Despite the attacker borrowing 100 million BEUR

The blockchain security company CertiK suggests that the amount of harm that was done to the decentralised protocol BonqDAO on February 1 may have been far less than what was…

Local Officials Set Ambitious Targets for Digital Yuan Transactions

Local news site JS China reports that top Communist Party officials were present in the City of Suzhou on February 1 for an annual conference discussing the testing of the…

Kraken Closes Abu Dhabi Office

A cryptocurrency exchange known as Kraken has decided to close its headquarters in Abu Dhabi less than a year after receiving approval from local authorities to do business there. According…

Spanish Authorities Arrest Bitzlato Exchange Executives for Money Laundering

The chief executive officer, sales executive, and marketing director of the Hong Kong cryptocurrency exchange Bitzlato have been detained in Spain, according to a story that was published on February…

Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies

Recent reports indicate that Republican United States Senator Tim Scott, who serves as the ranking member of the Senate Banking Committee, aims to build “a bipartisan regulatory framework” for virtual…

Web3 Builders Reveals Suite of Tools to Combat DeFi exploits

Users of decentralised finance (DeFi) have expressed a significant amount of anxiety over the system’s vulnerability to exploitation. According to a research published by Privacy Affairs, cybercriminals stole bitcoin worth…

Reliance Retail accept digital rupee at one store

Reliance Retail, one of the largest retail chains in India, has made an announcement stating that they have begun taking the digital rupee at one of their shop lines and…

HSBC is looking for a top executive to work with asset tokenization

The British multinational bank HSBC, which controls the greatest amount of assets in Europe, has increased its focus on digital currencies in recent years. The financial institution is seeking to…

Everlend Finance, a Solana-based decentralized finance

Everlend Finance, the company behind the Solana decentralised finance (DeFi) system, is winding down its business activities and requesting that users remove their cash from the network. On February 1,…

Former FTX CEO ordered not to contact current or former employees

As a condition of his release from federal custody, the federal court who is presiding over the criminal case against Sam Bankman-Fried, the former chief executive officer of FTX, has…