Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed
According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44...
Month: September 2021
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance...
Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt
The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has...
Fed’s Powell Scrutinized for Owning Bonds of the Same Type the Central Bank Bought During Pandemic
As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has...
DeFi platform Vee Finance exploited for $35M on Avalanche blockchain
Vee Finance says it suffered a $35 million attack just a few days after launching the mainnet on Avalanche last...
Top Brazilian investment bank BTG Pactual launches crypto trading app
Initially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a...
Miners have accumulated $600M worth of Bitcoin since Feb
Bitcoin miners appear reluctant to sell their BTC as hashrate increases despite the recent sell-off. Bitcoin miner are accumulating as...
Stocks sell-off tanks Bitcoin price, but traders expect a bounce near $42K
Fear over the Evergrande situation weighed heavily on equities markets and Bitcoin price, leading traders to expect a bounce in...
Fortune launches philanthropic fund for journalism on Ethereum
The fund was established on Endaoment, an on-chain nonprofit organization that helps 1.5 million entities accept cryptocurrency donations. American business...
Robinhood users may soon be able to withdraw crypto for the first time
Robinhood is reportedly testing a new crypto wallet feature that would finally enable users to withdraw crypto from its app....
Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO
Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that...
Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn't deterring pro...
Texas following El Salvador? Poll shows 37% of residents want crypto payments
Two pieces of legislation related to cryptocurrencies recently took effect in the state, and many businesses already accept digital payments....
Solana attributes major outage to denial-of-service attack targeting DEX offering
The Solana Foundation says bots spammed the Grape Protocol IDO on Raydium with 400,000 transactions per second, bringing the network...
60 Cryptocurrency Exchanges in South Korea to Shut Down All or Some Services This Week
The deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South...
