Ethereum L2 Arbitrum reports downtime after network hits bug
Popular Ethereum layer 2 blockchain protocol Arbitrum reported on Sunday that a bug in its system resulted in a network outage of about seven hours. At press time, the network…
LCX reports nearly $8M in losses after hot wallet compromise
LCX, a cryptocurrency exchange based in Liechtenstein, has suffered a hack of nearly $8 million after reporting unauthorized access to one of its hot wallets on January 9. Revealing the…
PayPal to explore launching USD-backed stablecoin, confirms report
US-based payments giant PayPal has confirmed reports that it is actively exploring the launch of its USD-backed stablecoin. The news came as the company looks to grow its business in…
Customers Bank Seeks to Expand Its Crypto Offerings
Customers Bank – a top 100 commercial and consumer bank – is looking to broaden its expertise and presence in the cryptocurrency space. The company has worked to bring on…
India Gets Its Very First Crypto Index
It has arguably gotten to the point that crypto traders don’t know what to make of India. One minute it seems to be pushing crypto. The next, it’s shoving it…
SEC Hires New Crypto Advisor Corey Frayer
The Securities and Exchange Commission (SEC) has brought former Senate staffer Corey Frayer on board to serve as a new advisor regarding crypto and digital currency-related issues. The SEC Is…
Matt Damon Crypto.com Ad Gets Criticized On Social Media
What could have easily been an innocent gimmick is getting mocked mercilessly on Twitter and other social media platforms. Not long ago, Live put out an article discussing a new…
NYDFS appoints new deputy head of virtual currency division
The New York State Department of Financial Services (NYDFS) has hired a former director of digital asset strategy at IBM-owned Promontory Financial Group as its new chief of the crypto…
Tencent’s WeChat Pay to support payments in Digital Yuan
Chinese tech giant Tencent’s messaging and payment app WeChat is bringing support for digital yuan to its more than a billion users, local news outlet China Daily reported Thursday. On…
Melania Trump Congratulates Bitcoin On 13th Anniversary Of Bitcoin Genesis Block
Cryptocurrency and Bitcoin investors spread to almost every sector and among different personalities. With the increase in the adoption of digital assets, most people are joining the investment train… ]…