KuCoin Faces the Abyss Due to DOJ and CFTC Lawsuit
TL;DR KuCoin has faced a 50% decrease in its market share and a 75% drop in daily trading volume after facing charges from the US...
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US States Eye Cardano Blockchain for Voting Security: What Could This Mean?
TL;DR Several US states have approached the Cardano Foundation to explore blockchain-based voting solutions. The CEO of the Cardano Foundation, Frederik Gregaard, confirmed the interest...
Vitalik Buterin’s Insight on Layer 3 Networks
TL;DR Vitalik Buterin’s Perspective: He acknowledges the cost-saving potential of Layer 3 (L3) networks but suggests there are simpler ways to achieve these savings without fully...
Cryptocurrencies On Volatile Ground: $400 Million Liquidated in Record Time
TL;DR More than $400 million liquidated from the crypto market in the last 4 hours. Binance recorded the highest number of liquidations. BTC and ETH...
Binance Establishes its First Board of Directors in a Key Step towards Regulation
TL;DR Binance appoints its first board of directors, headed by Gabriel Abed. The board includes three independent members and four company insiders. Despite the appointments,...
Tether Achieves ‘Gold Standard’ Security with SOC 2 Type 1 Audit Completion
TL;DR Tether’s Enhanced Security Measures: Tether, a leading cryptocurrency company, has completed a SOC 2 Type 1 audit, demonstrating that its IT systems meet high...
OpenLeverage Loses $230,000 After Hack and Announces Compensation for Its Users
TL;DR OpenLeverage suffered cyberattacks, losing $230,000 in assets, reported by Cyvers Alerts on Twitter. The platform temporarily suspended its operations and ensured having insurance funds...
StakeStone Launches Exciting Omnichain Carnival: Participate, Win, and Be Part of the Community
TL;DR Start of deposit for Omnichain Carnival Wave 1 with a limit of 200,000 STONE. Staking by locking STONE or ETH on the Ethereum mainnet....
Arthur Hayes Advocates for the Relevance of Memecoins in the Cryptocurrency Industry
TL;DR Arthur Hayes, co-founder of BitMEX, defends the relevance of memecoins in the crypto industry. Memecoins, although often considered worthless, can attract attention and new...
The Tokenization of U.S. Treasury Bonds Surpasses $1 Billion
TL;DR The tokenization of U.S. Treasury bonds has surpassed one billion dollars in value. These are digital representations of U.S. government bonds, allowing investors to...