Terra Allies’ Six Samurai team aims to revive the ecosystem
After a joint governance proposal on liquid staking derivatives in Terra Luna Classic (LUNC), a new proposal has emerged for...
Blockchain News
Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions
Following TrustToken’s decision to temporarily halt mints and redemptions of its TrueUSD (TUSD) stablecoin through its banking partner, Prime Trust,...
Blame game rages over ASX’s failed CHESS system blockchain upgrade
Digital Asset — the New York firm responsible for Australian Securities Exchange’s now-abandoned blockchain-based clearing system — has blamed the...
Ripple gets in-principle nod for digital asset services in Singapore
Blockchain-based payments firm Ripple has obtained in-principle regulatory approval from Singapore’s financial regulator to offer digital asset payments and token...
Binance to implement Lightning Network nodes for enhanced Bitcoin transactions
On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a...
Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”On June...
‘Britcoin’ launch inches closer after Project Rosalind CBDC tests
The Bank of England (BoE) is a step closer to launching its central bank digital currency dubbed “Britcoin” following the...
CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M
Blockchain investigator ZachXBT has received over $1 million in donations in slightly more than 24 hours from the crypto community,...
Curve pool imbalance triggers USDT depeg concerns: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Fed, SEC investigate Goldman Sachs over Silicon Valley Bank’s securities portfolio: Report
Goldman Sachs is currently facing scrutiny from the Federal Reserve and Securities and Exchange Commission (SEC) regarding its involvement in the...
Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Cryptocurrency brokerage firm Floating Point Group has confirmed it has halted trading, withdrawals and deposits on its platform after falling...
North Korean hackers swipe over $100M from Atomic Wallet users
Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their...
Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet
On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of...
a16z opening London crypto office citing ‘predictable’ environment
Venture capital firm Andreessen Horowitz (a16z) is set to open its first office outside of the United States this year,...
Hong Kong legislator invites Coinbase to the region amid SEC scrutiny
With its progressive stance on cryptocurrencies, Hong Kong's legislator invites Coinbase and other crypto exchanges to establish operations in the...
Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts
Over the past few weeks, a group of scammers has hijacked more than eight Twitter accounts belonging to prominent figures...
Quantum miners would yield ‘massive’ energy savings for blockchain: Study
A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study...
CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
Trading volumes on centralized exchanges have fallen to their lowest levels in more than four years amid mounting regulatory pressure...
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security...
Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic
Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be...
Atomic Wallet says hack affected 1% of active users, but investors claim otherwise
A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly...
Fraudsters impersonate executives and create fake website
Hayden Adams, the creator of the Uniswap protocol and CEO of Uniswap Labs, recently expressed his surprise on Twitter regarding...
