerFinancial services giant Mastercard announced the expansion of its Start Path program to embrace a new generation of blockchain payment startups. This initiative, unveiled on May 15, 2024, aims to explore the potential of blockchain technology in transforming how people and businesses manage…
#crypto#defi#web3
Tether, the issuer of the popular stablecoin USDT, froze $5.2 million worth of USDT on May 14, 2024. These funds were linked to phishing scams, highlighting Tether’s efforts to maintain the integrity of its platform. Phishing scams are a prevalent threat in the cryptocurrency space, where…
#crypto#defi#scam
BitcoinBeginnerThe White House announced on May 13th, 2024, that President Biden has ordered the removal of a Chinese-owned cryptocurrency mining facility located near a sensitive military base in Wyoming. The order targets MineOne Cloud Computing Investment, a firm with significant Chinese ownership, and its…
#china#crypto#united-states
BitcoinBeginnerCryptocurrency exchange Coinbase is experiencing a significant disruption as a “system-wide outage” renders its services inaccessible to users. This outage on its official status page, May 14, 2024, at 4:15 AM UTC, affects both the desktop and mobile platforms, preventing users from logging in,…
#coinbase#crypto#united-states
GeneralBeginnerA pilot program in China is facing a hurdle: some workers paid in the country’s Central Bank Digital Currency (CBDC) are converting it back to regular cash as soon as they receive it. This news comes from a South China Morning Post report on May 13, 2024. China is currently testing its digital…
#cbdc#china#crypto
BitcoinBeginnerNorth Korean hackers, specifically the group known as Kimsuky, have set their sights on cryptocurrency firms. Their weapon of choice? A new malware variant is dubbed Durian. This malware targets sensitive data stored by crypto businesses. Durian is written in Golang, a programming language gaining…
#crypto#hackers#north-korea
BitcoinBeginnerJack Dorsey, the co-founder of Twitter and Block, has claimed that Bitcoin’s value could reach at least $1 million by the year 2030. This statement has sparked debate within the cryptocurrency community. Dorsey is a known Bitcoin advocate and has previously expressed his belief in its potential to…
#crypto
XRP LedgerBeginnerBlockchain company Ripple has joined the DeRec Alliance, an industry organization focused on creating a standardized system for managing “secrets” in the Web3 space. These secrets can encompass various digital assets, including account credentials, private keys, passwords, and even media files.…
#crypto
GeneralBeginnerCryptocurrency exchange Binance is vehemently denying allegations of market manipulation by DWF Labs, a crypto trading and market-making firm. These accusations come after a Wall Street Journal report claimed that Binance investigators uncovered evidence of DWF Labs engaging in wash trading on…
#binance#crypto#defi
GeneralBeginnerblockchain data and analytics company announced that Chainalysis has established its regional headquarters for Southern Europe, the Middle East, Central Asia, and Africa in Dubai. This decision comes as Dubai actively seeks to position itself as a global hub for cryptocurrency innovation. The…
#crypto#dubai
EthereumBeginnerStolen funds from a recent $71 million wallet impersonation scam are on the move. After laying dormant for six days, the ill-gotten gains linked to Wrapped Bitcoin (WBTC) are being dispersed across multiple crypto wallets in an attempt to launder the money. The heist unfolded on May 3rd when an…
#crypto#hackers#scam
