Finance

Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency

Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency

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Last updated: April 29, 2024 03:28 EDT | 1 min read Pakistan’s plans for a central bank digital currency (CBDC) gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb raising the debate again. At the World Economic Forum (WEF) special meeting in Riyadh, Aurangzeb highlighted the nation’s undocumented economy as its biggest hurdle, local […]

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Prisma Finance Hacker Claims ‘Whitehat Rescue’ After $11.6 Million Exploit

Prisma Finance Hacker Claims ‘Whitehat Rescue’ After $11.6 Million Exploit

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Prisma Finance’s hacker, who stole $11.6 million from the decentralized finance (DeFi) protocol, claims the exploit was a “whitehat rescue” and is enquiring who to contact to refund the funds, according to on-chain messages. A white hat hacker tries to find security vulnerabilities in software code using their hacking skills. Attacker Claims ‘Whitehat Rescue’ Before

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Xuirin Finance (XUIRIN) Dives Into the Crypto Arena, Challenges Polygon (MATIC)

Xuirin Finance (XUIRIN) Dives Into the Crypto Arena, Challenges Polygon (MATIC)

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[PRESS RELEASE – Bankstown, Australia, March 25th, 2024] Xuirin Finance is an exciting new project in the world of cryptocurrency that’s all about bringing fresh ideas, being flexible, and having a clear plan for the future. The Xuirin Finance team views the Xuirin Finance (XUIRIN) as a significant milestone in decentralized finance. The project came

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SOMA.finance Announces Launch of Digital Asset Trading Platform with First Product SOMA Starter

SOMA.finance Announces Launch of Digital Asset Trading Platform with First Product SOMA Starter

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[PRESS RELEASE – New York, USA, December 20th, 2023] Launch Coincides with $SOMA Token Sale in Partnership with CF Portal Akemona SOMA Finance, Incorporated (“SOMA” & “SOMA.finance”), the joint venture between MANTRA and Tritaurian Capital, Incorporated (“Tritaurian”) that is building the critical infrastructure of decentralized finance (DeFi), announced today the launch of the first components

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Nirvana Finance Hacker Pleads Guilty, Will Forfeit Over $12 Million in Stolen Funds

Nirvana Finance Hacker Pleads Guilty, Will Forfeit Over $12 Million in Stolen Funds

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A former senior security engineer, Shakeeb Ahmed, pled guilty to the hacking incident on the decentralized finance yield protocol, Nirvana Finance, along with another unnamed decentralized exchange (DEX). Ahmed will also forfeit over $12.3 million in stolen assets, with the United States Attorney’s Office of the Southern District of New York (SDNY) describing the case

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Platypus Finance Hackers Cleared of All Charges on ‘Ethical Hacker’ Defense

Platypus Finance Hackers Cleared of All Charges on ‘Ethical Hacker’ Defense

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The individuals accused of orchestrating the $8.5 million hack of Platypus Finance, an Automated Market Maker (AMM) protocol on Avalanche in February 2023, have been cleared of criminal charges by a French court, according to Le Monde. The defendants, identified as Mohammed and his brother Benamar M., were arrested approximately one week after attacking the

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