The stringent measures that appear to have been established against crypto in New York, the acceptance of stablecoins for bail bonds is a win. The city of New York is currently planning to add stablecoin payments as a form of bail. According to a May 10 bill, the city is proposing legislation that will allow defendants to use fiat-backed stablecoins for bail bonds. Noting that current methods allow the use of cash, credit cards, and insurance, the new bill seeks an amendment that will make...
Read More »KuCoin Loses $22,000 due to Twitter Hack, Exchange Announces Reimbursement
KuCoin has assured all the impacted users that it would reimburse them the amount lost while also pledging additional security measures. In the latest development, the hackers managed to briefly breach the Twitter account of the crypto exchange KuCoin thereby causing the exchange users to lose more than $22,000. Earlier today on April 24, hackers took over KuCoin’s Twitter account for 45 minutes, promoting a fake activity. Although the incident was brief, KuCoin has acknowledged that it...
Read More »KuCoin’s Twitter Account Hack Led to Asset Losses Worth Over $22,000
KuCoin’s Twitter account was briefly compromised, causing the platform’s users to lose over 22,000 USDT to hackers through fake activity. The crypto exchange was able to recover its account and promised to reimburse affected users. KuCoin revealed that hackers took over its Twitter account for 45 minutes to promote a fake activity on Monday, April 24. While the incident was brief, the company said that it identified 22 transactions in connection with the fraudulent activity,...
Read More »KuCoin Plays Lead Role in Funding Round for Yuan Stablecoin Issuer CNHC
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Read More »Pantera, Kraken, and Others Join Consortium for Injective Labs’ $150M Fund
The digital asset markets have been shaky in the past year, but the blockchain sector continues to scale as demand intensifies from both crypto-native as well as traditional institutions eyeing to leverage the space. Decentralized smart contracts platform Injective is the latest to announce a new $150 million ecosystem initiative to spur the adoption of interoperable infrastructure and DeFi. Leading the charge is a consortium of prominent Web3 players such as Pantera Capital,...
Read More »3Commas Finally Admits Latest API Keys Leak Was Its Fault
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Read More »KuCoin Celebrates 5-Year Anniversary, Reveals Big Expansion Plans and Community Events
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Read More »Terra Luna Classic (LUNC) Soars 100% Weekly as KuCoin, Gate Io Extend Tax Burn Support
Despite the dramatic sell-off of Terra ecosystem tokens, LUNC has managed to rally along with the crypto market favoring the upside. While the plan continues to revive the chain and attract investors back, the latest surge of more than 100% over the past week after its tax burn confirmation. At the time of writing, LUNC was trading at $0.00056, recording a daily rise of almost 55%. LUNCUSDT. Source: TradingViewAs per the new 1.2% Tax Parameter Change proposal, taxes will be...
Read More »Diplomatie: Das Abenteuer eines jungen chinesischen Krypto-Tycoons
Die Mitglieder der Welthandelsorganisation (WTO) haben auf der 12. Ministerkonferenz (MC12) ein noch nie dagewesenes Paket von Vereinbarungen erzielt. Im Alter von 31 Jahren war Justin Sun als Leiter der Delegation von Grenada Zeuge des Zustandekommens des „Genfer Pakets“.„Das ist ein aufregender und heiliger Moment“, erinnerte sich der junge Milliardär später. Bevor er als Botschafter Grenadas bei der WTO am MC12 teilnahm, war Justin Sun weithin als Gründer von TRON bekannt. Statistiken...
Read More »KuCoin mit Ethereum Merge-Wettbwerb
KuCoin-Wettbewerb für alle! Die bekannte Bitcoin-Börse KuCoin hat sich einen flotten Wettberb zur feier des kommenden Ethereum Merge ausgedacht. Und zwar ist die Aufgabe denkbar einfach. Und zwar geht es darum, den exakten Zeitpunkt des Merge zu erraten. Jeder mit einem Account kann mitmachen. Was ist der Ethereum Merge? Was passiert nach dem „Ethereum Merge“? Am 6. September 2022 soll der Startschuss für den Merge fallen — Mitte des Monats soll er...
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