Crypto is democratizing investment banking options—Lightspark founder
Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville.
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Over $765K worth of NFTs stolen after SIM swap attack on GutterCatGang
The bad actors utilized a fake GutterCatGang airdrop scam to drain people’s wallets, with at least $700,000 worth of NFTs being stolen from a single address. More than $765,000 worth of nonfungible tokens has been stolen as part of a reported SIM swap attack on the GutterCatGang NFT project.The security breach was highlighted by several…

North Carolina lower chamber overturns governor’s veto of CBDC ban
The bill received strong support in the General Assembly. Now the state Senate will consider overturning the veto.

Bahrain Central Bank Releases First Crypto Exchange to Graduate Its Regulatory Sandbox
Bahrain-based Shariah compliant cryptocurrency exchange Rain has first completed the Central Bank of Bahrain’s (CBB) Regulatory Sandbox, the Saudi Gazette reported on Feb. 26.Rain, which was founded in 2016, has reportedly become the first digital currency exchange to complete the sandbox. The exchange reportedly passed a Shariah compliance certification today, Feb. 26, which was led…

Bitcoin Price Retains $7.5K After Bullish Breakout Upends Bear Market
Bitcoin (BTC) stayed around $7,500 on Nov. 27 after a surprise bullish reversal took markets $700 higher the previous day.Cryptocurrency market daily overview. Source: Coin360Bitcoin clings to surprise gainsData from Coin360 showed BTC/USD come down slightly from Wednesday’s local highs of $7,640 to trade just over $7,500 at press time. The largest cryptocurrency took traders unaware…

Ripple says security incident accelerated its acquisition of Fortress Trust
A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8. 196 Total views 3 Total shares The takeover of Fortress Trust by financial technology company Ripple on Sept. 8 involved more than just an acquisition deal. The transaction was accelerated by a security incident hours earlier involving a

Korean internet giant Kakao expands blockchain presence to Singapore
Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore. Singapore is reportedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klatyn.According to a report by The Korea Herald on Monday, Kakao has established two new blockchain-based entities — the Klatyn…

Hashstack launches Open protocol testnet, offering under-collateralized loans
Harmony's Ecosystem Fund financed Hashstack's solution to improving DeFi lending. 458 Total views 7 Total shares The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital and NFT-backed loans become more popular. According to Dune Analytics, the top three platforms in terms of market capitalization are Aave (AAVE),…

Mt. Gox just moved $3B in Bitcoin; here’s why the price barely blipped
Crypto analysts say Mt. Gox holders are more likely committed to HODLing, and the market thinks so too.