OKX Faces Security Crisis: Massive Outflow of Funds totaling $630M
TL;DR OKX experiences an outflow of over $630 million in one week due to growing security concerns. Users report fund losses due to hacker attacks...
Companies
Latest news about Companies
With the growth of cryptocurrencies, new companies have appeared looking to develop new technology in this growing market. From Exchanges to technology developers, more and more are joining this new world.
In fact, even traditional companies in sectors such as fashion, real estate, automobiles and even gastronomy are joining blockchain technology to take advantage of all its benefits.
In The Cryptocurrency Post we have the latest news about companies and how they are expanding in the blockchain world.
Arthur Hayes Joins Covalent to Develop Ethereum Wayback Machine
by fernando
TL;DR Arthur Hayes, co-founder of BitMEX, joins Covalent as a strategic advisor. The Ethereum Wayback Machine project will ensure the long-term preservation of Ethereum historical...
Orbit Chain Hackers Move Stolen Funds After Major Security Breach
by jose
TL;DR Orbit Chain Security Breach: Hackers exploited a vulnerability in Orbit Chain’s cross-chain bridge, resulting in the theft of $82 million worth of digital assets,...
Binance Reinstates Visa and Mastercard Services Amidst Regulatory Settlements
by jose
TL;DR Service Reinstatement: Binance has resumed Visa and Mastercard services, allowing bank transfer purchases of cryptocurrencies with transaction limits set for euros and U.S. dollars....
McDonald’s Singapore Launches ‘My Happy Place’ Metaverse
by fernando
TL;DR McDonald’s Singapore launched “My Happy Place”, a metaverse in collaboration with Bandwagon Labs. Users can build virtual burgers, play multiplayer and earn rewards. The...
StarkWare’s Million-Dollar Vision: Scaling Bitcoin with Zero-Knowledge Technology
by jose
TL;DR StarkWare has announced an initiative to scale Bitcoin and Ethereum using zero-knowledge (ZK) technology, backed by a $1 million research fund. The initiative aligns with...
Binance Falls Victim to a Chrome Plugin, Trader Loses $1 Million
by guido
TL;DR A Chinese trader lost $1 million on Binance due to a hack related to the Chrome plugin “Aggr”. Despite having two-factor authentication enabled, the...
Terraform Labs and CEO Do Kwon Reach Tentative Settlement with SEC Over Fraud Charges
by jose
TL;DR Terraform Labs and CEO Do Kwon have reached a tentative settlement with the U.S. SEC over fraud charges related to their cryptocurrency offerings, particularly the...
Hashdex Withdraws its Ethereum ETF Application: What Happened?
by guido
TL;DR Hashdex withdraws its application for an Ethereum ETF just as the SEC approves ETH-based financial products. Hashdex’s proposal featured a unique approach, combining physical...
El Salvador’s Leap into the Future: Bitcoin and AI
by jose
TL;DR Economic Strategy: President Nayib Bukele and ARK Invest CEO Cathie Wood, both Bitcoin enthusiasts, aim to use Bitcoin to revitalize El Salvador’s economy and...