Finance

$30M Stolen as Step Finance Treasury Wallets Compromised

Step Finance disclosed a $30 million breach of multiple treasury wallets containing 261,854 SOL tokens during Asian Pacific trading hours, sending its native STEP token down 90% as the incident adds to January’s $370 million in total crypto exploit losses. The post $30M Stolen as Step Finance Treasury Wallets Compromised appeared first on Cryptonews…

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MYX Finance Skyrockets by Double Digits as Bitcoin Price Calms Below $110K: Weekend Watch

MYX Finance Skyrockets by Double Digits as Bitcoin Price Calms Below $110K: Weekend Watch

HASH is today’s top performer, having surged by over 20%. Following a painful and volatile trading week, in which BTC saw its price tumble by over six grand, the cryptocurrency has finally calmed over the weekend, around $109,500. Most larger-cap alts have produced little to no volatility since yesterday, but some of the smaller caps

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Russian Finance Ministry Wants to Lower Citizens’ Barriers to Crypto Market Entry

The Russian finance ministry says it wants to make it easier for citizens to access the crypto market, calling for a reduction in Moscow’s income threshold for crypto traders. The post Russian Finance Ministry Wants to Lower Citizens’ Barriers to Crypto Market Entry appeared first on Cryptonews…

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Thailand Finance Regulators to Restrict World’s First Tokenized Govt Bonds

Thailand Finance Regulators to Restrict World’s First Tokenized Govt Bonds

Thailand’s Securities and Exchange Commission has clarified the rules for a new government-issued tokenized bond called the G-Token as the country plans to be the first to enable state borrowing from the public via digital assets. However, one of the first things the SEC stipulated was that the new tokenized real-world asset (RWA) cannot be

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6 Reasons Why This Finance Expert Dumped His Ripple (XRP) Holdings

6 Reasons Why This Finance Expert Dumped His Ripple (XRP) Holdings

TL;DR Finance expert Gary Cardone sold his XRP positions, citing unclear supply/demand dynamics, skepticism toward the Ripple community, and other reasons. Despite his concerns, the potential approval of a spot XRP ETF in the US and the ongoing Ripple-SEC lawsuit developments, could create significant upside for the asset’s price. ‘Never Follow the Crowd’ The Ripple

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Polter.Finance Is Now Live on Base Chain Bringing Polter and its $GEIST Tech to a New Audience

Polter.Finance Is Now Live on Base Chain Bringing Polter and its $GEIST Tech to a New Audience

[PRESS RELEASE – Toshima, Tokyo, Japan, September 15th, 2024] Polter.Finance is officially launched on the Base Chain, bridging the gap between Fantom and Base. Polter.Finance is the leading lending and borrowing platform on Fantom and has now expanded to offer its services on Coinbase’s EVM Chain. Meeting Community Demand According to the team, after the $GEIST

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Frax Finance Founder Claims Inside Job at X Resulted in Account Hack

Frax Finance Founder Claims Inside Job at X Resulted in Account Hack

Sam Kazemian, founder of Frax Finance, has alleged that an inside job at X was responsible for the hack of the project’s official account. The breach, which occurred on June 1, led to the decentralized stablecoin protocol behind FRAX USD losing access to its X account. In a Telegram post dated June 3, Kazemian mentioned

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

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

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

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)

[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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