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Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing…
Vulcan Forged Platform Suffers Security Breach, 96 Wallets Compromised
Vulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96…
Eurosystem Approves New Oversight Framework Concerning Crypto Services
The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will…
Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware
Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the…
Moscow Not Planning to Ban Russians From Buying Crypto Abroad
Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will…
Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial…
Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment…
Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the…