Analysts of prominent investment bank JPMorgan believe that Coinbase will be meaningfully benefitted from the upcoming Merge. In a note to the clients on Wednesday, analyst Kenneth Worthington said that the San Francisco-based crypto exchange has taken concrete measures in a bid to maximize the value of ETH staking for its clients. This is expected to...Read More
Leading stablecoin issuer Tether has hired accounting firm BDO Italia to replace Cayman Islands firm MHA Cayman in overseeing its attestation reports for USDT reserves. The USDT issuer said it plans to release its attestation reports every month, replacing the previous quarterly reporting arrangement. Tether Hires Major European Auditor Founded in 1965, BDO Italia is...Read More
While Ripple execs claim that the company has been unfairly treated by the SEC, Ethereum frontman Vitalik Buterin hasn’t been exactly silent either. In a fresh jibe, the latter accused the former of throwing Ethereum under the bus as “China-controlled.” The latest feud also started with a discussion of new regulatory changes in Canada with...Read More
Brian Armstrong – CEO of Coinbase – stated on Thursday that he would refuse to censor the Ethereum blockchain using his platform’s concentrated stake in the protocol. If compelled by the government to do so, he’d rather shut down the service. Armstrong made his intentions clear in response to an Ethereum developer’s question concerning the...Read More
Tl;dr Coinbase has seen a concerning increase in fraudulent cryptocurrency investment platforms that are sourcing victims through connections on dating apps and social media. We are encouraging our users to be vigilant against this type of social engineering scam. The Coinbase Security team has previously submitted the domains in this blog, in addition to several...Read More
[PRESS RELEASE – Please Read Disclaimer] Finblox, a popular Hong Kong-based crypto earnings platform – recently announced the launch of their “FinSwap” and “Pool Party” products, marking an ambitious expansion from their “FinEarn” product which allowed users to buy and earn passive crypto rewards. FinSwap helps eliminate the problem of cross-platform fees, as most crypto...Read More
Fidelity’s Director Comments On The BTC and ETH Price Bitcoin and the overall cryptocurrency market have experienced a tremendous run-up over the past 45 days since the start of July 2022. In a series of tweets on Friday, Jurrien Timmer, director of Global Macro, in the global asset allocation section of Fidelity Investments, discussed his...Read More
South Korea’s financial sector regulator Financial Services Commission (FSC), is planning to stop domestic access to foreign crypto exchanges that are not registered in the country. These trading platforms have been asked to obtain proper licenses by September 24. Failing to do so will instantly result in the blocking of their websites. Also, users who...Read More
[PRESS RELEASE – Sunnyvale, CA, 18th August 2022] Software Developer to Create a Suite of Killer dApps that Leverage Next-Generation Protocol and Marketplace for Decentralized Storage W3 Storage Lab, a Web3 decentralized application company, announced that it closed a pre-seed financing round of $3M. The round was co-led by Draper Dragon and OKX Blockdream Ventures...Read More
The blockchain interoperability protocol, Celer Network’s cBridge project, became the target of a DNS hijacking attack. The team notified the community about suspicious DNS activity on August 17th. After investigation, it was found that the UI hijack was designed to redirect users to interact with the compromised smart contracts and ultimately drain their balances. The...Read More
Gym Network announced today that it is poised to release version 2 of its platform, which will bring new functionalities, including Single Pool and BUSD Stable Coin Vault. The updates will offer people active in the DeFi space exclusive rewards, tickets, and the ability to defy bear market conditions, among various benefits. What is the...Read More
The Merge continues to be one of the most high-profile upgrades in recent times. But the retaliation is strong and has gained many allies. Those opposing keep reiterating their push for Ethereum to undergo a “hard fork” after it transforms into a proof-of-stake (PoS) blockchain next months. Despite this, many protocols are looking to shift...Read More
[PRESS RELEASE – Please Read Disclaimer] We are proud to announce that Zetly established a partnership with PowChess. The two companies are working together to allow more people to play online games using the BSV Blockchain as its core platform. These two organizations have come together in synergy. From one side, PowChess will bring their...Read More
