Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool late Saturday.  The exploit targeted a “flawed liquidity share calculation” in the SPARTA/WBNB liquidity pool, which enabled the attacker to withdraw the funds, blockchain security company PeckShield explained. The security expert continued: “In particular, […]

This is Part Two of a multipart series on blockchain and crypto in China. Read Part One about the digital yuan here.  When Satoshi Nakamoto introduced the Bitcoin (BTC) white paper over a decade ago, it was hard to imagine what role the cryptocurrency sector would play in global finance. Some argue that the invention of blockchain technology is comparable […]

The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette states that the country’s latest […]

A chief economist at UBS, the largest bank in Switzerland, sees a number of problems with bitcoin. In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.” UBS Chief Economist Sees Multiple Problems With Bitcoin Paul Donovan, Chief Economist of UBS Global […]

Christian Angermayer is a 42-year-old German billionaire that seems to have become a big fan of cryptocurrencies. Angermayer Probably Has Money to Throw Around To be fair, he is a big fan of many things, claiming that he invests primarily in things that he has grown “curious” about. Perhaps when you have billions to throw around like that, you do […]

Cryptocurrencies have been a debatable thing to spend on over the years. But in the present day, they are materialising as one of the most valuable financial assets. It is believed to have the potential to uplift the world’s economic and social growth. On top of that, cryptocurrencies offer much easier access to capitals and various financial services. However, apart […]

It is a pivotal moment in the development of the new digital economy. Interest in all things crypto keeps growing exponentially, and investment follows closely. There has arguably never been so much money poured into a product class that was so poorly understood, both by the wider public and by most investors. In lieu of actual understanding, stakeholders in the […]

Built on top of Binance Smart Chain, CryptoTycoon (CTT) is a monopoly game based on Binance Coin (BNB), Binance USDC (BUSD), and stablecoin Tether (USDT). With it, users can play to construct in-game buildings by rolling the dice. The game operates with a deflationary and dividend model, according to an official post. The team behind the game recently announced the […]