Browsing:Blockchain

Another $2.75 million in stolen money has been returned, with the main hacker behind the Transit Swap attack earning a big reward.
2 years ago 1 min read

Transit Swap DeFi Hacker receives a $690,000 bounty after returning $2.75 million worth of crypto stolen

Another $2.75 million in stolen money has been returned, with the main hacker behind the Transit Swap attack earning a sizable reward in the process. As part of a deal to return user funds, the largest hacker who stole more than $23 million from decentralized exchange (DEX) Transit Swap will accept a bounty worth nearly $690,000. According to Transit Finance blog post, “white hat #1” the hacker will return 10,000 Binance Coin (BNB), or roughly $2.75 million in two installments. This is in addition to the money that the same hacker returned around this time last week, which made up

Co-Founder & COO of The Sandbox, and Mike Butcher
2 years ago 3 mins read

Global tech leaders unpack the true value and impact of the Web 3.0 economy at GITEX GLOBAL 2022

UAE, October 10, 2022: International pioneers of the Web 3.0 economy are in Dubai, bringing a host of never-seen-before experiences and technology innovations to propel the next digital revolution at the world’s largest tech event, GITEX GLOBAL 2022. From Oct 10-14, Dubai World Trade Centre (DWTC) is hosting the global tech ecosystem, with over 1,000 thought-provoking speakers and more than 5,000 companies from 90 countries spanning 26 halls and two million sq. ft of exhibition space. H.E. Omar Bin Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, delivered the opening keynote speech

North Korea used stolen crypto to fund weapons
2 years ago 2 mins read

North Korea is funding weapons programs with the stolen crypto

North Korea is allegedly funding its nuclear weapons programs with stolen cryptocurrency worth millions of dollars, according to international investigators. Meanwhile, a controversy has erupted in South Korean political circles over claims that certain politicians have connections to the crypto developer Virgil Griffith. The development is timely in light of Pyongyang’s assertion that recent missile launches were a “simulation” of nuclear attacks on South Korea. According to South Korean and American intelligence reports, the North will soon carry out its first nuclear weapons test in five years. And all of this, according to Seoul and Washington, is being paid for,

Helium Token HNT
2 years ago 2 mins read

Binance to soon remove multiple trading pairs of the Helium Foundation’s token

The Binance exchange will soon delist several trading pairs of the Helium Foundation’s token because it says it delists assets if they don’t adhere to “high standards.” There is “no basis,” according to Scott Sigel, chief operating officer of the Helium Foundation, for Binance to delist a number of trading pairs of the Helium Network Token (HNT). After Binance announced on October 6 that it was removing cross, isolated margin, and spot trading pairs for HNT and Binance USD (BUSD), Tether, and Bitcoin, Sigel made the following remarks. The HNT/BUSD pair will only be available for spot trading after Oct.

A transnational crypto fraud ring with its headquarters in Curitiba, Brazil, was busted on October 6 by the Brazil and U.S. HSI.
2 years ago 1 min read

A US-Brazil investigation results in the dismantling of a global crypto fraud ring

A transnational cryptocurrency fraud ring with its headquarters in Curitiba, Brazil, was busted on October 6 as a result of an investigation by the Brazilian Federal Police, U.S. Homeland Security Investigations (HSI), and numerous law enforcement partners. 20 search and seizure warrants were carried out by the Brazilian Federal Police as part of Operation Poyais in the Brazilian states of Parana, Santa Catarina, Sao Paulo, and Rio de Janeiro for various criminal offenses. International money laundering, running a criminal enterprise, fraud, and crimes against the domestic financial system are among the infractions. The investigation turned up several possible legal transgressions,

The Reserve Bank of India, the central bank of India, will soon start the launch of its CBDC, the Central Bank Digital Currency.
2 years ago 1 min read

The RBI of India will soon begin a CBDC pilot program.

