Interest in the metaverse is accelerating at a global rate, with countries all over the world joining in the rush to get involved. In Japan, a country often associated with its legacy technology sector, a group of well-known tech companies entered into an agreement on Feb. 27 to forward the…
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Quick Take The outflows for BUSD continue, which sees a balance on exchanges of less than 10 billion. The balance on exchange was as high as 22 billion on exchanges in November 2022 — a trend expected to continue. USDT and Bitcoin have benefited the most from these outflows —…
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As the Solana network suffered another setback, crypto community members went on social media to express various concerns, even comparing the blockchain to other projects like Ethereum and Bitcoin. On Feb. 25, the Solana network faced performance degradation issues, resulting in transaction disruptions, leading validators to opt for a network…
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Alchemy Pay ACH (24h) $0.04189 +8.45% Alchemy is the pioneer of Hybrid Crypto-Fiat Gateway that is bridging the gap between the fiat and crypto economies – driving crypto adoption by making payments, blockchain solutions and DeFI services readily available to everyone. More about Alchemy Pay Source link
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$700,000 worth of funds has been drained from BNB Chain DeFi protocol LaunchZone, with the project alleging that an attacker has carried out an exploit. Details remain scarce after more than 80% of funds in the LaunchZone liquidity pool were drained on Feb. 27. A message on the project’s official…
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Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittances and fund transfers in cooperation with the local fintech Berkah Digital Pembayaran. Announcing the news on Feb. 27, Alchemy Pay noted that the Bank of Indonesia issued the licenses jointly to Alchemy Pay and Berkah…
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Ad Chia Network CEO Gene Hoffman has argued that the XCH token is not a security, however, the company was working to register with the U.S. Securities and Exchange Commission (SEC). SEC Chairman Gary Gensler stated on Feb. 25 that “everything other than Bitcoin is a security.” He argued that…
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The suspected actors behind the $6 million exploit of decentralized finance lending protocol Lendhub have just sent more than half of their ill-gotten gains from January into sanctioned crypto mixer Tornado Cash. Blockchain security firms PeckShield and Beosin alerted their respective followers to the movement of funds on Feb. 27,…
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Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is a stagnating firm. Kano resigned in 2019 following a series of management disputes but is now determined to…