Aurory (AURY), a tactical Japanese role-playing game built on Solana (SOL), recently encountered a notable liquidity loss in its Camelot’s AURY-USDC pool. The incident occurred due to a hack on the SyncSpace bridge, where approximately 600,000 AURY tokens on the Arbitrum (ARB) network were unlawfully withdrawn and sold in the market. On December 17, Aurory’s
The UK Treasury has recently introduced the Digital Securities Sandbox (DSS) regulations, signaling a proactive approach towards embracing new technology in the financial markets. These regulations aim to create a controlled environment that enables companies and regulators to test innovative solutions, particularly in the realm of distributed ledger technology (DLT) and digital assets. By providing
Revolut, a prominent fintech firm, has recently announced a temporary suspension of its cryptocurrency trading services for business clients in the United Kingdom. This decision comes as a response to projected regulatory modifications in the crypto industry. The Financial Conduct Authority (FCA) introduced a set of new rules in October aimed at enhancing investor protection
Bitcoin, the world’s leading cryptocurrency, has been experiencing a decline in its value over the past few days. This has led many to speculate whether we are on the verge of a more significant retracement that could push Bitcoin back to the $30,000 zone. In this article, we will delve into the recent price action
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
In the fast-paced world of cryptocurrency investing, one phenomenon stands out among seasoned investors – the fear of missing out, or FOMO. When new cryptocurrency projects announce their presale, FOMO often takes hold, creating a frenzy of speculative buying in search of the next big gain. Recent price movements in BRC20 projects like Multibit (MUBI)
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
In a stunning development for the world of decentralized finance (DeFi), Solana, the blockchain platform launched in 2020, has achieved a remarkable milestone by surpassing Ethereum in 24-hour decentralized exchange (DEX) volume. This achievement has garnered significant attention from crypto leaders and enthusiasts, signaling a notable shift in the dynamics of the DeFi landscape. As
Shiba Inu (SHIB) has been experiencing a challenging performance lately, as its price took a nosedive, resulting in a significant -11% drop. This decline was triggered by the rejection from upper trendline resistance, leaving many investors feeling disheartened and questioning the future of SHIB. The continuous downward movement has led to a significant amount of
The cryptocurrency market has been experiencing a bearish atmosphere recently, but amidst this downturn, Internet Computer (ICP) has shown remarkable bullish activity. The native token of Internet Computer, ICP, has managed to gain significant ground, despite the current market conditions. This article explores the factors contributing to ICP’s surge and analyzes its potential for further