The Reserve Bank of India, the central bank of India, will soon start the launch of its CBDC, the Central Bank Digital Currency, which is intended for specific use cases. According to the Reserve Bank of India, “multiple technological options will be tested, and the final architecture will be chosen based on the results.” A report titled “Concept Note on Central Bank Digital Currency” was recently released by the central bank of India. It was a 51-page document that discussed the goals, options, advantages, and risks of India’s Central Bank Digital Currency (CBDC) issuance. India has long considered the advantages

Dapper Labs
2 years ago 3 mins read

Dapper Labs has been ordered by EU law to impose the restrictions on Russian accounts

Dapper Labs, have suspended Russian accounts, following the implementation of new sanctions by the European Union (EU) against Russia and its citizens. The Dapper team explained that their company has been ordered by EU law to impose the restrictions on Russian accounts because its “payment processing and stored value service partner is subject to EU regulations.” The most recent round of EU sanctions against Russia were announced on October 6, and they completely forbid the provision of crypto wallets, accounts, and custody services, regardless of the total value of the assets. In response to the announcement of the sanctions, Dapper

Despite poor market conditions, Ripple has been able to continue its hiring drive with a plethora of new job positions.
2 years ago 1 min read

Ripple continues hiring despite the poor market conditions

Despite poor market conditions, Ripple has been able to continue its hiring drive with a plethora of new job positions. The new employee of Ripple will oversee the company’s websites as a design and marketing department member. This person will be in charge of directing technological choices and putting various plans into action. The job description specifies that the applicant must have an in-depth understanding of web development. Additionally, he or she should possess “excellent leadership and communication skills” and be able to oversee a team of in-house front-end engineers. In contrast to many other cryptocurrency businesses that have been

Bitcoin for Businesses
2 years ago 4 mins read

How To Grow Your Business Using Cryptocurrency?

The rise of cryptocurrency has changed the financial industry over the years. While many still don’t understand the concept and the fears about Bitcoin and Ethereum are high, there is no doubt that this virtual currency presents various benefits for business owners and institutions.  Bitcoin, the first well-known decentralized virtual currency, helps businesses with security and transparency since no individual or organization controls the blockchain. However, using crypto in business offers more than protecting your most essential data. Surprisingly, using crypto can help your business grow more than ever. So if you’re looking to expand your business using crypto but

Mr. Kelvin Utomo and Mr. Linh Le, representatives of Visa and ShopNEXT in the signing ceremony.
2 years ago 4 mins read

ShopNEXT partners with Visa to launch the first-ever Web3 Loyalty Platform

NEW YORK, Oct. 7, 2022 /PRNewswire/ — ShopNEXT has partnered with Visa to launch the first-ever Web3 Loyalty Platform. Any user with a Visa card can not only shop conveniently but also can earn token rewards. This ingenious loyalty platform is expected to help millions of merchants grow businesses and contribute to rapidly stimulating the global economy as well as bringing Web3 to the masses. How does it work? ShopNEXT utilizes the card-linked feature of the Visa Offers Platform that allows any user to link a Visa card to their mobile app. Through VisaNet, ShopNEXT will be able to track all successful card payment transactions

FTX and Visa
2 years ago 1 min read

FTX and Visa to enable crypto payments in 40 nations

FTX exchange announced that it would launch a debit card in collaboration with payment giant Visa. The FTX token increased by more than 7% following the announcement. One of the biggest cryptocurrency exchanges in the world, FTX, teamed up with payments giant Visa to introduce debit cards in 40 nations around the world. With this partnership, FTX users would be able to pay for goods and services with “zero-fee” debit cards. Additionally, the company noted that owning a card is free. Note that Sam Bankman-Fried, founder of FTX, has long expressed a desire to introduce an FTX debit card. His

The biggest International Crypto, Blockchain, and Metaverse exhibition, ICBM Expo, is around the corner. Events360 Group gladly announces the great platform to drag exhibitors, traders, specialists, and fans from the neck of the wood and globally.
2 years ago 4 mins read

ICBM Expo – The Nucleus of Game-Changing Technologies

The biggest International Crypto, Blockchain, and Metaverse exhibition, ICBM Expo, is around the corner. Events360 Group gladly announces the great platform to drag exhibitors, traders, specialists, and fans from the neck of the wood and globally. Therefore, mark March 3–4, 2023, to attend the most significant technology exhibition. Conferences will happen for two (02) consecutive days of the exhibition at a constant pace at the Festival Arena, Festival City Dubai – UAE. Event Promo: https://www.youtube.com/watch?v=Fi6hpPirvcU&t=8s ICBM Expo is the only enormous meetup opportunity for tech companies to come up with all their pioneering offers. Moreover, people visiting it are expected

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