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97% of Crypto Hacks Were Against DeFi Projects: Report

Blockchain analyst firm Chainalysis published a new report focused on the illicit activities occurring on blockchains, noting that DeFi protocols are the most popular target hackers tend to go after and that money laundering in the space has risen in the past two years. DeFi as Hackers’ Primary Target Since the DeFi Boom occurred in the summer of 2020, illicit DeFi transactions have risen steadily. Money laundering and DeFi hacking have been the two major criminal activities...

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Switzerland Is Trying to Aid Crypto’s Growth

Switzerland is a country that’s doing all it can to aid bitcoin’s reputation. The nation is home to the town of Zug, which hosts what’s known as “Crypto Valley,” a region that takes part of its name from Silicon Valley in northern California. Switzerland Is Doing All It Can for Crypto While the latter is known for housing some of the world’s largest tech companies – such as Facebook, Google, and Microsoft – the former hosts several crypto and blockchain firms that are...

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New York Mayor Eric Adams Wants to Toss the BitLicense

Eric Adams – the mayor of New York City – has suggested doing away with the dreaded BitLicense as a way of allowing New York to become more competitive in the crypto and blockchain worlds. Will New York Get Rid of the BitLicense? The BitLicense was first introduced in 2014. The document made things very hard for crypto companies seeking to establish presences in the Big Apple. It also made it very difficult for them to gain customers. Under the BitLicense, things became...

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African Media Agency Establishes Crypto Partnership with Tech Next

Leading African PR firm African Media Agency is forming a partnership with Tech Next, a tech-based media enterprise that seeks to educate its readers on digital currency and blockchain trends. African Media Agency Will Help Crypto in Africa Get Bigger In addition, the partnership will provide visibility to Coinference 2022, which is set to occur in early October of this year. Coinference is a special conference that takes place to assist the growing cryptocurrency arena....

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Binance Will Create Crypto Learning Materials for Traders in India

Binance is looking to create several educational programs for crypto traders in India. The world’s largest and most popular crypto exchange by daily trading volume is producing three key educational initiatives and will provide access to several blockchain and crypto-based learning materials. Binance Is Creating Classes for Traders in India Leon Foong – head, APAC, Binance – explained in an interview: This represents an opportunity for us to play our role in educating...

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DIVILAND (DVLD) Is Now Available for Trading on LBank Exchange

INTERNET CITY, DUBAI, May. 11, 2022 – LBank Exchange, a global digital asset trading platform, has listed DIVILAND (DVLD) on May 11, 2022. For all users of LBank Exchange, the DVLD/USDT trading pair is now officially available for trading. To make real estate investments and transactions easier, a project named DIVILAND (DVLD) integrates the Artificial Intelligence and blockchain technology, so that it can offer innovative ways that traditional real estate markets can...

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KICK.IO Is Evolving – Taking a Closer Look Into Our Roadmap

The crypto world is as innovative and exciting as it’s fickle and dynamic. Understanding the market needs and keeping up with the latest trends and changes is crucial if we want to advance and reach new heights. KICK.IO has big plans for the upcoming year, and one, in particular, will definitely make a significant change for both the platform and our users. The dawn of cross-chain bridges Since its inception, blockchain technology has come forward as one of the most...

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Warren Buffet indirectly a bitcoin-holder?

Warren Buffett und Barack Obama im Weißen Haus, Juli 2011. Foto: The White House from Washington, DC, Public Domain, Wikipedia Investment legend Warren Buffet, now well into his 90s and known as a great opponent of bitcoin, has an indirect bitcoin investment to his name. Berkshire Hathaway, Buffet’s investment firm, has a large position in Brazil’s Nubank, which has decided to invest 1 percent of its reserves in bitcoin. It remains to be seen...

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The Blockchain Group Lobbies Against Legislation Designed to Prevent Russians from Using Crypto

The Blockchain Group is working to prevent members of Congress from passing legislation that would place sanctions on oligarchs or individuals in Russia for using cryptocurrency. The organization claims that these people are not using crypto for illicit purposes and thus they do not deserve to be punished. The Blockchain Group Seeks to Prevent Various Crypto Laws Sanctions have been placed on Russia since the country allegedly invaded Ukraine last February. There are...

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Brazilian Digital Banking Giant Partners With Paxos to Offer Crypto Services

São Paulo-based Nubank, Latin America’s largest digital bank, has signed a partnership deal with blockchain infrastructure platform Paxos to support cryptocurrency trading services within its banking app. Nubank Supports Direct Bitcoin and Ether Trading In a press release on Wednesday (May 11, 2022), Nubank said its customers will be able to buy, sell, and hold bitcoin and ether directly via the banking app, with crypto purchases starting from $0.20. (1 BRL). According to the...

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