THORChain concludes two security audits following summer attacks
THORChain has fully recovered from two summer attacks that exposed millions of dollars in user funds, as announced on Thursday. THORChain was able to establish a five-step recovery plan as a result of the concurrent audits conducted by cybersecurity firms Trail and Bits and Halborn. Contributors to THORChain report that the protocol is now fully […]
Former GE and Edelman Executive Joins Binance as Chief Communications Officer
Patrick Hillmann, a GE and Edelman executive, has been named the world’s top bitcoin exchange’s new Chief Communications Officer. Hillmann will be in charge of Binance’s public relations department. Hillmann ‘s new responsibilities were also stated in a news statement, which also announced the new position. He will be in charge of the company’s corporate […]
Updated FATF Guidelines on Crypto, Defi, and NFTs are now available
The Financial Action Task Force (FATF), a worldwide anti-money laundering watchdog, has modified its crypto market standards. The final recommendations improve on the draft guidelines provided earlier and provide additional clarity. The guidelines place a particular emphasis on how authorities should approach new markets like NFT and Defi. “Countries should not apply their definition based […]
Ankr launches a $10 million fund to boost the growth of DeFi and Web3
The protocol for the blockchain Ankr V2, a decentralized web service (DWS) gateway for Web3 development, was released today, allowing developers to create multi-chain systems, goods, and services. Ankr also stated that over the next two years, it will give more than $10 million in grants to support the development of a distributed supercomputer and […]