Jack Dorsey leaves board of decentralized social network Bluesky

Compound Finance is just one of the latest victims of DeFi hacking incidents in 2021. On Sept. 30, its errant token distribution bug within the Proposal 062 exposed a flaw in which $70 million–$85 million in excess COMP tokens were wrongly distributed to users. Yet, an extra $65 million was placed in a vulnerable vault a…

Several years ago, a blockchain strategy for Catalonia was revealed to the world, presenting a comprehensive outline of how a government — albeit a local one — can in time switch to being an e-government. Such a model would be backed by various blockchain systems that would accommodate the needs of the citizens for digital…

Facebook has reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times reports on June 14.Per the report, Facebook hired the senior bank lobbyist in anticipation of the greater regulatory scrutiny in Europe over its plans to launch its own crypto asset and other financial services to…

The ecosystem fund is denominated in Bitget Wallet’s native token, BWB, which is scheduled for debut this quarter.

The Monetary Authority of Singapore recently opened its doors to crypto by introducing the Payment Services Act. This policy is intended to regulate cryptocurrency payments and trading using regulations that currently govern traditional fiat payment services as a guideline. Any interested parties must apply for the appropriate licenses in Singapore, including a standard payment institution…

The proposed crypto task force will examine the impact of crypto and digital currencies across the Commonwealth of Pennsylvania. 338 Total views 48 Total shares A bill to establish a crypto task force in Pennsylvania has been introduced in the state’s General Assembly.According to the details of HB1724 published by LegiScan, the proposed crypto task…

Coinfirm said it would be able to provide the same AML/CFT analytics for assets minted on Cardano, a number which may grow as the project prepares to expand to smart contracts. 1455 Total views 193 Total shares The nonprofit organization behind Cardano has partnered with blockchain analytics provider Coinfirm to ensure ADA is in compliance…

YouTuber and social media influencer Logan Paul is set to refund certain disgruntled investors of his once ambitious CryptoZoo nonfungible token (NFT) game — a year after he promised NFT buyers recourse. Logan said the “buy back” program will be funded by $2.3 million he is personally committing and will involve buying back Base Eggs and

Synthetix has reached the $1 billion in value locked milestone, following other DeFi protocols like Compound and Aave. Synthetix (SNX) has been one of the many DeFi tokens that has made substantial gains in 2020, having hit its all-time high of $7.32 on August 15 and rallied more than 400% year-to-date.SNX/USDT daily chart. Source: TradingViewMost…