**False Rumors about SEC Chair Gary Gensler’s Resignation Spark Crypto Community Uproar** – False rumors have circulated within the crypto community claiming that Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), is resigning. – These rumors were fueled by…
Azuki Holders Call for Return of Ether Following Disappointment with Elementals NFT Mint – A group of Azuki non-fungible token (NFT) holders is voting to have nearly 20,000 ether returned to them after the Elementals NFT mint. – Reasons for the vote include…
The Poly Network Falls Victim to Another Hack, Impacting 57 Crypto Assets The Poly Network has been hacked once again, with hackers exploiting a smart contract function on the cross-chain bridge protocol. The attack resulted in billions of tokens being issued by the…
The Recent Attack on Poly Network Poly Network, a cross-chain decentralized finance (DeFi) platform, announced on Twitter that it had halted operations due to a recent attack. The exploit affected 57 cryptocurrencies on 10 blockchains, and users were advised to withdraw liquidity from…
The Rise of Alternative Payment Methods in the Gambling Industry – Traditional payment methods like credit cards and bank transfers have been dominant in online casinos. – Alternative payment options like PayPal and Paysafecard have revolutionized the way users transact. – PayPal offers…
South Korean trading volumes for bitcoin offshoot token boomed Last week, trading volumes for the bitcoin offshoot token, bitcoin cash (BCH), skyrocketed in South Korea, leading to a significant price spike. This surge in trading activity had several implications for traders and the…
Safeguarding Ethiopian National Interests Ethiopia, one of Africa’s fastest-growing economies, is looking to join the BRICS economic bloc to advance its national interests. The country’s Foreign Affairs ministry believes that joining institutions like BRICS will help guarantee its national interests. Ethiopia is facing…
The Risks of Unlicensed and Foreign Virtual Asset Trading Platforms The Investor and Financial Education Council (IFEC) has issued a warning about the potential risks associated with unlicensed and foreign virtual asset trading platforms. As the acceptance of virtual assets grows, it is…
The Virtual Asset User Protection Act: Building a Legal Framework for Virtual Assets in South Korea The Virtual Asset User Protection Act, recently passed by South Korea’s National Assembly, is a significant milestone in the country’s efforts to establish a legal framework for…