Category Archive: Cryptocurrency, No picture
DeFi Protocols Rocked by Latest Hacks Exploiting Vyper Language Vulnerabilities
Hackers have zeroed in on a vulnerability in the Vyper programming language — a well-known tool widely used for developing Web3 projects that target the Ethereum Virtual Machine (EVM) — on two significant DeFi protocols: BNB Smart Chain and Curve Finance. Vyper is known for its similarities to Python, making it a common starting point […]
Does the SEC Have a Favorite Spot Bitcoin ETF? Grayscale Questions SEC
Grayscale Investments is urging the U.S. SEC to prevent what it terms an “unfairly discriminatory and prejudicial first-mover advantage,” for potential Bitcoin ETF issuers: 1/ Yesterday @Grayscale sent a comment letter to $GBTC and other spot #bitcoin ETF files restating that the SEC is in a position to approve all spot bitcoin ETFs *now*, and […]
Is This The Beginning of Worldcoin Regulatory Scruntity?
OpenAI, the company behind the artificial intelligence chatbot, ChatGPT, has recently entered the cryptocurrency market with Worldcoin. This initiative, which uses iris scanning for user identification, is now being questioned by the French National Commission on Informatics and Liberty (CNIL), according to Reuters: “The legality of this collection seems questionable, as do the conditions for […]
Worldcoin Launch Causes Optimism To Surpass Arbitrum in Daily Transactions
A considerable shift has been observed in Ethereum’s Layer 2 scaling solutions landscape. As of July 27, Optimism recorded 944,668 daily transactions, surpassing Arbitrum, which logged 658,013 transactions. This surge in activity on Optimism is primarily attributed to the recent launch of Worldcoin. Optimism Daily Transactions: SourceArbitrum Daily Transactions: SourceWorldcoin, associated with Sam Altman, co-founder […]
US House Committee Moves Forward on Legislation Covering Stablecoins, Digital Assets and More
The House Financial Services Committee has approved seven pieces of legislation, signaling a major revamp in how digital assets, ESG impacts and small business lending data collection are regulated in the United States. The approved Clarity for Payment Stablecoins Act (H.R. 4766) is set to provide a regulatory roadmap for stablecoin issuers and incorporate significant […]
Cryptocurrency Entrepreneur Fernando Pérez Algaba Found Dead in Argentina
Argentine authorities have launched an investigation into the death of Fernando Pérez Algaba, a millionaire entrepreneur and crypto influencer, following the discovery of his dismembered body in Buenos Aires Province, Argentinan news site El Pais, reported. Algaba, a Spainiard who had an extensive following of 900,000 on Instagram, had been residing in Argentina for a […]
Crypto.com Secures Regulatory Approval from the Dutch Central Bank
Crypto.com, a leading cryptocurrency platform, has received registration approval from De Nederlandsche Bank (DNB), the Netherlands’ central bank. This approval comes in line with the country’s Money Laundering and Terrorist Financing (Prevention) Act (Wwft), following a rigorous review of Crypto.com’s business and compliance procedures. This approval gives Crypto.com the official nod to operate as a […]
Nexo Joins ACSS to Boost Crypto Compliance Standards
Nexo, a digital assets institution, is improving its position in the crypto industry through a new partnership with the Association of Certified Sanctions Specialists (ACSS), revealing a strong commitment to improving regulatory compliance standards. Proud to announce our partnership with the Association of Certified Sanctions Specialists. Harnessing the expansive databases, meticulous training resources, and far-reaching […]
PancakeSwap Sweetens Network with zkSync Era Launch
Decentralized exchange PancakeSwap is leveraging zkSync’s layer 2 solution to deliver increased scalability and efficiency, making a notable stride for the mass adoption of DeFi, according to a press release sent to Crypto Briefing. This integration with zkSync, powered by ZK-rollup technology, offers users faster transaction speeds and substantially reduced gas fees, making PancakeSwap an […]
Coinbase CEO Says Vote ‘Yes’ for Crypto Regulatory Bills: FIT2, Blockchain Certainty Act
Coinbase’s chief, Brian Armstrong, is using his platform to encourage American citizens to endorse the proposed crypto regulatory bills – the Financial Innovation and Technology for the 21 Century Act (FIT21) and the Blockchain Regulatory Certainty Act. Armstrong urged the public to reach out to their representatives to vote favorably on FIT21. Important action you […]
