Aptos: Much-awaited Silicon Valley Blockchain Flops Amid Transparency Concerns

The much-awaited Silicon Valley blockchain startup Aptos, which includes former workers of Meta Platforms Inc. (NASDAQ: META), started logging transactions on Tuesday. But is the buzz justified? The Solana data throughput and Ethereum’s popularity are the targets of the contracts/dApps…

Mango Markets $100 Million Exploiter Reveals Identity

The exploiter of the DeFi loan portal Mango Markets in Solana has identified himself and described his behavior as “a highly profitable trading strategy.” According to Avraham Eisenberg, who describes himself as a “digital art dealer,” he was responsible for…

EU Sanctions Get Russian Journalists and Activists Kicked Off Crypto Exchanges

Russian users of the cryptocurrency exchanges LocalBitcoins, Crypto.com, and Blockchain.com have been advised to withdraw money from their accounts as services will soon be halted for them. Fresh Set Of Sanctions The European Commission last week issued a fresh set…

October Already the Biggest Month In Crypto Hacks According to Chainalysis

According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches.  $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…

Ripple Defies Bear Market and Court Case To Make Big Moves In France and Sweden

Cryptocurrency payments company Ripple Labs continues to defiantly beat the odds as it seeks to beat the SEC case and reestablish itself in the crypto space. The company has established new relationships in France and Sweden, advancing farther into Europe…

PayPal Forced to Backtrack on Stance That Would Have Boosted Crypto Adoption

PayPal has been on the news lately for the wrong reasons. The payments giant had made it public that it would adopt a policy against misinformation. If the policy had seen the light of day, it would have seen users…

New and Disruptive International Crypto Rules Proposed by Influential Finance Watchdog

The ongoing crypto winter has caught the eye of financial watchdogs and some disruption is brewing.  After the recent turmoil in the cryptocurrency market, the Financial Stability Board, a watchdog organization and standard-setter for the global financial system supported by…

Celsius top executives withdrew at least $30 million of crypto in 2022

According to a financial disclosure form filed in the New York Bankruptcy Court last Wednesday, Celsius’ ex-CEO Alex Mashinky and ex-CSO Daniel Leon allegedly withdrew at least $17 Million in cryptocurrency right before the company halted all customer withdrawals.    …

McDonald’s to accept Bitcoin in Switzerland

McDonald’s, the world’s largest fast-food chain and one of the best-known brand names is among the first to participate in a crypto-friendly experiment in the town of Lugano in Switzerland.  Lugano announced in March of 2022, that it will start…

Visa introduce new cryptocurrency plans as Mastercard allow merchants to accept payment in crypto

Recently, global credit card giants Visa and Matercard were making news in the crypto sphere by announcing their latest initiatives with crypto. Earlier in February Mastercard revealed their plans on crypto and in response to that Visa recently revealed their…