Iran makes $10M import with crypto, plans ‘widespread’ use by end of Sept
Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for...
Month: August 2022
Curve Finance resolves site exploit, directs users to revoke any recent contracts
An exploit of the site’s front end appears to have resulted in the theft of over $573,000 USD, according to...
Tether also confirms its throwing weight behind the post-Merge Ethereum
We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including...
Coinbase posts $1.1B loss in Q2 on ‘fast and furious’ crypto downturn
It's the largest quarterly net loss for the crypto company since listing on the Nasdaq Stock Exchange in April 2021....
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and...
Iran Places First Official Import Order With Cryptocurrency Worth $10 Million
Iran has placed its first official import order using cryptocurrency worth $10 million, according to a government official. “By the...
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86...
Buy a Dream House With Bitcoin In the Idyllic Caribbean Valley of Puerto Rico
At one point in every crypto enthusiast’s life he or she has envisioned buying their dream mansion, with Bitcoin. What...
German crypto bank Nuri with 500K users files for insolvency
Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic...
BREAKING: Curve Finance team warns users to avoid using site until further notice
A still undefined exploit of the site’s frontend appears to have resulted in the theft of over $573K USD so...
Circle plans to only support Ethereum PoS chain after Merge is complete
“USDC as an Ethereum asset can only exist as a single valid ‘version,‘” said the team at Circle. On Tuesday,...
Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions
It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions. On Tuesday, one day after the...
Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth
Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi...
Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based...
FTX Pay Integrates With Reddit’s Arbitrum Nova-Powered Community Points System
FTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points...
