Tag: Cryptocurrency

Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity

Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity

Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from security and blockchain auditing firms Certik and Peckshield indicate that some funds were […]

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Crypto Job Postings Increased 400% in 2021 According to Linkedin

Crypto Job Postings Increased 400% in 2021 According to Linkedin

According to new data from Linkedin, a professional work-based social network, the number of cryptocurrency-related job postings soared in 2021. The increase was even higher than the general increase in tech-related job postings. The nature of these posts is also diversifying, with various industries requiring people with crypto know-how. Linkedin Says Crypto Jobs Are on […]

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ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion

ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion

The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether. Ethereum 2.0 Contract Exceeds 9 Million […]

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MultiChain users at risk of Getting Hacked, as Six Cross-Chain Tokens Experiences Vulnerability

Multichain (previously Anyswap), a Cross-chain Router Protocol (CRP) that allows for on-chain asset interoperability, has warned its users that they might be at risk of getting hacked. To forestall this risk, users have been advised to revoke wallet permission for 6 tokens listed on the platform. Multichain directs users on how to mitigate the risk […]

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India’s Prime Minister Modi Calls for Global Collaboration on Crypto — Says ‘We Have to Have a Similar Mindset’

India’s Prime Minister Modi Calls for Global Collaboration on Crypto — Says ‘We Have to Have a Similar Mindset’

India’s prime minister, Narendra Modi, has called on governments worldwide to collaborate on cryptocurrency. He pointed out that “The kind of technology that is associated with it, the decisions taken by a single country will be insufficient to deal with its challenges.” Indian Prime Minister Urges ‘Every Country, Every Global Agency’ to Collaborate on Cryptocurrency […]

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Spain announces new rules for influencer crypto posts

Spain announces new rules for influencer crypto posts

Spanish regulators are pushing to control the way cryptocurrencies are marketed, with new restrictions on influencers’ promotions. The Comisión Nacional del Mercado de Valores (CNMV), the government agency responsible for the financial regulation of the securities markets in Spain, issued a release on Monday defining the new rules. Posts promoting crypto-assets must now include the […]

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Layer by Layer Issue 17: Fantom, Solana, Harmony, and NEAR

Layer by Layer Issue 17: Fantom, Solana, Harmony, and NEAR

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding Blockchain ecosystems are now emerging faster than ever with the help of EVM, bridges, and incentives Growing L1 networks continue to face unexpected […]

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Singapore curbs crypto marketing in digital asset crackdown

Singapore curbs crypto marketing in digital asset crackdown

Singapore has cracked down on crypto marketing in a bid to curb a frenzy of retail trading in risky digital assets.  In guidelines issued by the Monetary Authority of Singapore on Monday, the regulator said “the public should not be encouraged to engage in the trading of [digital payment tokens (DPT)].” The body advised that […]

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Indian Prime Minister Rallies For Global Cooperation on Cryptocurrency

Indian Prime Minister Narendra Modi has issued a rallying call to all stakeholders worldwide to jointly tackle the potential risks and challenges that are linked to Bitcoin and cryptocurrencies in general. Modi spoke virtually about the topic during the Davos conference of the 2022 World Economic Forum. The prime minister shared his belief that cryptocurrency […]

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