Degen Chain user loses 90% funds during bridge transfer
A bug on Degen Chain’s service providers leads to significant user fund loss, sparking criticism on the layer 3 ecosystem. Go to Source
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Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf
The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners. Go to Source
Making real-world blockchain solutions possible — Solana co-founder Raj Gokal
Web3 has had its ups and downs over the last few years, but does it have any real-world use cases? Go to Source
Tornado Cash dev Alex Pertsev set to be released from prison under surveillance
The Tornado Cash developer was arrested in August 2022 by Dutch authorities as part of a criminal investigation against the crypto mixer service. Go to Source Powered by WPeMatico
Banks with crypto services require new Anti-Money Laundering capabilities
Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions. Go to Source Powered by WPeMatico
Crypto adoption via regulation: Setting rules for centralized exchanges
While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks. Go to Source Powered by WPeMatico
9 years after the first Bitcoin ATM, there are now 38,804 globally
From one Candian coffee shop to a worldwide network of nearly 39,000, crypto ATMs have turned nine years old and are only expected to continue growing. Go to Source Powered by WPeMatico
Crypto’s adaptability, openness key to ideal monetary system, say BIS execs
Some of the biggest flaws preventing present-day cryptocurrencies from mainstream adoption, pointed out by the BIS execs, are bottleneck congestion in DeFi and the reliance on volatile assets. Go to Source Powered by WPeMatico
MoneyGram to open transfer platform with Stellar, eyes wallet deal in El Salvador
MoneyGram CEO Alex Holmes said the international remittances stalwart wants to be a bridge between the crypto and fiat worlds. Go to Source Powered by WPeMatico
WEF 2022: Bankers at WEF see the need for caution and speed on central bank digital currencies
Experts point out sticking points as well as greatest needs in the creation of central bank digital currencies for domestic and cross-border, wholesale and retail, uses. Go to Source Powered by WPeMatico
