Cointelegraph By Tom Mitchelhill
Osmosis, a decentralized exchange (DEX) built on the Cosmos network, was halted just before 3:00 am EST on Wednesday after attackers exploited a liquidity provider (LP) bug to the tune of roughly $5 million.The bug was first identified in a Reddit post on the official Cosmos Network page. The user,...
Billionaire tech entrepreneur turned venture capitalist, Marc Andreessen says that Web3 and its underlying blockchain technology reminds him of the rise of the early internet. Andreessen, better known today as the co-founder of the blockchain-focused venture capital firm Andreessen Horowitz (a16z), originally found success by developing the first widely...
MicroStrategy CEO and Bitcoin permabull, Michael Saylor believes that traditional financial markets aren’t quite ready for Bitcoin-backed bonds. Saylor told Bloomberg on Tuesday, that he’d love to see the day come where Bitcoin-backed bonds are sold like mortgage-backed securities, but warned that, “the market is not quite ready for...
A senior official from the Bank of Japan (BOJ) has warned G7 nations that a common framework for regulating digital currencies needs to be put in place as quickly as possible. G7 refers to the Group of Seven, an inter-governmental political forum made up of Canada, France, Germany, Italy,...
Cryptocurrency exchange and financial services firm, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion.According to Bloomberg, the financing round was led by global venture capital firm Lightspeed Ventures and Baillie Gifford & Co., an investment management firm renowned for its early involvement in growth...
The number of women in Norway who own some form of cryptocurrency doubled during 2021, according to a new survey. The survey, conducted by Arcane Research and Ernst & Young found that the rate of female ownership of crypto assets in Norway, surged from 3% in early 2021 to...
Canadian oil and gas company Bengal Energy, is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback. According to a report from The Australian, Bengal Energy is set to conduct a...
South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter. According to a local South Korean news report, LG added two distinct crypto-related objectives during its annual general meeting on Thursday, March 24. The objectives include “the development and...
El Salvador President Nayib Bukele took to Twitter on Wednesday evening, hitting out at a Reuters report claiming Binance CEO Changpeng Zhao (CZ) was flying in to save El Salvador’s Bitcoin Bond.“Please don’t spread Reuter’s FUD,” Bukele tweeted to his 3.6 million followers, rebuking the claim that CZ...
Stargate Finance, a cross-chain protocol designed to assist users in transferring assets between different blockchains, has accrued over $1.9 billion in total value locked (TVL) in less than a week after launching.Stargate markets itself as a liquidity transport protocol that allows users to transact native assets cross-chain, offering...
