The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval.
Powered by WPeMatico
Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks, has argued. Philion insists that the lack of such secure solutions has constrained the […]Powered by WPeMatico
Vitalik Buterin highlights what he’s bullish about for 2023
The Ethereum co-founder expects to reach a new milestone for rollups this year.
Powered by WPeMatico
Lido overtakes MakerDAO and now has the highest TVL in DeFi
A Nansen in December noted that Ether staking solutions had been in high demand since Ethereum’s shift to proof-of-stake.
Powered by WPeMatico
$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
The month of December had the smallest figure for cryptocurrencies stolen in 2022 with around 23 major incidents according to CertiK.
Powered by WPeMatico
IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China
The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be in recession … Even countries that are not in recession, it would feel like […]Powered by WPeMatico
Bitcoin core developer claims to have lost 200+ BTC in hack
A Bitcoin OG and core developer Luke Dashjr claims his PGP key was compromised, resulting in virtually all his Bitcoin being stolen from him on Dec. 31.
Powered by WPeMatico
New year community advice: Check your smart contract approvals
A Reddit user has warned of the potential dangers of unchecked smart contracts, advising the community to revoke approvals on a regular basis.
Powered by WPeMatico
Economist Peter Schiff Predicts Inflation ‘About to Get Much Worse’ — US Dollar Facing ‘One of Its Worst Years Ever’
Economist Peter Schiff has predicted that the U.S. dollar will have “one of its worst years ever” in 2023, warning that the inflation problem is “about to get much worse.” He also shared his prediction about the worst-performing sectors of the stock market this year. Peter Schiff’s 2023 Economic Predictions Economist and gold bug Peter […]Powered by WPeMatico
Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the role and plans to facilitate redemptions at net asset value (NAV) through a Regulation M filing. Valkyrie Offers to Take Over Management of Grayscale’s Bitcoin […]Powered by WPeMatico