Forward thinkers in the gambling space have already identified blockchain as a technology that is going to change the way we do things. The smart ones, such as Karolina Pelc, have already begun the process of exploration and education on how blockchain can better their business. Pelc, who was named one of the most influential women in iGaming by iGB, […]

Ripple has filed a motion to compel the United States Securities and Exchange Commission to disclose its internal cryptocurrency trading policies as part of the ongoing legal battle with the securities regulator. James Filan, an attorney closely following the SEC’s case against Ripple, shared a new motion document seeking to bring clarity to whether the SEC permitted its own employees […]

Decentralized finance (DeFi) protocol xToken suffered another exploit following a vulnerability in the xSNX contract, which resulted in the loss of $4.5 million. Cream Finance protocol also lost over $26 million from a flash loan attack.  Attackers Drain $4.5 Million from xToken The team behind the xToken project announced the news of the xSNX exploit via Twitter on August 29. […]

The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency. In a sensitization document sent to commercial banks in the country, the CBN outlined several design features of the central bank digital currency (CBDC). According to the document seen by Cointelegraph, Nigeria’s CBDC is codenamed “Project Giant” and will be pegged to the value […]

Bilaxy, a lesser-known cryptocurrency exchange, has confirmed a major hacking incident, reporting losses of funds due to an exploit of the platform’s ERC-20 hot wallet. Bilaxy announced on its Telegram channel that the crypto exchange suffered a “serious hack” on Aug. 28 between 6 p.m. and 7 p.m. UTC, resulting in the transfer of 295 different ERC-20 tokens. According to […]

Multi-asset electronic trading solutions provider, smartTrade Technologies announced on Monday that the company has expanded its partnership with SBI Liquidity Market, one of the largest FX infrastructure solution and liquidity providers in Japan. According to the recently expanded partnership, smartTrade will provide support for SBI FXTRADE’s cryptocurrency derivative trading operations. Additionally, SBI has shifted its trading facility into smartTrade’s Tokyo […]

Ethereum failed to clear the $3,280 resistance and corrected lower against the US Dollar. ETH price must stay above $3,140 to avoid more downsides in the near term. Ethereum seems to be facing a strong resistance near $3,280 and $3,300. The price is now trading below $3,200 and the 100 hourly simple moving average. There was a break below a […]

Bitcoin scams have been rampant since the market started gaining popularity. Since its over a decade-long existence, there has been an uncountable number of scams. Some of these scams have become well-known that most people do not fall for them again. But others have evolved to be harder to spot. Hiding in the shadows so the victims do not even […]