Platypus Finance Recovers 90% of Assets Lost in Exploit
90% of the funds stolen in a security breach last week have been recovered, according to the decentralized finance (DeFi) protocol Platypus Finance. The protocol’s net loss, as stated in the release from October 17, was restricted to 18,000 AVAX (AVAX $9.13), worth $167,400 at the time of publication. Platypus Finance stated it “will guarantee […]
X Launches $1 Subscription Fee for New Users in NZ, PH
X, the social media platform formerly known as Twitter, has launched a subscription model for new users in New Zealand and the Philippines. The move is part of the company’s efforts to combat bots and spam on the platform. X announced on October 17, 2023, that new users in these two countries will have to […]
SUI Coin Under Scrutiny for Lying About Circulation Volume
Sui Coin is facing a probe by the Financial Supervisory Service (FSS) for allegedly lying about its circulation volume and staking profits. The Financial Supervisory Service (FSS) is looking into Sui Coin for allegedly lying about its circulation volume and staking revenues. The Joint Council of Digital Asset Exchanges (DAXA), which Sui Coin used to […]
EU Adopts Crypto Tax Reporting Rule DAC8
The Council of the European Union has formally adopted the Directive on Administrative Cooperation (DAC8), a regulation that requires crypto brokers and exchanges to report the tax information of their customers. The rule will enter into force after it’s published in the Official Journal of the EU. DAC8 is the eighth version of the Directive […]
A Deep Dive Into The Software Providers Powering Best Online Casinos
Online casinos are known for their wide selection of betting games, each with unique rules and incentives. However, the software providers that power online casinos are at the center of this core feature. They’re the ones who come up with the ideas for the games and put them into action, making the worlds where people […]