Crypto exchange HTX, formerly known as Huobi Global, has said it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. In its announcement, the exchange promised to “fully […]
HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of a $86.6 million exploit against the HECO Chain bridge on Nov. 22. According to a report from blockchain security firm Cyvers, the losses stem […]
Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to a Nov. 21 blog post. The new “bridged USDC standard” allows developers to launch the […]
Crypto media platform CoinDesk has been acquired by crypto exchange Bullish for an undisclosed sum, according to a report published in The Wall Street Journal (WSJ) on Nov. 20. The crypto exchange is headed by former New […]
Top Stories This Week Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO ChatGPT developer OpenAI removed founder Sam Altman from his CEO position on Nov. 17. Chief technology officer Mira Murati is […]
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. A new DeFi report has highlighted that […]
A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local banks for settlements. “I am pleased to […]
Solana (SOL) has reached new yearly highs, gaining more than 17% the day after ARK Invest CEO Cathie Wood lauded the network for its efficiency and cost-effectiveness. In a Nov. 15 CNBC interview, Wood described […]
Decentralized U.S. dollar stablecoin protocol Raft claims that despite multiple security audits, the firm still suffered a security exploit leading to the loss of $6.7 million last week. According to the project’s Nov. 13 post-mortem […]
With the Bitcoin halving just months away, MicroStrategy co-founder and Bitcoin bull Michael Saylor thinks that demand for BTC could grow by as much as 10X by the end of 2024. During a speech at […]
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