Ethereum co-founder Vitalik Buterin disapproves of cross-chain applications
Vitalik Buterin raised serious security concerns about cross-chain bridges in the blockchain ecosystem in a Reddit post on Friday. He cited “fundamental security limits of bridges” as the key reason for his disapproval. Buterin claims that putting native assets directly on the blockchain (Ethereum on Ethereum , Solana on Solana, etc.) gives some protection against […]
Bitso partners with Brazilian football club São Paulo Futebol Clube
Latin American crypto exchange Bitso announced a 3-year partnership deal with São Paulo Futebol Clube (SPFC). The deal will allow crypto payments for match tickets also players of the club will wear Bitso’s emblem on their jerseys. The relationship, which is set to begin practically immediately, will see Bitso’s emblem appear on the official jerseys […]
El Salvador president poked by Steve Hanke for gambling in Bitcoin
El Salvador is under pressure as a result of Bitcoin‘s price drop over the last couple of days. For the past few months, El Salvador ‘s dollar-denominated bonds have been on a free slide. Nayib Bukele, the country’s president, seeks to improve the country’s economic realities by issuing Bitcoin-denominated bonds. President Bukele‘s prolonged association with […]
Hong Kong Cryptocurrency Exchange Coinsuper Reportedly Freezes Its Customers’ Funds
Dozens of clients of Hong Kong-based cryptocurrency exchange Coinsuper claim they can’t get their money back. According to reports, dozens of customers of the Hong Kong-based cryptocurrency exchange Coinsuper have claimed that they have been unable to collect their funds from the platform. At least seven of them have made contact with the authorities in regards […]
Coinsuper exchange reportedly block withdrawals on its platform
Five clients are said to have filed police reports when token withdrawals on the CoinSuper trading platform were supposedly suspended, leaving them unable to recoup about $55,000 in cryptocurrency and fiat. According to reports, a cryptocurrency exchange in Hong Kong has halted all withdrawal requests. Coinsuper, the only government-licensed cryptocurrency corporation in China, was created […]