A leaked copy of a United States draft bill concerning cryptocurrency started doing the rounds on Twitter earlier on Tuesday. The 600-page copy of the leaked bill highlights some of the key areas of concern for regulators including decentralized finance (DeFi), stablecoins, decentralized autonomous organizations (DAOs) and crypto exchanges. User protection seems to be the primary focus of regulators, with […]

Paris, France, 7th June, 2022, Chainwire Atlendis, a capital-efficient DeFi protocol that enables crypto loans without collateral, announced today the launch of the Atlendis protocol V1 on Polygon mainnet, a full-stack Ethereum scaling solution. This is a major milestone for Atlendis (formerly known as JellyFi) following its $4.4 million seed funding round and coming a few months after the alpha […]

Many decentralized apps from the traditional chain would need to relaunch on the new one following the introduction of Terra’s new blockchain by the Terra Team.  The launch has already received widespread backing from centralized exchanges and service providers. Huobi, Binance, KuCoin, Bitrue, FTX, Bitfinex, GateIO, ByBit, Nexo, and more platforms are among them. Many decentralized apps have already appeared […]

The United States Securities and Exchange Commission (SEC) is investigating whether Binance Holdings broke securities rules when it launched its BNB token in an initial coin offering (ICO) five years ago, Bloomberg reported on June 6. Binance is the world’s largest crypto exchange, and BNB is the fifth largest cryptocurrency. The BNB ICO took place in July 2017 on several […]

Philip Martin is the latest person to lose quite a bit of crypto after his Coinbase account was taken over by cyberthieves. Philip Martin Loses His Ethereum Stash Before Christmas last year, Martin thought he was logging into his account, though as it turned out, hackers had thwarted the URL and changed it ever so slightly to the point that […]

On Monday, IRA Financial Trust, a platform providing self-directed digital asset retirement and pension accounts, filed a lawsuit against cryptocurrency exchange Gemini for alleged negligence in safeguarding customers’ digital assets during a critical exploit. The firm’s client accounts were held in Gemini’s custody. On February 8, a breach led to the siphoning of $36 million in crypto assets from customers’ […]

According to a Monday report from Reuters, criminals laundered billions of dollars in cryptocurrency between 2017 and 2021 with the help of Binance, the world’s largest cryptocurrency by trading volume. Binance Used To Launder $2.35B Worth Of Crypto: Reuters Report Reuters partnered with blockchain analytics firms Crystal Blockchain and Chainalysis to trace illicit funds from wallets to Binance. The paper […]

Summary: Solana has released a postmortem report examining the most recent 4.5-hour outage on June 1st. The outage resulted from a runtime bug triggered by the durable nonce transactions feature. The Solana team will disable the durable nonce transaction feature in releases v1.9.28/v1.10.23. The team at Solana has released a postmortem report examining the network’s most recent 4.5-hour outage that […]