Decentralized exchange platform Orion Protocol has suffered a $3 million hack due to reentrancy issues from third-party libraries. Orion protocol was designed to enable users to access liquidity pools across centralized and decentralized exchanges right from their non-custodial wallet. However, an incomplete reentrancy issue caused the protocol to be hijacked by a hacker who stole […]
CZ says no Binance user incurred losses from Orion Protocol’s hack
Binance CEO, Changpeng Zhao, said that no Binance users or assets were affected by the Orion Protocol (ORN) $3 million hack. Changpeng Zhao tweeted that the Orion Protocol (ORN) hack was due to a lack of re-login protection and led…
Central Bank of Sri Lanka insists Bitcoin will not fix economic crisis
Tim Draper’s attempt to bring Bitcoin to Sri Lanka was firmly rejected by the country’s President Ranil Wickremesinghe, according to Bloomberg News. Despite President Wickremesinghe declaring the country bankrupt in July 2022, the offer to integrate Bitcoin into the national economy was not taken up. Sri Lanka is bankrupt Around April 2022, protests erupted around […]
Bitcoin (BTC) to Hit $28,000 Next Week? This Analyst Thinks So
The post Bitcoin (BTC) to Hit $28,000 Next Week? This Analyst Thinks So appeared first on Coinpedia Fintech News The fact that Bitcoin has established what seems to be a firm support level of over $23,000 has brought a lot of excitement to the community. At the time of going to print, one king coin […]
Cardano-Based DJED Stablecoin Falls Below $1, Here’s Why
Price fluctuations of newly released stablecoin are raising some concerns, even among Cardano investors
Standard Chartered to set up crypto custody in Japan
The Japan-based SBI arm of the standard chartered Zodia will target institutional clients and provide gold-standard crypto asset custody services in Japan.
Is Bitcoin and crypto market in danger? Biggest stablecoin of history only controlled by 4 people – WSJ
Giancarlo Devasini, Bitfinex’s chief financial officer, owned approximately 43 percent of Tether USDT in 2018. Bitfinex CEO Jean-Louis van Der Velde and Chief Counsel Stuart Hoegner, each owned approximately 15 percent of Tether USDT in 2018. The cryptocurrency market has obtained mass popularity due to its decentralization aspect. Almost all crypto projects have been aspiring […]
HSBC is looking for a top executive to work with asset tokenization
The Tokenisation Director would “create and execute” a worldwide tokenization proposal. (Read More)
Australia introduces classification for crypto assets
The national regulators propose to distinguish four major types of products related to the crypto industry.
Reliance Retail accept digital rupee at one store
Reliance Retail has pledged to assist India’s CBDC throughout its companies. (Read More)