The United Kingdom’s National Police Chiefs’ Council (NPCC) claims that it’s losing cybercrime experts at 3 to 4 times the rate of the rest of policing. The crypto industry appears to be largely responsible for this, where major firms are poaching these professionals with offers of far greater pay. The Crypto-Cop Migration As Bloomberg reports, both cryptocurrency exchange Coinbase and blockchain intelligence firm Chainalysis are among the companies paying big money to employ...
Read More »Beanstalk Crypto Platform Sees $180 Million Disappear
A crypto system known as Beanstalk has been infiltrated and ultimately lost more than $180 million in reserves. The hack occurred through unusual means in which an attacker used borrowed funds to garner the voting rights necessary to transfer all the money into his (or her) own personal account. Beanstalk Has Lost a Lot of Money On its website, Beanstalk is described as a “decentralized” asset that’s also a stable currency. While Beanstalk itself is the network in which...
Read More »Samsung Asset Management Will List Asia’s First Blockchain ETF in Hong Kong
Samsung Asset Management – Korea’s largest asset manager – plans to list a blockchain-focused ETF in Hong Kong before July. This is reportedly the first ETF in Asia that will include actual cryptocurrency exposure. Asia’s First Blockchain ETF As reported by the South Korean business newspaper Hankyung, the fund will resemble Amplify’s Transformational Data Sharing ETF (BLOK ETF). The latter invests mainly in cryptocurrency-related companies, such as SilverGate Capital, Galaxy...
Read More »After 3 Years of Development, Farsite Alpha to Go Live on June 21
[PRESS RELEASE – Please Read Disclaimer] Ever since the inception of bitcoin over a decade ago, the subsequent entire crypto industry has incurred numerous changes, developments, and ultimately, growth and expansion. The way that it is set up right now is significantly different from what it was at the start of the previous decade. The decentralization that came with blockchain technology, however, went several steps further as it allowed other niches to go through massive...
Read More »TRON Defines the Spend for its $1,111,111,111 Ecosystem Fund
[PRESS RELEASE – Please Read Disclaimer] Geneva, Switzerland / April 28 / – TRON has announced the allocation for the $1,111,111,111 ecosystem fund they revealed in November 2021. The fund was established to foster the growth and development of the TRON ecosystem over 10 years. TRON has been a long-time proponent of the decentralization of the Internet via blockchain technology. Since completing full decentralization in December 2021, the TRON DAO ecosystem continues to...
Read More »Sanji Inu (SANJI) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Apr. 29, 2022 – LBank Exchange, a global digital asset trading platform, has listed Sanji Inu (SANJI) on April 29, 2022. For all users of LBank Exchange, the SANJI/USDT trading pair is now officially available for trading. Cryptocurrencies, combined with blockchain technology, have positively impacted the charitable organizations around the world. As a charity driven token, Sanji Inu (SANJI) strives to help those who cannot help themselves through...
Read More »Renewable Energy Token (RET) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Apr. 28, 2022 – LBank Exchange, a global digital asset trading platform, has listed Renewable Energy Token (RET) on April 28, 2022. For all users of LBank Exchange, the RET/USDT trading pair is now officially available for trading. While the renewable energy industry is surging worldwide, the problem of data integration and distribution hinders the progress of its market. To address this issue, Renewable Energy Chain (REC) proposes a...
Read More »Telegram Users Can Now Trade TON —In Telegram and OKX
On April 26, the TON Foundation announced a new bot that enables cryptocurrency transactions using The Open Network’s token TON inside the Telegram app. This new feature will benefit the more than 550 million users using Telegram, who will be able to send and receive TON without zero fees benefiting from the blockchain once envisioned by Telegram. The feature launched on April 28, the day TON will be available for purchase on OKX, a Malta-based cryptocurrency exchange...
Read More »OneFootball Raised $300 Million From Animoca Brands and Liberty City Ventures
The Germany-based soccer media company – OneFootball – raised $300 million to double down on its presence in the Web3 ecosystem. The American blockchain fund – Liberty City Ventures, the Hong Kong-headquartered Animoca Brands, and other investment giants led the financing. OneFootball’s Jump Into the Blockchain Universe OneFootball – a soccer media application that features live scores, statistics, and news – became the latest sports-related entity to dip its toes in the...
Read More »Gibraltar Introduces New Regulation Against Crypto Market Manipulation
Gibraltar, a small British overseas territory, has released a new guideline for cryptocurrency businesses operating in the region, which aims to foster market Integrity and combat market manipulation. The Gibraltar Financial Services Commission (GFSC) published the regulatory principle on Wednesday (April 27, 2022). The new rule was drafted by a special working group comprising government officials and experts in the crypto and blockchain industry. Governments and regulators...
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