Chainalysis introduces reporting service for firms targeted by hacks involving cryptocurrencies
Chainalysis is set to launch a “Crypto Incident Response” hotline to assist businesses in bringing cryptocurrency hackers to justice. A reporting hotline has been established by blockchain analytics company Chainalysis for instances in which hackers have asked platforms or businesses for cryptocurrency payments. For victims of hacks, ransomware attacks, code exploits, or flash loan attacks […]
Trust Wallet owned by Binance adds buy option through Binance Connect
The self-custodial cryptocurrency wallet of Binance, Trust Wallet, aims to make cryptocurrency purchases easier through Binance Connect. The Binance cryptocurrency exchange’s Trust Wallet, a big self-custodial cryptocurrency wallet, has finished a significant integration to facilitate simpler cryptocurrency purchases. In order to eventually enable customers to buy more than 200 crypto assets straight from credit or […]
Digital currency introduced by Qatar Central Bank in the foundational stage
Qatar central bank is looking into platforms and technology options for its own digital currency. The initiative is now in its early stages. Qatar, a country of 2.8 million people, will join a growing number of nations that are experimenting with the idea of central bank digital currency (CBDC) . The issuance of the digital […]
Tether to introduce GBPT stablecoin backed by British pound sterling
Tether introduces GBPT stablecoin backed by British pounds. It supports Ethereum blockchain and would be accepted as a form of payment. With the addition of a new cryptocurrency tied to the British pound sterling, leading stablecoin provider Tether is expanding its stablecoin offering (GBP). The new GBP-pegged stablecoin, GBPT, will go live in early July […]
SEC’s commissioner, Hester Peirce opposes crypto bailouts, SBF to assist crypto firms
SEC’s commissioner opposed crypto bailouts, especially for those who failed to manage risk. SBF offers assistance to suffering crypto firms. Hester Peirce, a commissioner for the Securities and Exchange Commission (SEC), has spoken out against bailing out cryptocurrency companies, contending it’s actually preferable to “let these things play out” in order to develop a more […]