Blockchain Financial News

Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain.

Payment processing giant MoneyGram is set to launch its own noncustodial crypto wallet, the company’s CEO, Alex Holmes, announced during the Stellar Development Foundation annual Meridian conference.

announced at RIL's annual general meeting held last month. Reliance has now sent out a postal ballot to shareholders seeking a nod for their appointment as board of directors of the company.

The United Kingdom is “a home for financial and technological innovation,” according to Chris Larsen, co-founder and executive chairman of US fintech and blockchain firm Ripple.

Matrix Partners India, an early investor in startups such as OfBusiness, Dealshare, Ola Electric and Quikr, on Monday said it has promoted three of its principals, Aakash Kumar, Pranay Desai and Sudipto Sannigrahi, to managing directors. The Bengaluru-based venture capital (VC) firm took to X, formerly Twitter, to make the announcement late evening and said, “We are thrilled to have these talented leaders on our team, and we look forward to their continued contributions to the firm.”

In the evolving landscape of decentralized messaging apps, Session stands out as a frontrunner, offering a robust, open-source and fully decentralized platform that puts security first and gives back data control to users.

Over the next week, the United States government faces the possibility of a shutdown as House Speaker Kevin McCarthy grapples with internal political pressures regarding spending plans. 

The Cardano price has risen by 0.5% in the past 24 hours, reaching $0.246018 as the cryptocurrency market as a whole makes a similarly modest move today.

The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard.

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Hackers stole around $200 million from crypto firm Mixin early on Saturday, the company said on social media platform X on Monday, in what researchers say is the largest crypto theft so far this year. Mixin, which lists its location on LinkedIn as Hong Kong, said the database of its network's cloud service provider was «attacked by hackers, resulting in the loss of some assets» and that «the funds involved are approximately US$200 million». Mixin describes itself as a network for transferring digital assets. It has one million users, according to its website. It said on X, formerly known as Twitter, that it had stopped allowing users to withdraw their funds from the network, but that transfers were not affected and that services will re-open once the vulnerabilities are fixed.

The United States National Aeronautics and Space Administration (NASA) and its partners Lonestar, a computing startup based in Florida, and the Isle of Man will send a payload to the Moon containing “data cubes” in February 2024. The data secured in these cubes will be verified back on Earth using blockchain technology.

In today's rapidly evolving cryptocurrency landscape, Bitcoin (BTC), the pioneer of the digital currency realm, finds its position and value influenced by emerging blockchain platforms and their associated tokens. 

Hong Kong-based decentralized cross-chain transfer protocol Mixin Network is drawing controversy over the disclosure of a $200 million hack on Sept. 25.

Huobi Global’s HTX crypto exchange was hacked on Sept. 24, according to a report from blockchain analytics platform Cyvers. A total of $7.9 million of crypto has been drained in the attack.

Toncoin ($TON) defied the cynical market cycle with a major bullish price rally, shocking skeptics. The token soared by an impressive 40% within a week, and more than 80% over the past month. This price surge pushed $TON into the list of the top ten cryptocurrencies by market capitalization. The project’s outstanding performance has excited traders as they anticipate other projects ready to explode. Domini.art ($DOMI) and Polkadot ($DOT) are two rising stars whose unique offerings have garnered investor interest.

Mark Cuban, an American Shark Tank host and Billionaire, has been reported to be a victim of a malicious attack that took over $900k from his Metamask Wallet in a whisker. Mark was shocked and wondered how the white-capped hackers managed to drain virtual currencies from his wallet. This indicates that individual investors and entrepreneurs should conduct a background check of a crypto organization. 

Hackers stole around $200 million from crypto firm Mixin early on Saturday, the company said on social media platform X on Monday, in what researchers say is the largest crypto theft so far this year. Mixin, which lists its location on LinkedIn as Hong Kong, said the database of its network's cloud service provider was «attacked by hackers, resulting in the loss of some assets» and that «the funds involved are approximately US$200 million».

Tourists planning on visiting the People's Republic of China can now pre-charge Digital Yuan wallets using VISA and Mastercard payment options as the nation continues to update the mobile app powering its CBDC pilot.

Arbitrum, a layer-2 scaling solution for the Ethereum blockchain, officially added the unclaimed tokens from its airdrop to its treasury, stated Cointelegraph.

Crypto investment products registered their sixth consecutive week of outflows for the week ending Sept. 24. According to data from CoinShares, digital asset outflows from crypto investment products reached $9 million last week.