In a strategic move towards global expansion, Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This marks a significant milestone for the platform, signaling its commitment to serving clients in key markets beyond the US.
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In the midst of a crypto market recovery, Cardano holders find themselves in a precarious position. Data from IntoTheBlock reveals that Cardano is currently the worst performer in terms of profitability among the top 10 largest cryptocurrencies by market cap. This disappointing performance has left many long-term believers and investors in despair, as the profitability
MPC wallet provider Liminal recently stated that its infrastructure was not compromised during the hack of India-based crypto exchange WazirX. The firm released a detailed post-mortem report on July 19, attributing the breach to compromised devices within WazirX’s network. Liminal clarified in the report that its user interface (UI) was not responsible for the attack.
In a recent development, a US court has granted Binance US the permission to invest a portion of its customer fiat funds, currently held at BitGo, in US Treasury Bills. This decision comes after the exchange requested the court’s approval to invest around $40 million in $10 million increments over a span of four weeks.
BlockFi, the crypto lender that recently emerged from bankruptcy, has announced a significant step in its efforts to repay its clients. The company revealed that the first interim distribution of funds to clients through Coinbase will begin this month. This marks a major milestone in BlockFi’s journey towards rebuilding trust with its clients. Interim Distribution
Stardust, a leading web3 gaming infrastructure company, has recently introduced Starbase, a groundbreaking platform that combines consumer rewards and social gaming into one seamless experience. This innovative platform brings together player rewards and social gaming in a space filled with engaging missions and challenges, catering to both casual and hardcore gamers alike. A significant aspect
The MON Protocol has recently announced the establishment of a new investment fund called MON Ventures, with a specific focus on empowering Blockchain Gaming Studios worldwide. This venture will be led by former senior executives from major gaming and media companies such as Ubisoft, Sony, Activision, Warner Media, Bandai Namco, and Electronic Arts (EA). The
Recently, a blockchain security firm called Cyvers Alert made a shocking revelation about the Indian exchange WazirX. According to the report, WazirX was exploited for approximately $235 million in a series of suspicious transactions involving their Safe Multisig wallet on the ETH network. The total amount of $234.9 million was transferred to a new address,
Recently, leading crypto exchange OKX made headlines with its announcement regarding the discontinuation of its services in Nigeria. This decision was primarily prompted by the recent regulatory changes in the country, which have created challenges for crypto exchanges operating within its borders. According to emails sent to OKX’s Nigerian users, customers have until August 30
The decentralized finance (DeFi) platform LI.FI protocol recently fell victim to an exploit resulting in over $8 million worth of funds being stolen. Cyvers Alerts brought attention to suspicious transactions within the LI.FI cross-chain transaction aggregator. LI.FI acknowledged the breach in a statement on July 16, warning users not to engage with any http://LI.FI powered