CBDCsChinese cities gives away $26.6M in Digital Yuan to drive adoptionDuring the 2023 Spring Festival holidays, several Chinese cities launched roughly 200 activities and distributed nearly 180 million e-CNY. 3 years ago
BankingRussia-based Sberbank to launch DeFi platform on EthereumSberbank executive Konstantin Klimenko said that the bank's DeFi platform will be open for commerical operations at the end of April. 3 years ago
HacksOrion protocol suffers $3M hack due to third-party vulnerabilitiesCEO Alexey Koloskov claimed that the stolen funds were from Orion's Treasury, adding that all users' funds are safe. 3 years ago
StablecoinsTerra USTC surges 66% following approval to re-peg to $1The Terra Classic community has passed a proposal to relink LUNA Classic and the de-pegged USTC stablecoin. 3 years ago
ExchangesBinance acquires S. Korea-based GOPAX exchangeThe funding for the GOPAX acquisition was made from the $1 billion Industry Recover Initiative — a co-investment project led by Binance. 3 years ago
TechnologyDamus mobile app banned in ChinaThe Cyberspace Administration of China (CAC) claimed that the Damus app includes content that is illegal in China. 3 years ago
OpinionCharlie Munger calls on US to join China in banning cryptoThe Berkshire Hathaway vice president compared cryptocurrencies to gambling contracts with a nearly 100% edge for the house. 3 years ago
CryptoRender token up 17% after DAO approves burn & mint mechanismRNDR has experienced a sustained uptrend, recording over 82% increase in the last 7 days and a whopping 302% over 30 days. 3 years ago
ExchangesSouth Korean authority arrests Bithumb owner on $50M embezzlement chargesInvestigations revealed that Kang Jong-hyun is the brother of Kang Ji-yeon who is the head of Inbiogen-an affiliate that holds about 34.2% stake in Bithumb. 3 years ago
DEXOracleSwap suspends FTSO operation after private keys compromisedFlaremetrics has urged delegates on OracleSwap to revoke access and change to other FTSO providers after the validator's private keys were compromised. 3 years ago
DeFiSolana-based Friktion urges users to withdraw funds as it halts front-end operationsFriktion said it has disabled its frontend interface to prevent users from initiating new deposits. 3 years ago
ExchangesBinance, Bank to the Future among secret bidders of Celsius assets – Tiffany FongBank to the Future CEO Simon Dixon has confirmed that his company submitted a bidding proposal for Celsius assets. 3 years ago