Crypto

September 09, 2024

Federal Reserve Research Reveals Discrepancy Between Crypto Market Growth and Ownership Rates

Recent research by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute (CFI) indicates that the rise in cryptocurrency market value has not translated into increased […]
September 06, 2024

August Sees Surge in Crypto VC Funding Amid Market Illiquidity

Despite a summer characterized by low liquidity in the broader cryptocurrency market, venture capital (VC) funding for the crypto sector experienced a notable resurgence in August. […]
September 05, 2024

U.S. Federal Reserve Issues Cease and Desist Order to United Texas Bank Over Crypto-Related Deficiencies

On September 4, 2024, the United States Federal Reserve issued a cease and desist order to United Texas Bank, citing “significant deficiencies” in its risk management […]

Cardano and Hedera Join DeRec Alliance to Enhance Digital Asset Recovery and Security

Cardano’s development arm, Input Output (IOHK), and Hedera, a decentralized public network, have officially joined forces as founding members of the Decentralized Recovery (DeRec) Alliance. This […]
September 04, 2024

South Korea Steps Up Virtual Asset Oversight: A New Era of Crypto Regulation

South Korea’s financial watchdog, the Financial Supervisory Service (FSS), is set to intensify its scrutiny of virtual asset exchanges. This move aims to curb suspicious and […]

Solana Faces Price Pressure Amid Memecoin Frenzy and Speculation on ETF Approval

In recent days, the price of Solana (SOL) has experienced a notable decline, driven in part by ongoing sales from the memecoin launch platform Pump.fun. As […]

Polygon Upgrades to POL Token: What You Need to Know About Polygon 2.0

Polygon has executed a major technical upgrade to enhance its network capabilities and pave the way for Polygon 2.0. As of September 4, Polygon’s native cryptocurrency, […]

Penpie Protocol Hack: $7 Million Laundered Through Tornado Cash Amid Ongoing Concerns

The Penpie protocol suffered a significant breach on September 3, with hackers siphoning off $27 million. Approximately 12 hours later, the attackers transferred about $7 million […]

New Scam Targets Solana Users by Burning Tokens Immediately After Purchase

Scammers have devised a new method to defraud Solana users by burning their tokens within seconds of their purchase. This tactic leverages an in-built Solana token […]

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