BNB NFT marketplace Tabi raises $10M in angel funding
Notable venture capital firms such as Animoca Brands and Binance Labs took part in the funding round. Go to Source Powered by WPeMatico
Cryptocurrencies
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Bybit gets pre-approval in Kazakhstan as crypto custody service provider
The cryptocurrency exchange received “in-principle” approval to begin operations in Kazakhstan at the Astana International Financial Centre. Go to Source Powered by WPeMatico
Tornado Cash governance control set to be restored as token votes approve proposal
A total of 517,000 token votes were in favor of the proposal, with none opposing it. Go to Source Powered by WPeMatico
Arbitrum-based Jimbos Protocol hacked, losing $7M in Ethereum
The attacker took advantage of the lack of slippage control of liquidity conversions to steal the funds. Go to Source Powered by WPeMatico
Stargate community proposes removal of Fantom USDC pool to mitigate risks
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal. Go to Source Powered by WPeMatico
Nigerian crypto company suspends withdrawals after BTC and naira compromise
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media. Go to Source Powered by WPeMatico
Gemini files to dismiss SEC’s lawsuit over its earn product
Gemini called the SEC’s lawsuit as “ill-conceived” against its Earn Product which offered yields to customers against their crypto deposits. Go to Source Powered by WPeMatico
A week filled with exploits and uncertainty for DeFi: Finance Redefined
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control. Go to Source Powered by WPeMatico
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high. Go to Source Powered by WPeMatico
Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023
Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto exchange. Go to Source Powered by WPeMatico