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News

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  • bob
  • 2024-01-05
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • World

Blockchain Security Firm CertiK Suffers Major Breach, Impersonates Revoke.cash to Distribute Phishing Links

CertiK Ltd., a blockchain security auditing firm, experienced a security breach when hackers gained access to its official X (formerly Twitter) account and used it to distribute phishing links to its large following. The breach was confirmed by Revoke.cash, a smart contract tool that focuses on cross-chain security.The compromised CertiK account posted tweets warning users […]

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  • bob
  • 2024-01-05
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • North America
  • Regulatory Developments

SEC Requests Summary Judgment in Lawsuit Against Binance

The US Securities and Exchange Commission (SEC) has filed a federal court document requesting a summary judgment ruling in its lawsuit against cryptocurrency exchange Binance. The SEC argues that specific issues raised in its case against Terraform Labs and its co-founder Do Kwon are also present in the enforcement action against Binance, Binance US, and […]

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  • bob
  • 2024-01-05
  • Africa
  • Central Bank Actions
  • Cryptocurrency Innovations
  • Government Policies and Cryptocurrency Adoption

Nigeria’s cNGN Stablecoin Set to Revolutionize Remittances and Global Trade

The Central Bank of Nigeria has approved the launch of the cNGN stablecoin, which is set to pilot in February. This stablecoin is being introduced as an alternative to a Central Bank Digital Currency (CBDC) and aims to bring about a revolution in remittance and global trade efficiencies.The cNGN stablecoin is expected to provide a […]

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  • bob
  • 2024-01-05
  • Central Bank Actions
  • Europe
  • Fintech and Blockchain Startups
  • Regulatory Developments

Bank of Spain Chooses Collaborators for Wholesale CBDC Pilot

The Bank of Spain has announced its partnership with Cecabank, Abanca, and Adhara Blockchain for the pilot of the wholesale central bank digital currency (CBDC) program. Over the next six months, the pilot will simulate the processing and settlement of interbank payments using a tokenized wholesale CBDC and multiple wholesale CBDCs issued by different central […]

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  • bob
  • 2024-01-05
  • Company News
  • Cryptocurrency Market Analysis
  • Financial Scams and Security
  • World

Celsius to Unstake $470M Ethereum Amid Restructuring, Raising Concerns for ETH Price

Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process, with the unstaking event expected to take place in the next few days. Celsius has stated that its staked Ethereum holdings provided […]

Read More
  • bob
  • 2024-01-05
  • Company News
  • Cryptocurrency Market Analysis
  • Financial Scams and Security
  • World

Celsius to Unstake $470M Ethereum Amid Restructuring, Raising Concerns for ETH Price

Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process, with the unstaking event expected to take place in the next few days. Celsius has stated that its staked Ethereum holdings provided […]

Read More
  • bob
  • 2024-01-05
  • Company News
  • Financial Scams and Security
  • Middle East
  • Regulatory Developments

Explosive Divorce Verdict Shakes Up Businessman

A businessman from Hamburg, Thomas S., is left shocked and speechless by a divorce ruling in Switzerland. The ruling, made by the Arbon District Court in 2022, came as a surprise to Thomas, who was unaware of it for a long time.According to his ex-wife’s claims, Thomas had disappeared and was unreachable. However, Thomas denies […]

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  • bob
  • 2024-01-05
  • Cryptocurrency Exchanges
  • Cryptocurrency Innovations
  • Market Analysis and Predictions
  • World

Uniswap Dominates Ethereum Blockspace with Impressive Transaction Volume and Gas Usage

Uniswap, a popular decentralized finance (defi) protocol on the Ethereum platform, has emerged as a leader in the Ethereum blockspace. With an impressive 43 million transactions and 7.4 trillion gas, Uniswap outperformed other protocols by a significant margin. Introduced in 2018 by Hayden Adams, Uniswap operates on the Solidity programming language and allows users to […]

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  • bob
  • 2024-01-05
  • Company News
  • Cryptocurrency Regulations
  • Financial Scams and Security
  • World

Celsius Network to Unstake Ethereum Holdings for Creditor Distributions

The cryptocurrency lending platform Celsius Network has announced its plan to unstake its Ethereum holdings as part of its asset preparation process. The move is aimed at unlocking ETH to ensure timely distributions to creditors. Celsius has benefited from the rewards generated by staking its substantial Ethereum holdings, which have helped cover legal fees during […]

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  • bob
  • 2024-01-05
  • Company News
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • North America

Celsius Network to Unstake Ethereum Holdings for Creditor Distribution

Celsius Network, a cryptocurrency lender, has announced plans to unstake its Ethereum (ETH) holdings in order to distribute assets to creditors. The company will carry out a significant unstaking event in the coming days to offset costs incurred during the restructuring process. This move comes after Celsius Network faced a liquidity crisis in July 2022, […]

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