DeFi, Poly Network hacked: $600m in crypto stolen
Yesterday, DeFi’s cross-chain platform, Poly Network was hacked with the equivalent of $600 million in stolen crypto. At the time, the present attack would be one of the largest hacks…
Hyphen makes Ethereum cross-chain transactions instantaneous
Yesterday, multichain network Biconomy launched its Hyphen mainnet, an infrastructure to make cross-chain transactions between Ethereum and its Layer 2 networks instantaneous and low-cost. According to reports, Hyphen would aim…
Ripple and GME Remittance Join Forces for Immediate Payments from South Korea to Thailand
Ripple announced that one of the leading non-bank remittance service providers in South Korea – Global Money Express Co. LTD (GME Remittance) – had joined its network. As a result,…
$400 Billion Hedge Fund Neuberger Berman Approved to Receive Access to Bitcoin and Ethereum
A $400 billion investment management firm, Neuberger Berman, recently announced adding exposure to Bitcoin and Ether derivatives and investment vehicles as part of the firm’s fund strategy. Another Hedge Fund…
Tether’s Reserves are ‘Fully Backed,’ Company Cites Another Audit
Tether has yet again issued another public opinion by Moore Cayman, a provider of audit services that reassures USDTs are “fully backed by reserves.” However, the company has failed to…
Cardano Price Analysis: ADA Skyrockets 20% in a Day, Testing $1.9
ADA/USD – Bulls Turn Parabolic Above Price Channel. Key Support Levels: $1.70, $1.62, $1.50. Key Resistance Levels: $1.90, $1.97, $2.05. ADA surged 33% this week, which allowed it to break…
Indian Government Does Not Want Cryptocurrencies to Take Part in its Payment System
The Indian governing body will reportedly take measures to eliminate the use of cryptocurrencies as part of the country’s financial system. However, the existence of digital assets issued by the…
