September 2023 Records Highest Crypto Exploits
The Mixin Network cross-chain protocol was responsible for nearly two-thirds of September’s crypto exploit losses. September has officially become the worst month (so far) in 2023 for crypto-related exploits, with $329.8 million in stolen cryptocurrency. According to blockchain security firm CertiK, the most significant contributor to the month’s totals was the September 23 Mixin Network […]
Ex-SoftBank Executive Launches UAE Stablecoin Against Inflation
UAE Stablecoin DRAM coins aim to provide more stability in high-inflation nations while focusing on the unbanked and underbanked. Former SoftBank executive Akshay Naheta introduced a new stablecoin backed by the United Arab Emirates Dirham, whereas most new stablecoin market entrants have been concentrating on USD-pegged stablecoins. The 42-year-old financial expert founded DTR in the […]
Coinbase Obtains MPI License From MAS Singapore
Coinbase’s acquisition of the MPI license in Singapore is a key accomplishment that will significantly boost the country’s Web3 market. In a significant development, the Monetary Authority of Singapore (MAS), the country’s central bank, issued Coinbase the Major Payment Institution (MPI) license. This occurs at a time when Singapore’s crypto regulatory developments are in full […]
Elon Musk Accuses Canadian PM of Curbing Free Speech
Musk accused Trudeau of attempting to stifle free speech. Today, the CRTC introduced new broadcasting regulations in Canada. Musk criticized Trudeau and the Canadian government today for their recent decision to require online streaming services to register with the government. The Canadian Radio-television and Telecommunications Commission (CRTC) is reshaping the broadcasting landscape in Canada. Trudeau […]