DForce verifies return of $3.65 Million to their vaults
The exploited funds have been returned to to Optimism and Arbitrum vaults, according to DForce, a decentralized financial system. In a hacking attempt three days ago, users of the DeFi protocol lost money on Optimism and Arbitrum. On February 13, the dForce network experienced a security compromise, according to onchain security company Peckshield. DForce lost […]
DBS Reportedly Seeking Crypto Trading License In Hong Kong
DBS Holdings, the biggest bank in Singapore, is applying for a license to sell cryptocurrencies to customers in Hong Kong. DBS Group Holdings Ltd. plans to file an application for a license that would allow it to offer bitcoin to customers in Hong Kong as the city works to establish itself as a hub for […]
Wirex signs global partnership with Visa to expand crypto footprint
Wirex, a leading cryptocurrency payments app, has teamed up with Visa to increase its presence in the UK and Asia-Pacific. By connecting digital currencies with Visa’s network of banks and merchants, Wirex, a top cryptocurrency payments app, will be able to reach more people in the U.K. and Asia-Pacific and give consumers more payment options. […]
Brazilian Bank Now Allows Citizens To Pay Taxes With Crypto
A major Brazilian bank is providing taxpayers with a fresh and practical way to pay their taxes using digital currency. Brazilian taxpayers can now pay their tax bill using cryptocurrency thanks to a collaborative endeavor with Brazilian crypto company Bitfy, according to a statement released by Brazilian bank Banco do Brasil on February 11. Brazilians […]
Silvergate bank ranks as second most-shorted stock on Wall Street
Silvergate Capital Corp., which has more than 72.5% of its shares shorted, is the second-most-shorted stock in the United States. All equities securities’ short interest positions are compiled and published twice a month by the Financial Industry Regulatory Authority (FINRA). A short position indicates that traders and investors anticipate a decline in the value of […]