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90% of the assets lost in the exploit are recovered by Platypus Finance.

A decision has been reached by Platypus Finance to refrain from taking legal action against the perpetrator. Platypus Finance, a decentralized finance (DeFi)

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Uncategorized

Immutable postpones by a year the $67 million token vesting.

In July 2024, the vesting of 125 million Immutable IMX tokens allocated for developer rewards will commence on a monthly basis. Immutable, a

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Crypto News

Binance.US asks users to convert USD into stablecoins for withdrawals

Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in United States dollars are no longer supported on the

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Crypto News

Russian telecoms giant MTS announces ads service targeting Telegram users

Russia’s largest telecommunications firm, MTS, claims it will launch an advertising service targeting Russian Telegram users, but the social messaging application denies it

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Crypto News

Crypto investor protections won’t take effect in EU until late 2024

Crypto investor protections in EU are not yet protected under European Union cryptocurrency asset market rules, and it will take some time for

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Crypto News

BIS: Major Banks to Disclose Crypto Holdings from 2025

The global banking regulators, BIS, have taken a significant step towards increasing transparency in the financial sector. The Basel Committee, comprising banking regulators

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Crypto News

Ripple job posting hints at possible IPO, XRP community says

Fintech payments company Ripple released a new job posting on Oct. 16 for a shareholder communications senior manager across multiple locations in and outside the United

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Crypto News

VitaDAO, DeSci-focused DAO community, funds cancer research

VitaDAO, a decentralized autonomous organization (DAO) collective dedicated to early-stage longevity research, funded the launch of a biotech company, Matrix Biosciences, which is

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Crypto News

To increase liquidity, Coinbase suspends 80 non-USD trading pairings.

The United States-based cryptocurrency exchange Coinbase is removing dozens of trading pairs in order to improve liquidity on its platform. Coinbase has suspended

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Crypto News

UK’s ‘Help with Fees’ scheme won’t define crypto as disposable income

British citizens who hope to access legal assistance through the proposed “Help with Fees” (HwF) scheme will not have cryptocurrency holdings classified as

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