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Posts published by “Naga Avan-Nomayo”

Crypto.com Issued Dutch Crypto License After Binance Exit

Crypto.com said the company was approved as a crypto service provider in the Netherlands after a thorough review of its business. The Dutch National Bank approved Kris Marszalek’s crypto exchange shortly after showing the door to leading trading venue Binance. Marszalek’s company has now successfully registered with regulators in the United Kingdom...

Top Abu Dhabi Firm Bullish On Crypto And Commodities, Shorts US Equities

Summary: Abu Dhabi’s Royal Group plans to deploy more capital into the crypto industry and commodities, Bloomberg reported citing people familiar with the matter. The investment firm led by United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan has poured billions into a short position on US stock on the back of

Bitcoin Inscription With Ordinals Token Cache Scooped For Nearly $1 Million

Summary: A trader splurged almost $1 million buying Bitcoin Inscription #5232025 amid growing debates about congestion on the BTC network. This particular BTC Inscription holds 50,000 ORDI coins, the native asset of Ordinals Protocol which was created by developer Casey Rodarmor. ORDI was introduced earlier this year using the BRC-20 standard after developer Rodarmor designed

Aave To Deploy V3 Lending Protocol On BNB Chain After Uniswap Crossover 

Summary: Aave-Chan creator Marc Zeller proposed launching the Aave V3 lending protocol on BNB Chain. Zeller suggested deploying on Binance’s DeFi chain with a basket of digital assets as supported collateral including BNB, WBTC, BETH, WETH, USDC, and USDT. The proposal comes after Uniswap deployed on Binance’s blockchain to tap into a massive DeFi user

South Korea’s FSC Expands Securities Description To Include Certain Cryptos

Summary: The South Korean watchdog updated what assets are considered securities and clarified the regulations governing such tokens.Regulators said the Capital Markets Act would oversee certain types of cryptos as part of a broader effort to standardize the digital asset ecosystem.Reports say tokens that give dividends or a slice of business profits could fall under…

Raydium Hacker Swaps $2.5 million in Stolen Crypto From Solana To Ethereum

Summary: An exploiter stole around $2.5 million in cryptocurrencies from Solana-based decentralized exchange Raydium. The team confirmed that a hacker withdrew liquidity pool tokens from its admin wallet on Friday. The hacker swapped the stolen digital assets from Solana to Ethereum, per on-chain sleuth ZachXBT.  Solana-based decentralized exchange Raydium was exploited on Friday for around…