Grab, the renowned ride-hailing super-app with a stronghold in Southeast Asia, has ventured into the world of Web3 services. This strategic shift opens up a world of possibilities for its massive user base, enhancing their digital experience. With this update, Grab users now have the capability to effortlessly set up their Web3 wallets, unlocking a […]
The notorious Lazarus Group, a North Korean hacker organization, has once again demonstrated its capabilities by orchestrating a massive digital heist. This time, their target was the crypto casino Stake, resulting in a staggering loss of $41 million in digital assets. The FBI officially confirmed this harrowing incident in a statement released on Thursday. The […]
Regulatory clarity has become a central focus for governments and financial hubs worldwide. Currently, a staggering 83% of G20 member nations and major financial centers have made significant strides toward achieving regulatory transparency within the crypto space. However, a notable outlier in this global movement is the United States. Across the globe, countries are engaging […]
In a comprehensive policy roadmap presented by global standard-setting organizations, the idea that merely banning cryptocurrency won’t suffice to eliminate its risks is gaining prominence. This forward-thinking document, commissioned by the intergovernmental G20 forum under India’s leadership, amalgamates norms outlined by the Financial Stability Board (FSB), the International Monetary Fund (IMF), and other international standard-setters […]
MetaMask, the renowned cryptocurrency wallet and browser extension, has introduced a game-changing feature that empowers users to seamlessly convert their digital assets into fiat currency. This announcement comes as a momentous stride toward bridging the gap between the cryptocurrency realm and traditional finance. Facilitating Global Access MetaMask’s latest offering allows users in the United States, […]
Hundreds of millions of people worldwide have joined the ranks of cryptocurrency enthusiasts, with 425 million individuals engaging in various digital assets, not just Bitcoin. This revelation comes from Henley & Partners’ recent Crypto Wealth Report, which delves into the ever-evolving landscape of digital finance. While the crypto market may have shed some of its […]
Popular crypto betting platform Stake reopened deposits, withdrawals, and services just hours after hackers exploited its hot wallets for an estimated $41 million. On September 4th, Stake confirmed unauthorized transactions that drained funds from its Ethereum and BNB Smart Chain wallets. Total losses are pegged at $15.7 million on Ethereum, $25.6 million on BSC and […]
A new survey from the KuCoin exchange reveals rapidly rising cryptocurrency adoption in Turkey as the country grapples with sky-high inflation and a plunging national currency. Over the past 18 months, the percentage of the Turkish population invested in crypto has jumped from 40% to 52%, per KuCoin’s “Understanding Crypto Users” report. The research is […]