Ethereum co-founder Vitalik Buterin has confirmed that the recent hack of his X (Twitter) account was the result of a SIM-swap attack. Speaking on the decentralized social media network Farcaster on Sept. 12, Buterin said that he has finally recovered his T-Mobile account after the hacker managed to gain control of it via a SIM swap attack….
Crypto markets tumbled Monday as traders got spooked by the potential selling pressure from bankrupt exchange FTX. Bitcoin (BTC) fell more than 2% and briefly dipped to as low as $24,963 during U.S. morning hours, its first time below the $25,000 level since mid-June. It has pared some of those losses since, now trading at…
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Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect. The new regulations, introduced by the UK’s Financial Conduct Authority (FCA) and expected to come into effect on October 8, means that exchanges with UK customers must…
New York-based game development studio, Pahdo Labs, has successfully raised $15M in a Series A financing round, according to its official blog. The round was spearheaded by Andreessen Horowitz (a16z) and saw participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. This follows a previous seed round where the company garnered $2.5M from notable…
Decentralized derivatives, explained Decentralized derivatives are financial contracts that are exchanged on decentralized platforms, often based on blockchain technology, and derive their value from an underlying asset, such as a cryptocurrency, commodity, stock or even another derivative. These platforms eliminate the need for intermediaries such as traditional financial institutions or exchanges, enabling peer-to-peer trading and settlement. The…
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard
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Cryptocurrency safekeeping firm Qredo has combined Circle’s popular USDC stablecoin with its non-custodial wallet offering. The stablecoin integration also removes the headache of meeting gas fees by allowing USDC to be the ultimate gas fee token on any blockchain, Qredo said on Tuesday. Seamless connection to USDC, the second largest of the USD-pegged stablecoins, is lifeblood to…