Bitfinex launches ETHW and ETHS tokens
The two newly created chain split tokens that will enable trading on the fork event are ETHW and ETHS. Before the much anticipated Ethereum Merge, iFinex, the firm behind Bitfinex Derivatives, revealed on Tuesday that it has launched a new service (Tokens). Ethereum Chain Split Tokens (CSTs) are now accessible on the market. The two systems […]
Hacker makes ineffective attempt to exploit bridge protocol
Within 31 seconds, the effort was thwarted, and the hacker forfeited their 5 ETH security deposit. The CEO of Aurora Labs, Alex Shevchenko, described a hacker who tried to use the Rainbow Bridge but lost 5 Ether (ETH), which is now worth around $8,000, in a Twitter thread. Meanwhile, not all hackers, can profit handsomely […]
Cryptocurrencies at the verge of Falling by 58% Globally
Risky assets like equities and cryptocurrencies seem to be losing value owing to macroeconomic circumstances. The market’s price movement of Bitcoin and other cryptocurrencies has been negative for the longest time between 2017 and 2018. The macroeconomic outlook and how growth and inflation will impact the value of cryptocurrencies seem to be the focus of […]
FTX US may buy BlockFi for $15M.
A recent report claims that the $15 million base price of the purchase deal between BlockFi and FTX.US might increase depending on performance. According to reports, leading cryptocurrency exchange FTX.US has been in discussions to buy BlockFi for as low as $15 million, less than the previously projected $240 million price tag. Performance-based BlockFi acquisition […]
FCA limits role as unregistered enterprises run
While many businesses continue to operate without permission, Crypto.com is the newest to register with the FCA in the UK. There are still more unregistered cryptocurrency-related firms than ones that are registered with the Financial Conduct Authority of the United Kingdom. A total of 37 organizations have been given the go-ahead to provide services in […]