The post Crypto News Today: Storj Files Chapter 11 Bankruptcy and WEMIX Loses $6.25M in Same Day Security Breach appeared first on Coinpedia Fintech News
Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s off-chain database and inserted fraudulent swap records.
The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders.
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players.
POSCO International, South Korea's largest trading company, has begun tokenizing trade receivables on blockchain in a test that could speed up commercial payments between its global subsidiaries.
Senators released new text for the Clarity Act, merging two versions and addressing for the first time what an ethics provision might look like. The bill isn't yet at the finish line though.
Bitcoin remains in a bear market but may be entering its final stretch, according to a chart analyst tracking the cryptocurrency’s historical four-year cycle, with a possible bottom forming as soon as October.
XRP has already dipped as low as $1.01 during the ongoing bear market pullback, reviving talk that the token could briefly slip below a dollar before this cycle’s downturn runs its course.
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while allowing crypto assets to be used in foreign trade operations.
The U.S. Commodity Futures Trading Commission, which has claimed a role as the leading regulator of prediction markets firms run by companies such as Kalshi, Coinbase, Polymarket and Crypto.com, issued an advisory on Fr…
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries.
The race to secure Markets in Crypto Assets (MiCA) licenses may be over, but Europe's landmark crypto rulebook is already entering a new phase, one that could reshape the industry's ownership structure.
Shiba Inu rose 36% to about $0.0000057 on Sunday, adding roughly a billion dollars to its market value in a day, with no announcement or development to account for it.
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January.
Cryptocurrency exchange BitMart said Sunday it will wind down its trading platform, ending nine years of operation and sending its exchange token down almost 60% after the announcement.