Wormhole hack causes around $320m in stolen cryptocurrency
Blockchain bridge Wormhole has confirmed that around $320m worth of cryptocurrency has been stolen following a hack earlier this week.
JP Morgan, Mastercard, UBS inject $65m in blockchain firm ConsenSys
Brooklyn-headquartered blockchain technology firm ConsenSys raised $65m from major banks and financial services players including JP Morgan, Mastercard Inc and UBS Group AG to fund its growth and global expansion.
Jack Dorsey says “Hell no” to question about whether Twitter will join Libra
The dual CEO and co-founder of both Twitter and Square has made no secret to where he stands when it comes to the Facebook-backed cryptocurrency.
Bittrex New York customers will get more time to withdraw their funds
The New York Department of Financial Services has given cryptocurreny exchange Bittrex's customers more time to empty their accounts.
Bitcoin stakeholders worried Twitter scam puts the cryptocurrency in a bad light
After several high-profile Twitter accounts were compromised in a bitcoin scam, crypto traders worry that it will put the industry in a bad light.
Cryptocurrency exchanges try to reaffirm faith
Cryptocurrency exchanges have been reaffirming the public of their reserves to quench customer fears, as the market reacts to FTX.
Taiwan Central Bank issues warning about NFT risks
The Central Bank of Taiwan has issued a warning to its citizens about the risks associated with NFTs as a particular mode of investment.
Banks create blockchain alternative to LC transactions
HSBC and Bank of America Merrill Lynch have created a blockchain technology-based version of Letter of Credit (LC) transactions in cooperation with Singapore's IDA.
Zumo eyes decarbonised crypto sector through new purchase pilot program
Crypto wallet and payment platform Zumo has unveiled a pilot renewable energy purchase program aimed at making the crypto sector more sustainable.
Xion Finance closes $50m investment from GEM Digital
Xion Finance, which removes the manual process of investing into initial DEX offerings, has collected $50m in funding.