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A collection of 276 issues

Cyber Theft in the Cryptocurrency Sector Surpasses $200 Million in Early 2024, Marking a 15.4% Increase from the Previous Year

As the digital age continues to evolve, the cryptocurrency industry finds itself increasingly at the mercy of cybercriminals, with the early months of 2024 witnessing a significant uptick in theft. According to a recent report by Immunefi, a leading security services provider for the crypto sector, over $200 million has

Major Fraud Uncovered in the Blast Ecosystem: RiskOnBlast Team Pulls Off a $1.3 Million Rug Pull

In what marks a significant breach of trust within the burgeoning Blast ecosystem, the RiskOnBlast project team executed a rug pull, absconding with over $1.3 million worth of cryptocurrency. This incident, which saw the diversion of more than 420 ETH (Ethereum), represents the first major case of fraud in

ECB Critiques Bitcoin: Expensive, Slow, and Inconvenient for Transactions

The European Central Bank (ECB) has once again spotlighted Bitcoin in its latest publication, underscoring the cryptocurrency's inefficiencies as a payment solution. The report highlights that the only fuel for the speculative bubble in the market is the influx of new capital, casting a critical eye on Bitcoin's role and

South Korea to Consider Launching Spot Bitcoin ETFs as Part of Ruling Party's Election Campaign

In a move that signals a significant shift in the financial and political landscape of South Korea, the ruling party has announced plans to include the consideration of launching spot Bitcoin Exchange-Traded Funds (ETFs) as a key component of its election campaign strategy. This announcement comes amidst a backdrop of

Decentralized Exchange FixedFloat Hacked, Suffers $26 Million Loss in Crypto Assets

In a significant security breach, the decentralized cryptocurrency exchange FixedFloat has fallen victim to a hack, resulting in a substantial loss of $26 million in crypto assets. The incident has temporarily rendered the service inaccessible as the project team works diligently to address the vulnerability and restore normal operations. This

OpenAI Gears Up to Challenge Google: A New Search Engine on the Horizon

In a bold move that could potentially reshape the landscape of internet search, OpenAI, the creator of the groundbreaking ChatGPT, is reportedly developing its own search engine. This initiative, if successful, promises to introduce a formidable competitor to the dominance of established players such as Google and Microsoft's Bing. Sources

Do Kwon, Terraform Labs Co-Founder, Prevails in Second Extradition Appeal: A Legal Victory Against Mounting Pressure

In a recent development reported by CoinDesk, Do Kwon, the co-founder of Terraform Labs, has achieved a significant legal victory in his ongoing battle against extradition requests from the United States and South Korea. This triumph comes after a second successful appeal to overturn the Montenegro High Court's decision, which

DCG Files Protest Against Genesis Company's Bankruptcy Plan

The world of cryptocurrencies is often rife with legal battles and regulatory challenges, and the latest skirmish involves Digital Currency Group (DCG) filing a protest against the bankruptcy plan proposed by its subsidiary, Genesis. According to a report by Reuters, DCG has taken issue with Genesis' proposal, claiming that it

Binance Tightens Listing Procedure Following Rumors of Ronin Listing Information Leak

In the fast-paced world of cryptocurrency exchanges, maintaining integrity and trust within the community is paramount. Recently, Binance, one of the leading global cryptocurrency exchanges, faced a significant challenge when rumors surfaced regarding the listing of the Ronin token (RON) and the subsequent price drop it experienced post-listing. Yi He,

Binance faces pressure from regulator

In an ambitious move to re-enter the UK market, Binance, the world's leading cryptocurrency exchange, has faced significant regulatory hurdles. Media reports have highlighted the company's efforts to navigate the complex landscape of financial regulation overseen by the UK's Financial Conduct Authority (FCA). Despite reaching out to at least three