Network and token freeze after Acala exploit raises questions

Network and token freeze after Acala exploit raises questions

The Acala Network’s aUSD stablecoin depegged by over 99% over the weekend and forced the Acala team to pause a hacker’s wallet, raising concerns about its claim of being decentralized. On Sunday,... Read more »
Bitcoin drops to support as looming CPI print shakes up crypto and stock markets

Bitcoin drops to support as looming CPI print shakes up crypto and stock markets

Crypto and equities markets took a bit of a tumble on Aug. 9 as traders grew a bit skittish ahead of tomorrow’s Consumer Price Index (CPI) report. The details of the print... Read more »
Experts find private keys on Slope servers, still puzzled over access

Experts find private keys on Slope servers, still puzzled over access

Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets.  Investigations are ongoing after attackers managed to steal some... Read more »
Celsius denies allegations of Alex Mashinsky trying to flee US

Celsius denies allegations of Alex Mashinsky trying to flee US

Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the United States, the company has claimed. A spokesperson for... Read more »
Hong Kong positioned as the most crypto-ready country in 2022

Hong Kong positioned as the most crypto-ready country in 2022

While public acceptance remains key to crypto’s existence, the road to mainstream crypto adoption requires governments to set up a supporting infrastructure that complements the requirements of the technology and the people. ... Read more »
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition

Strict Thai crypto regulation causes SCB to delay Bitkub acquisition

Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations. As reported by findcryptonews.com in November 2021, SCB X Group, a subsidiary of Siam... Read more »
Bit2Me to onboard 100k blocked crypto investors from 2gether exchange

Bit2Me to onboard 100k blocked crypto investors from 2gether exchange

Following a recent agreement between the two crypto exchanges, Bit2Me announced plans to onboard 2gether’s 100,000 crypto investors, who were recently blocked from trading due to the exchange’s inability to operate amid... Read more »
Crypto needs regulation to mitigate risks, says Bank of England exec

Crypto needs regulation to mitigate risks, says Bank of England exec

Bank of England (BoE) deputy governor for financial stability, Jon Cunliffe, recommended forming a set of regulations — similar to conventional financial systems — to tackle risks within the cryptocurrenc ecosystem while... Read more »
PennyWise crypto-stealing malware spreads through YouTube

PennyWise crypto-stealing malware spreads through YouTube

A new strain of crypto-malware is being spread via YouTube, tricking users to download software that’s designed to steal data from 30 crypto wallets and crypto-browser extensions. Cyber intelligence company Cyble in... Read more »
Better days ahead with crypto deleveraging coming to an end — JPMorgan

Better days ahead with crypto deleveraging coming to an end — JPMorgan

The historic deleveraging of the cryptocurrency market could be coming to an end, which could signal the close of the worst of the bear market, according to a JPMorgan analyst. In a... Read more »