Bybit Extends Proof-of-Reserves to Include 32 Digital Assets
Bybit’s proof-of-reserve attestation showcases 100-124% collateralization across 32 assets as risk management takes center stage. According to a press statement dated December 20, cryptocurrency exchange Bybit has added 32 additional coins to its proof-of-reserves assessment. This audit confirms that Bybit’s reserves are equal to or greater than exchange users’ assets on deposit. According to the […]
Trezor Introduces Compatibility for Solana, SPL Tokens
Leading web3 hardware wallet maker, Trezor has announced support for SOL and SPL coins in response to the recent spike in interest in and searches for Solana. The statement on the social networking site X emphasizes how these Solana-based coins can now be easily integrated with Trezor’s hardware wallets, the Safe 3, which costs $79, […]
DWF Labs Partners with MOBOX to Bolster UGC Gaming
DWF Labs, a leading digital asset market maker, and Web3 investment firm, has announced a strategic investment in Web3 gaming platform MOBOX. MOBOX’s growth strategy is expected to be further accelerated by new money from DWF Labs, which will also increase liquidity across several exchanges, enhance portfolio synergy, forge important regional alliances, and facilitate cooperation […]
Tether Blocks 6 Wallets Potentially Linked to Finiko Ponzi Scheme
Six new Ethereum wallets have been disabled by Tether, most likely as a result of their connections to the Russia Finiko ponzi scheme. Blockchain intelligence company ChainArgos claims the wallets may have conducted shady transfers to addresses connected to Finiko. Additionally, no more obvious suspicious transactions were seen coming from these locations. In 2018, the […]
KyberSwap Launches Treasury Grant Program for Users
KyberSwap has introduced a Treasury Grant program for impacted users in response to the November 22 exploit. A post on X on December 1 stated that the KyberSwap elastic issue led to exploitative swaps that took almost $48.8 million out of users’ liquidity pools. In order to find the exploiter and retrieve user funds, the […]