Crypto news

A security outfit led by ethical hackers who specialize in security audits claimed to be offered a $500 bounty by DxSale Network, a decentralized token launchpad, after informing the platform of a breach that could cost it over $5 million. The reward is one of the lowest ever offered to a white hat hacker. $500 Reward for Saving $5 million Decurity, in a recent blog post, revealed that one of its researchers on June 28, 2023, discovered a bug in an unverified smart contract...

The past 24 hours in the cryptocurrency markets saw the total capitalization increase by some $6 billion. In other words, not much happened. Some of the major coins are charting ever-so-slight gains, but in general, the trend remains largely rangebound. Bitcoin remains indecisive at $30K and unable to escape that range, but let’s see how it all fared. BTC Price Flat at $30K As you can clearly see in the chart below, the past 24 hours didn’t provide anything of substance when...

The legal war between the United States Securities and Exchange Commission and Ripple Labs appears to be far from over. While the latter managed a partial win following a recent court ruling, the Commission doesn’t seem to be backing down just yet. According to a recent report by Bloomberg, the United States Securities and Exchange Commission has asked a federal judge to ignore key parts of the recent ruling in the agency’s case with Ripple Labs. The watchdog argues that the...

Stablecoins and central bank digital currencies (CBDCs) have been an ongoing point of discussion for a while now. Ripple – the company behind one of the world’s largest cryptocurrencies, XRP – has entered into a new partnership aimed at fostering support for both. According to a recent blog post, Ripple partnered with a company called  “SUPER HOW?” The partnership aims to become a catalyst for testing and issuing digital assets, which include stablecoins and central bank...

Andrew Griffith, economic secretary to the UK Treasury, said that equating crypto assets as a form of gambling would risk creating misalignment with international standards and approaches from other major jurisdictions, including the European Union. Responding to a Treasury Committee’s report on regulating crypto, Griffith said that such a move would potentially create unclear and overlapping mandates between financial regulators and the Gambling Commission. Regulating Crypto...

Binance’s venture capital and incubation arm, Binance Labs, has announced investing $10 million in LayerZero Labs-based lending and borrowing protocol, Radiant Capital. The capital raised in the strategic funding round will be deployed to tech and product development to expand on oracle support, collateral expansion, Ethereum mainnet deployment, cross-chain liquidations, dual-emissions support, abstracted repayments, and full LayerZero messaging support. According to the...

With a swath of Bitcoin spot ETF applications knocking at the regulators’ doorsteps, it’s only a matter of time before the U.S. Securities and Exchange Commission (SEC) is forced to issue a decision on whether or not to approve them. Estimates show that the agency may approve the first application as early as August. First Deadline Incoming According to Bloomberg ETF analyst James Seyffart, the ARK 21shares Bitcoin ETF – which has been denied alongside other spot ETFs in past...

The past seven days have mostly been centered around Bitcoin and the aftermath of the ruling in the case between Ripple and the United States Securities and Exchange Commission. That said, the total market capitalization declined by some $11 billion throughout the same period, as investors are wary of future uncertainty. Bitcoin’s price has largely remained around the $30K area – a pivotal level that’s consisted of significant technical but also psychological resistance. BTC...

The “BITCOIN” cryptocurrency has skyrocketed by over 300% in value over the past week – gains the world’s largest cryptocurrency could only hope to gain through a massive influx of investor capital. That said, a closer look shows that’s not exactly what happened. “BITCOIN” is actually the ticker symbol for a relatively new meme token, called HarryPotterObamaSonic10Inu (ERC-20). Data from CoinMarketCap shows that the token is suddenly generating over $14 million in daily...

Immunify.Life is thrilled to announce its initial token listing on Quickswap, one of the leading decentralised exchanges in the blockchain space. The launch is slated to take place on July 22nd at 1 pm UTC, representing a crucial step in the project’s journey and providing it significant exposure and liquidity. Introducing Immunify.Life Immunify is the cutting-edge, blockchain-powered healthcare platform that allows patients, medical practitioners, and researchers...