Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has recently faced a severe crisis that has left it struggling to regain its stablecoin peg. On Monday, IBEUR experienced a significant 60% decline in value, plummeting from $0.97 (€0.89) to as low as $0.39. This sharp drop in price was a result of disruptions in IBEUR’s
Blockchain
In recent years, cryptocurrencies have gained significant popularity and support, especially among the younger generation. As the 2024 elections approach, it is crucial for political candidates to understand the growing influence of digital assets and adopt a pro-crypto stance. Coinbase CEO Brian Armstrong has highlighted several reasons why an anti-crypto stance would be detrimental for
Blockchain security firm CertiK has recently discovered a critical vulnerability in the OKX iOS App that could potentially lead to the compromise of sensitive user data and assets. In response to this alarming finding, CertiK is urging all OKX users on iOS devices to immediately update their software to the latest version. Failure to do
Hegic, a prominent crypto derivatives trading platform, finds itself embroiled in controversy after engaging in a questionable trade with an affiliate company. This trade has potentially exposed Hegic to an insider trading investigation by the U.S. government. The platform recently announced the discontinuation of its less popular sister platform, Whiteheart, resulting in a significant payout
In a shocking development, an unknown entity named “Miembro” has taken to the Breach Forums platform to offer access to Binance’s exclusive Law Enforcement Request Panel for a hefty price of $10,000. This startling revelation has sent shockwaves through the cryptocurrency community, raising concerns about the security of user data and the potential misuse of
The past week has been a challenging one for Bitcoin, as it experienced its first weekly price decrease after eight consecutive weeks of appreciation. This decrease in price indicates a deliberate effort by market participants to reduce market leverage, according to Matteo Greco, a Research Analyst at Fineqia International. During the week, approximately $345 million
As 2023 draws to a close, the Indian and global crypto industry has experienced significant milestones in terms of regulatory developments. In an exclusive interview with CryptoNews, Manhar Garegrat, the Country Head for India and Global Partnerships of Liminal Custody, provides valuable insights into the company’s journey, collaborations with law enforcement agencies, and the Indian
The South Korean city of Busan has been eagerly anticipating the launch of its blockchain-powered digital assets trading platform. As the world’s first city government-run exchange, it has set ambitious timelines to realize this goal by the end of 2023. However, despite facing regulatory challenges and a change in the platform’s scope, the city of
A former Lido holder, Andrew Samuels, has taken legal action against Lido DAO, a decentralized autonomous organization responsible for managing the liquid staking protocol. In his class-action lawsuit, Samuels claims that Lido’s token, LDO, was knowingly offered and sold as an unregistered security. According to the complaint, Lido was established with the explicit goal of
The Ethereum layer-2 network Arbitrum (ARB) has recently achieved an extraordinary milestone, reaching a new all-time high in daily transactions. This surge in activity was fueled by the excitement surrounding inscriptions, which has sparked a waterfall of blockchain transactions. This article will delve into the details of Arbitrum’s achievements, its impact on Ethereum, and the