Wemade-backed blockchain platform confirms unauthorized minting and transfer of $6.25 million in WEMIX tokens after contract privileges were compromised. A security breach in WEMIX’s smart contract allowed an attacker to gain owner privileges, resulting in the illegal mint
BitMEX shuts down after 11 years due to increased competition BitMEX, a pioneer in cryptocurrency derivatives trading, will shut down operations in September. The exchange launched in 2014 and introduced 100x leverage perpetual swaps, but has seen volumes decline in r
New draft of Digital Asset Market Clarity Act adds ethics provision The Senate has released a new draft of the Digital Asset Market Clarity Act, which merges two previous versions. The new draft includes an ethics provision that would bar senior government officials f
South Korea’s largest bank will use JPMorgan’s Kinexys network to process $7 billion daily in dollar remittances starting August. KB Kookmin Bank will launch a blockchain-based payment service for import and export firms in August, leveraging JPMorgan’s Kinexys network. Th
NEOS Bitcoin High Income ETF monthly distributions fall from $1.04 to $0.65, reducing forward yield amid BTC's 40% decline. NEOS Bitcoin High Income ETF (BTCI) monthly payouts declined to $0.65 from $1.04, lowering the forward yield to 8% after Bitcoin’s 40% drop. The fund
Russia’s largest bank will introduce regulated cryptocurrency trading infrastructure, including a digital depository, by year-end. Sberbank, Russia’s largest bank, will launch a cryptocurrency trading infrastructure by December 1, aligning with new national regulations. Th
Dormant Bitcoin activity falls to lowest level since Q3 2022 Dormant Bitcoin movement has fallen to its lowest level in four years. This decline suggests that long-term holders have slowed distribution after heavy profit-taking. The metric of coin days dest
KB Kookmin Bank to use JPMorgan's Kinexys for cross-border payments South Korea's largest lender, KB Kookmin Bank, will launch a blockchain-based cross-border payment service in August. The service will utilize JPMorgan's Kinexys network to support US dollar transfers
Stringent regulation may spur mergers and acquisitions Europe's high regulatory bar is expected to drive mergers and acquisitions in the crypto industry. The MiCA regime has advanced crypto regulatory efforts, making it difficult for smaller firms to sustain the cost
BitMart to end trading by August 26 BitMart will wind down its exchange and cease trading by August 26. The move comes as the platform's BMX token has resumed losses, falling below $0.10. The exchange's crypto assets have decreased from $102 million on July 6 to $71
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.