Cross-chain router protocol Multichain (formerly Anyswap) urges users to revoke approvals for six tokens to avoid loss due to a “critical vulnerability” that is currently being exploited by malicious individuals.Users who approved WETH, PERI, OMT, WBNB, MATIC and AVAX on the Multichain platform are now at risk, experts warn. To avoid loss, the Multichain team advises users to … [Read more...] about Multichain asks users to revoke approvals amid ‘critical vulnerability’
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Vietnam’s PM asks State Bank to trial digital currency on blockchain
The State Bank of Vietnam is reportedly set to become the latest central bank to delve into explorations of the feasibility and operationally of central bank digital currencies (CBDCs). Its brief, distinct from some other countries, is to trial a digital currency that would expressly be built on blockchain technology, rather than a centralized protocol.According to a July … [Read more...] about Vietnam’s PM asks State Bank to trial digital currency on blockchain
Ripple (XRP) asks court to impose deadline on the SEC to produce documents
In the Securities and Exchange Commission (SEC) vs. Ripple lawsuit, the San Francisco-based fintech firm has accused the securities regulator of willfully refusing to hand over documents related to BTC, ETH, and XRP.This is despite Judge Netburn’s ruling on April 6 ordering the SEC to reveal communications regarding the above cryptocurrencies. The standstill is yet another … [Read more...] about Ripple (XRP) asks court to impose deadline on the SEC to produce documents
New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit
The Ripple community has launched a new petition to “stop the war” on XRP.Crypto & Policy founder Thomas Hodge has started a Change.org petition directed at Securities and Exchange Commission chair nominee Gary Gensler, asking him to end the SEC's lawsuit against Ripple once he's confirmed as chairman of the commission.Announcing the news Wednesday, Crypto & Policy … [Read more...] about New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit
Shopify CEO asks crypto community about how to integrate DeFi
The DeFi market is steadily heating up as yield farms, NFTs, and other non-custodian financial services gain popularity among mainstream audiences. And tech CEOs want in on the action.Enter Shopify yields?Last week saw Shopify CEO Tobi Lutke turn to crypto circles on Twitter to ask proponents about how the e-commerce technology site could help build in DeFi. “What are the … [Read more...] about Shopify CEO asks crypto community about how to integrate DeFi