A Dummy’s Guide to Toncoin
Crypto is a virtual currency that uses cryptography for security. Coins operate without interference from central banks or the government and use a decentralized technology called the blockchain. Just like fiat currencies, virtual coins come with different varieties to cater to every type of crypto user. Bitcoin (BTC) is the first and most popular crypto […]
Groups urge Meta to ban minors from the Metaverse
Advocacy and safety organizations have sent a letter to Mark Zuckerberg’s imploring him to abandon plans by social media giant Meta to allow minors into the metaverse. Experts in online safety sent a letter to the CEO of Meta on April 14, urging the company to abandon its plans to invite teens and young adults […]
Binance Intentionally Breaks US Laws – CFTC Chair
According to a Bloomberg report, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam reprimanded Binance for intentionally violating regulatory rules and failing to keep Americans off the crypto exchange. During an engagement at Princeton University, CFTC Chairman Rostin Behnam argues that Binance’s executives are “not simpletons.” They have established large corporations that offer futures contracts […]
HashKey Group launches wealth management service
Hong Kong-based HashKey Group has launched a new wealth management service platform to target institutional and professional investors. HashKey announced its entry into the wealth management industry on April 14. The company cited “significant demand from investors to access virtual assets” as the reason for its entry. Deng Chao, the chief executive officer of the […]
Exploiter mints 1 quadrillion Yearn Tether (yUSDT)
In the most recent decentralized finance (DeFi) breach, Blockchain security firm PeckShield detected a hack that allowed the exploiter to mint over 1 quadrillion Yearn Tether (yUSDT). According to the security firm, the intruder then exchanged yUSDT for other stablecoins, allowing them to obtain stablecoins worth $11.6 million. This consists of 61,000 Pax Dollars (USDP), […]