Tag: Crypto Exchange
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Cross-chain token bridge ‘Nomad’ compromised, $200M stolen so far: Report.
On Monday, an attack was made on the Nomad cross-chain token bridge, and the attackers took almost all of the cash from the protocol. Due to the hack, nearly $200 million worth of cryptocurrency was lost. Crypto traders routinely use many alternative blockchains, such as Ethereum, Avalanche, and Solana, indistinguishable from the uninitiated. TokTransferring tokens…
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Crypto friendly Singapore mulls tougher restrictions amid meltdown
The Singapore government is planning to introduce additional tough measures to safeguard consumers from the crypto meltdown, including restrictions on retail trading. Tharman Shanmugaratnam, Senior Minister and Minister in Charge of the Monetary Authority of Singapore (MAS), said that the recent market conditions clearly demonstrate the risks with prices of several cryptocurrencies dipping significantly, reports ZDNet. The country, known…
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World’s Largest Crypto Exchange Binance Signs Up TikToker Khaby Lame As Brand Ambassador For Web3.0
World’s largest crypto exchange Binance is partnering with renowned Tiktoker Khaby Lame to promote Web3.0 services globally. Khaby is the most famous Tiktoker of all time. Over 143 million TikTok followers follow the Senegalese lad, versus 78 million followers on Instagram. Aside from Hollywood stars and sports stars, he has collaborated with some of the…
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‘Nexo Card’ World’s 1st Crypto-Based Credit Card Launched By MasterCard And Nexo
A major crypto lender, Nexo has partnered with Mastercard to launch the world’s first crypto-enabled payment card. This kindles forth optimism for a crypto economy that doesn’t necessarily have to dismantle the conventional economy totally. With this ambitious collab, virtual digital assets are set to become mainstream. The card will be piloted initially in some…
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Crypto Exchanges Make Bets On NFTs Amid Regulatory Uncertainty.
Indian cryptocurrency exchanges seem to have taken a shine to Non-Fungible Tokens (NFTs). At least half a dozen crypto platforms are foraying into the NFT space, assuming that it would not be outlawed as NFTs hold an underlying asset that is traded in digital form. The number of cryptocurrency exchanges that offer NFTs has grown…
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Dogecoin To Become A Viable Payment Option: Elon Musk Shares ‘Super Important’ Proposal
Tesla and SpaceX founder Elon Musk, who is also well known for his deep interest in Dogecoin, has captured attention again with a tweet praising the meme-based cryptocurrency. Musk offered a proposal for the cryptocurrency to become a payment option for all in response to a tweet by Dogecoin creator Billy Markus aka Shibetoshi Nakamoto.…