Trader claims to lose $310K on dodgy exchange pitched in LinkedIn request

OKX NFT Marketplace recorded a 24-hour trading volume of $50 million on Dec. 18, surpassing its competitors in the NFT space. 167 Total views 27 Total shares Crypto exchange OKX’s nonfungible token (NFT) arm surpassed the 24-hour trading volume of other prominent NFT marketplaces like OpenSea, Blur and Magic Eden. On Dec. 18, the OKX NFT

The $190 million Nomad Bridge exploit is just the latest out of 13 separate bridge attacks in 2022 so far. 184 Total views 4 Total shares Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report. The report comes from blockchain…

Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.” 507 Total views 6 Total shares Own this piece of history Collect this article as an NFTVenture capital firm and Web3 game developer Animoca Brands has refuted claims that…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

On October 9, American financial services giant Mastercard was granted a patent for a method to partition a blockchain so that it can store multiple transaction types and formats. The filing published by the U.S. Patent and Trademark Office (USPTO) reveals the details of the new system — not the first of the kind for…

Numerous governments are attempting to ban cryptocurrencies, with recent examples from China, India, Turkey and Nigeria. The reason for doing so is simple: The decentralized nature of cryptocurrencies poses a threat to the legacy financial system, and as the technology itself is still in its infancy, it seems to attract hackers. Even so, banning crypto…

Blockchain technology has the potential to bring transparency to the deployment of financial aid. Israeli blockchain startup Orbs has published an open letter to French President, Emmanuel Macron. This letter promotes the use of blockchain technology to manage foreign aid following the tragic explosion in Beirut on August 4.Blockchain’s transparency and accountability could help reassure…

The International Monetary Fund (IMF) has called on global regulators to pay attention and take proper regulatory action regarding Facebook’s Libra.Speaking with Reuters on July 17, Gita Gopinath, chief economist at the IMF, urged the global regulatory community to pay serious attention to Facebook’s crypto project during the early stages of its development. Gopinath emphasized…