Over $2.5 billion have been stolen from cross-chain bridges in the past two years. According to a new report by crypto data aggregator Token Terminal, approximately 50% of exploits in decentralized finance, or DeFi, occur on cross-chain bridges. In two years’ time, more than $2.5 billion have been stolen by hackers from exploiting vulnerabilities on...Continue Reading

The declaration marks the beginning of the long-awaited process of regulating crypto assets, which will produce benefits such as consumer protection and AML/KYC compliance. The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, published a notice Oct. 19 indicating that the country’s 2002 Financial Advisory and Financial Intermediary Services Act (FAIS) has been updated...Continue Reading

The co-founder of Animoca Brands, Yat Siu, claimed that NFT games are only scratching the surface of what’s possible. In this week’s newsletter, read about how Animoca Brands co-founder Yat Siu believes that nonfungible token (NFT) games are only at the tip of the iceberg in terms of potential. Check out how an executive at...Continue Reading

Bitcoin and most altcoin prices have turned down and look to retest underlying support levels. The lack of a decisive catalyst and the strength in the United States Dollar Index (DXY) has kept the recovery of risky assets under check. Bitcoin (BTC) remains stuck inside a tight range, searching for that elusive breakout. The longer...Continue Reading

The company said that 20 million APT tokens were airdropped to about 110,235 eligible participants. Layer 1 blockchain company, Aptos Foundation, announced on Oct 18 that it had rewarded its early network participants with free APT tokens.  1/ The Aptos Foundation has provided early network participants with APT tokens. If you are eligible to claim,...Continue Reading

This move will allow Binance to propose governance votes, but is not enough to meet the quorum 4% requirement. Crypto exchange Binance is now the second-largest entity by voting power in the Uniswap DAO, sitting just behind the venture firm Andreessen Horowitz, or a16z, according to the on-chain list of delegates.  On Oct. 18, Binance delegated...Continue Reading

SOL price is down 29% since August, and three key metrics suggest bulls are in no rush to return. The past eighty days have been moderately bearish for cryptocurrencies as the altcoin market capitalization declined by 16%. The downside movement can be partially explained by the U.S. Federal Reserve’s quantitative tightening, rising interest rates and...Continue Reading

Total crypto market cap actually increased in Q3 following a series of devastating sell-offs earlier this year. According to a new report published by cryptocurrency data aggregator CoinGecko, several interesting anomalies surfaced in the cryptocurrency markets during the third quarter Although the digital asset industry witnessed heavy sell-offs earlier this year, its overall market cap...Continue Reading

Kim Grauer, Director of Research at Chainalysis, explains why the amount of crypto stolen in hacks is surging and what could be done to invert this dangerous trend. Reducing the amount of hacking by improving cybersecurity should be considered a top priority for the crypto industry, said Kim Grauer, director of research of blockchain intelligence...Continue Reading

A survey on the appetite for digital assets for institutional investors showed that 43% already own digital assets. The latest survey carried out by Cointelegraph Research among 84 professional investors across the globe revealed that out of $316 billion in assets managed by the respondents, 3.3%, or approximately $10.42 billion, is invested in cryptocurrencies. Some...Continue Reading