All blockchain related news
On Friday, January 12, the famous Web3 lending application Wise Lending was hit by a cyber attack that resulted in the loss of a substantial amount of funds. In a blog post, Wise Lending regretted that the hackers launched a malicious attack…
On January 9, the crypto community condemned the US Securities and Exchange Commission (SEC) for misleading the investors after the hackers exploited their X account. In the tweet, the hackers claimed that the SEC had approved the Bitcoin ETFs. The tweet created…
As the crypto community eagerly awaits the approval of the spot, Bitcoin exchange-traded funds (ETFs), the notorious cyber-criminal group Lazarus Group, have struck with a new attack leading to the loss of substantial assets. In a January 8 report, the Lazarus Group…
Following the intense efforts made by El Salvador to create a crypto-friendly state other countries such as Honduras have replicated the move to tap the endless benefits offered by digital assets. In an advanced report the Próspera, a special economic zone situated…
As the crypto community eagerly awaits the approval of the Bitcoin exchange-traded funds (ETF), the Wall Street titans led by BlackRock are exploring possible ways to offer the new financial product compliantly. The BlackRock team revealed plans to cut off its workforce…
The desire to dominate gaming has forced developers to leverage emerging technologies such as artificial intelligence (AI) to boost user experiences. In a January 1 report, Japanese gaming company Square Enix revealed a plan to use AI technologies to create new games…
In a Monday report, the South Korean cross-chain bridge Orbit was hit by a major cyber attack that resulted in the loss of a substantial amount. The Orbit team complained that the hackers gained unauthorized access to the cross-chain and drained approximately…
As China seeks to become a leading tech hub in the Asian region, the government has imposed measures to support the responsible use of emerging technologies. A review of the Chinese roadmap demonstrated that the country seeks to launch an artificial intelligence…
DeFiance Capital, the California based crypto investment company has been hit by a major leadership shake up following the departure of the top level executive. Last week, the head of portfolio growth at DeFiance, Yeou Jie Goh, stepped down from his role….
As Japan seeks to become a go-to destination for crypto firms, the regulators have agreed to loosen the regulation for digital assets. In a recent Cabinet meeting, policymakers agreed to remove the tax imposed on unrealized gains from crypto investments. An unrealized…
The president of Turkey, Recep Tayyip Erdoğan, has appointed Professor Fatman Ozkul to the central bank board. Professor Ozkul’s appointment demonstrated Turkey’s commitment to tap into the benefits of crypto and blockchain technologies. In a December 22 report, President Erdogan confirmed Professor…
On Friday, the leading game developer in South Korea, Wemade, teamed up with Whampoa Digital to launch a $100 million Web3 fund. In the December 22 report, the two companies stated that the newly launched Web3 Fund will focus on the development…
In an official report, the team behind Claude AI Anthropic revealed plans to launch a $750 million funding round led by Menlo Ventures. The artificial intelligence development company anticipates that the multi-million investment would propel the firm’s value to reach $18 billion. …
In an advanced communication, a Japanese Web3-based platform, Line Next, generated $140 million in a funding round led by Crescendo Equity Partners. The multi-million investment was ranked among the largest capital raised by an Asian blockchain company. In the report, the Line…
In an official communication, the prominent Bitcoin-oriented marketplace Babylon generated $18 million in a Series A funding round. The successful fundraising was led by the leading investment company in San Francisco, Polychain Capital, in collaboration with Hack VC. Other participants included in…
In an advanced communication, the largest digital bank by market value in Brazil, Nubank, sealed a partnership agreement with the prominent trading platform for institutional clients Talos. The two partners agreed to evaluate practical ways to reduce the cost of trading digital…
In advanced communication, the famous messaging protocol Wormhole raised approximately $225 million from a funding round led by the European investment company Brevan Howard. Other participants in the successful fundraising included Coinbase Ventures, ParaFi, Arrington Capital, Borderless Capital, and Jump Trading. The…
In a November 28 update, the renowned Multi-party computation (MPC) wallet provider Fireblocks was debuting a new trading system, Off Exchange, for institutional clients. The Fireblocks team confirmed that the new trading platform will leverage emerging technologies to allow institutional customers to…
In an advance communication, the prominent stablecoin issuer Circle sealed a partnership agreement with the Japan-based financial institution SBI Holdings to push for mainstream crypto adoption. The two partners agreed to combine forces to increase USDC and Web3 services adoption in Japan….
With the changes in the financial ecosystem, tokenization has emerged as a developing trend seeking to redefine most industries. The astounding growth of the tokenization of assets has challenged investment managers in the United Kingdom to engage regulatory agencies in supporting the…
