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Coinbase Cloud Collaborates With Acala Foundation in Support of Liquid Staking

Coinbase Cloud Collaborates With Acala Foundation in Support of Liquid Staking

Web 3 and blockchain infrastructure provider Coinbase Cloud has announced a new partnership with Acala Foundation, the DeFi hub of Polkadot, by first bringing KSM liquid staking on Karura. KSM is the native token of

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Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading

Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading

The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main

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Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March

Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March

While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the

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Solana validators restart network after a 7-hour outage

Solana validators restart network after a 7-hour outage

The Solana Mainnet Beta had lost consensus after a flood of transactions – reportedly 4 million per second and at over 100gbps – hit the network on Saturday. Solana validators have successfully restarted the blockchain

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DeFi Exploits Continue to Plague Industry as Saddle Finance Hack Sees $10M Stolen

DeFi Exploits Continue to Plague Industry as Saddle Finance Hack Sees $10M Stolen

Saddle Finance, a decentralized finance protocol, has suffered a $10 million hack, according to blockchain security and data analytics company PeckShield. The exploit occurred in a group of transactions and took advantage of the wrong MetaSwapUtils library

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JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’

JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’

Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorgan’s

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Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours

Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours

The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto scams promise

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Ripple Battle Rages On: SEC Makes New Attempt to Protect Hinman Emails

Ripple Battle Rages On: SEC Makes New Attempt to Protect Hinman Emails

The SEC has filed a new letter motion in an attempt to avoid submitting Hinman emails to the court In an ongoing legal battle by Ripple against the SEC, the latter has made another attempt

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Bill Regulating Crypto Mining Submitted to Russian Parliament

Bill Regulating Crypto Mining Submitted to Russian Parliament

A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages

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110,000 LUNA Bought by Top Whale as Terra Returns as Most-Purchased Asset by Whales

110,000 LUNA Bought by Top Whale as Terra Returns as Most-Purchased Asset by Whales

Terra (LUNA) is coming under the radar of the top 500 ETH whales WhalesStats reports that nearly 110,000 LUNA tokens have been purchased by a leading Ethereum whale, while Terra (LUNA) returns to the top

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