TrueUSD (TUSD), a stablecoin, recently reported a potential leak of Know Your Customer (KYC) and transaction history data. This breach occurred after a third-party vendor associated with TrueCoin, the operator of TUSD, was compromised. While TrueCoin confirmed that its internal systems were not affected, there are concerns regarding the compromised customer data. On October 16,
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Bitcoin price experienced a startling surge, rising towards $30,000, following the circulation of fake news about the approval of a spot ETF (Exchange-Traded Fund). Despite the subsequent correction, BTC is currently consolidating above the $28,200 level, with the potential for further upward movement toward $29,200. This article delves into the recent price actions of Bitcoin
Animoca Brands and Ember have joined forces to bring the exhilarating world of Formula E racing to the metaverse with their latest Web3 game, “Formula E: High Voltage.” Set to be released on October 19, this game offers players an immersive experience by integrating features from the ABB FIA Formula E World Championship, including challenging
Cathie Wood, the CEO and CIO of ARK Invest, recently spoke about the pending spot Bitcoin ETF applications in an interview with CNBC. As ARK Invest is actively pursuing a spot Bitcoin ETF, Wood provided insights into the current state of her company’s application. She mentioned that they had responded to the SEC’s request for
In a recent announcement, Manta, a layer-2 blockchain network focusing on zero-knowledge (ZK) applications, revealed its decision to migrate its software from OP Stack to Polygon CDK. This move signifies that Manta will not be integrated into the upcoming Optimism Superchain and instead become a part of the Polygon ecosystem. Manta justified its choice to
The world of cryptocurrency continues to surprise and captivate investors with its ever-evolving trends and opportunities. One such trend that has recently gained significant traction is the emergence of reflection tokens. These tokens, which aim to reward holders with a share of transaction fees, have seen a surge in popularity, and one token that has
The lengthy legal dispute between Ripple and the US Securities and Exchange Commission (SEC) has captured the attention of the cryptocurrency community for nearly four years. The saga began in December 2020 when the SEC filed a lawsuit against Ripple, alleging that the company sold billions of its XRP tokens without registering them as securities.
Bitcoin, the world’s leading cryptocurrency, has experienced a remarkable surge in its price, reaching an astonishing $28,004. This surge can be attributed to several factors that have contributed to the monumental rise. In this article, we will analyze the primary reasons behind Bitcoin’s surge and delve into the implications of these factors. Late on Friday
Gaming giant Sega is venturing into the blockchain gaming arena by co-developing a trading card NFT game based on its popular franchise, Sangokushi Taisen. This move comes amidst a growing trend of well-established gaming corporations exploring blockchain technology and its potential impact on the gaming industry. Sega’s Co-COO, Shuji Utsumi, has expressed optimistic sentiments regarding
In a significant move to protect consumers and enhance the security of the cryptocurrency market, the Australian federal government plans to introduce new regulations that would require crypto exchanges to obtain a financial services license. Assistant Treasurer Stephen Jones is set to unveil these long-anticipated rules during the Australian Financial Review Crypto Summit. The aim
