Hong Kong’s SFC released a circular on a new licensing system for VATPs.
The VATPs are required to get licensed under the SFC for continuing their operations in Hong Kong.
Applications for the license should be submitted before February 29, 2024, as per the circular.
Hong Kong’s Securities and Futures Commission (SFC) released a circular on May 31 announcing the transitional arrangements for a new licensing system for centrali...
IntoTheBlock emphasizes the importance of liquidation blocks in evaluating DeFi risk.
The firm warns of potential collateral shortfalls if overlooked.
Over 39,000 traders liquidated in the last 24 hours, with losses totaling $88.69 million.
In a recent report, market intelligence platform IntoTheBlock underscores the crucial role of liquidation blocks when evaluating risk in decentralized finance (DeFi) protocols. It highlight...
An anonymous attacker seized control of the Tornado Cash protocol, by exploiting a malicious proposal.
Reportedly, he stole more than $1 million from the DAO’s funds.
The attacker has proposed to revert everything, giving control back to the community.
According to the latest reports, an anonymous hacker has seized control of the decentralized finance (DeFi) protocol, which helps customers conceal transactions, Tornado Cash, by expl...
Arbitrum has gained significant traction in the DeFi sector.
Integration with GMX_IO plays a crucial role in Arbitrum’s mass adoption.
User adoption for Arbitrum more than doubles after the token Incentive conclusion.
According to a recent finding by Messari, a well-known crypto data analytic firm, Arbitrum, the layer two scaling solution for the Ethereum (ETH) network, has managed to carve out a lucrative niche within the decentral...
Altcoin Daily discussed recent allegations leveled at the hardware wallets Ledger Wallet and Trezor Wallet.
The host stated that the Ledger users have felt betrayed as the platform has not been transparent about its new seed phrase retrieval feature.
The video concluded by suggesting the crypto community remains calm for a few days before drawing conclusions about the severity of the issue.
Altcoin Daily, a YouTube channel run by t...
Rumored upcoming AirDrop boosts zkSync Era and StarkNet on-chain activities.
Increasing network activities of both solutions are eating into the dominance of Polygon.
Polygon founder has not ruled out the possibility of a future airdrop.
The rumored AirDrop for upcoming Layer 2 solutions zkSync Era and StarkNet has propelled the projects’ network activities significantly. According to reports, the increasing network activities of bo...
The SORA Community has announced that sign-ups for SORA CARD will be live on May 17, 2023.
The SORA Card will officially launch in coming days, date for which is yet to be announced.
SORA Card provides users with a variety of neobanking features such as IBAN and debit card, as well as integration with Polkaswap DEX and two self-custodial crypto wallets
The SORA community has announced that sign-ups for the SORA CARD will start on Ma...
Grayscale Investments announced the launch of Grayscale Funds Trust.
The funding project focuses on managing the company’s publicly traded financial products.
The company has also filed a Registration Statement with the SEC for the approval of the ETF franchise.
Grayscale Investments, the leading investment management company, announced on May 9 the launch of the Grayscale Funds Trust, the company’s new arm focused on managing its p...
European DeFi industry worries about a Data Act law that could kill smart contracts.
FThe law would require smart contracts to be terminated or interrupted at will.
Advocates call on policymakers to consider the potential danger of spillover effects.
It has been reported that the European DeFi industry is lobbying against a potential Data Act law that could kill smart contracts and disrupt the broader blockchain industry. While nego...
CakeDeFi CEO Julian Hosp posted a video titled ‘The Shocking Truth About most Cryptocurrency Custody Providers.’
Hosp, through his video, explains why he believes custody providers cannot all be trusted.
The tech leader also asks his followers to check for viable cryptographic proofs when looking for custody providers.
CakeDeFi CEO Julian Hosp took to Twitter earlier today to post a video titled ‘The Shocking Truth About most ...
