The UK Treasury Committee is expressing concerns about the potential introduction of a retail Central Bank Digital Currency (CBDC), or digital pound, due to the risks it may pose to the economy. Lawmakers are worried that allowing people to quickly switch large amounts of bank deposits into digital pounds during market turmoil could lead to […]
Mantle, a web3 ecosystem led by a decentralized autonomous organization (DAO), has introduced its Mantle Liquid Staking Protocol (LSP) as a new addition to its Ethereum-based DeFi ecosystem. The LSP is a permissionless and non-custodial protocol that allows Ethereum stakers to receive mETH, a value-accumulating receipt token, in return for their staked ETH. This enables […]
Mantle, a web3 ecosystem led by a decentralized autonomous organization (DAO), has introduced its Mantle Liquid Staking Protocol (LSP) as a new addition to its Ethereum-based DeFi ecosystem. The LSP is a permissionless and non-custodial protocol that allows Ethereum stakers to receive mETH, a value-accumulating receipt token, in return for their staked ETH. This enables […]
Decentralized autonomous organization Mantle has launched a liquid staking protocol on the Ethereum blockchain. This protocol allows users to deposit ETH and engage in network staking while receiving Mantle-staked ether (mETH) as a token reflecting their stake. The protocol aims to address the concentration of ether stakes within major providers by offering an alternative solution […]
Decentralized autonomous organization Mantle has launched a liquid staking protocol on the Ethereum blockchain. This protocol allows users to deposit ETH and engage in network staking while receiving Mantle-staked ether (mETH) as a token reflecting their stake. The protocol aims to address the concentration of ether stakes within major providers by offering an alternative solution […]
South Korean financial regulators have called on consumers to report any unlicensed cryptocurrency exchanges operating in the country. The Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA) are collaborating on this initiative. The largest virtual asset exchanges in South Korea, including Coinone, Korbit, Gopax, Upbit, and Bithumb, are part of DAXA. Reports […]
South Korean financial regulators have called on consumers to report any unlicensed cryptocurrency exchanges operating in the country. The Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA) are collaborating on this initiative. The largest virtual asset exchanges in South Korea, including Coinone, Korbit, Gopax, Upbit, and Bithumb, are part of DAXA. Reports […]
Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]
Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]
CoinChapter.com reported that the Safe Wallet scam has resulted in the theft of over $2 million from users, bringing the total number of victims to 21. The scam involves a method called “address poisoning,” where attackers deceive users into sending funds to fraudulent addresses. The attacker generates a contaminated address that resembles the victim’s own […]
