The post Expel Lands in London for Cloud & Cyber Security Expo 2023 appeared on BitcoinEthereumNews.com. Security operations provider hosting demos, showcasing latest product innovations, and sharing cybersecurity trends and predictions for the year LONDON–(BUSINESS WIRE)–Following its recent expansion to EMEA, Expel will make its first…
Yuga Labs’ Twelvefold Bitcoin NFT Auction Garners $16.5M in Just 24 Hours
Yuga Labs, the creators of the wildly popular Bored Ape Yacht Club (BAYC), has completed the inaugural auction of its Bitcoin Ordinal non-fungible token (NFT) collection called “TwelveFold”, raising a staggering $16.5 million. This comes hot on the heels after Yuga Labs faced a backlash from the crypto community over the auctioning process of its new […]
DeFi Funding Skyrockets 190% in 2022
Digital asset investment firms invested $2.7 billion in decentralized finance (DeFi) projects in 2022, marking a 190% increase from the previous year, while investments into centralized finance (CeFi) projects dropped by 73% to $4.3 billion. Despite the overall crypto funding figures falling from $31.92 billion to $18.25 billion, DeFi saw a near three-fold increase, potentially […]
DAO gets legal recognition in the US as Utah DAO Act passes
The Utah State Legislature passed the Utah DAO Act, granting DAOs legal recognition and limited liability protections.
DeFi Suffers $21M in Losses from Exploits
Decentralized finance (DeFi) platforms lost at least $21 million in February due to a series of exploits including flash loan reentrancy attacks, price oracle attacks, and other hacks across seven protocols. Noteworthy incidents included the reentrancy attacks on Platypus Finance and dForce network, the price oracle attack on BonqDAO, and the smart contract exploit on […]
Metaverse Craze: Chinese Media Warns of Hype, Regulatory Risks
Amidst a flurry of media hype regarding the Metaverse, China’s CCTV released a financial report on December 10 which indicated that virtual real estate transactions had increased significantly in the Metaverse, reaching up to US$100 million in a single week, raising concerns over its uncertainties and potential risks.China’s CCTV Warns of Metaverse Craze and Regulatory […]
Shiba Inu (SHIB) Counterpart SHIKOKU Plunges 96% as Vitalik Buterin Sells 5 Trillion SHIK
Vitalik Buterin’s selling spree that included SHIK, ETH, MOPS and CULT leads to catastrophe on some assets
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs has come under fire from the cryptocurrency community for its plan to auction its new Bitcoin NFT collection. The company’s plan requires participants to send their entire bid amount in Bitcoin to a unique BTC address controlled by Yuga, and winners would pay up the BTC they bid while Yuga said it would […]
Pakistan Banks Develop Blockchain-based KYC Platform
The Pakistan Banks’ Association has signed a contract to develop Pakistan’s first blockchain-based national eKYC banking platform aimed at strengthening anti-money laundering capabilities while countering terror financing. The blockchain platform will also improve operational efficiencies, mainly focused on improving customer experience during onboarding. (Read More)
Iran Completes Pre-Pilot Phase for Digital Rial
Iran’s central bank has completed a pre-pilot phase for its digital rial, according to an official statement by the Monetary and Banking Research Institute. The CBDC will align with the rules governing the national currency, the Iranian rial, and be distributed among individuals and banks. Ten banks have applied to join the project, and all […]