Coinbase asserts Apple halted wallet app release over gas prices
According to the platform, Apple requested that Coinbase Wallet prohibit NFT transactions in order to introduce new restrictions to safeguard corporate revenues at the expense of user investment in NFTs. According to Coinbase’s self-custody cryptocurrency wallet, Apple’s intervention has made it impossible for customers to send nonfungible tokens or NFTs. On December 1, Coinbase Wallet […]
Binance CEO says 127K BTC move is PoR audit procedure
The CEO of cryptocurrency exchange Binance has stated that significant sums of cryptocurrency are being moved as part of its proof-of-reserve (PoR) audits. On November 28, according to a tip from Whale Alert , Binance transmitted 127,351 Bitcoin, or more than $2 billion, to an unidentified wallet. On-chain data shows that the transaction took place […]
Aave closes lending markets to stop attacks
Protocol for decentralized liquidity Aave has temporarily shut down lending markets for 17 tokens in an effort to prevent volatility risks that might result in additional market manipulation attempts. Following a vote by Aave governance members to temporarily freeze assets deemed to be volatile and low liquidity, the lending markets were shut down. Yearn Finance […]
South Korea revises Crypto regulations to avoid FTX recurrence
Yoon Chang-Hyun, a South Korean politician from the People Power Party, wants to change the crypto-safe transaction bill because he thinks the current bill doesn’t protect users enough after the FTX collapse. Yoon Change-Hyun presented the bill change to the National Assembly Political Affairs Committee on November 22 during a first subcommittee meeting to discuss […]
Crypto wallet linked to Mt. Gox hack moves 10,000 BTC
On November 23, a crypto wallet belonging to the defunct crypto exchange BTC-e sent 10,000 Bitcoin, which is now valued at over $165 million, to multiple exchanges, personal wallets, and other sources. According to a Chainalysis report published on November 23, while this is the largest withdrawal made by BTC-e since April 2018, BTC-e and […]