Platform Financial News

In this article

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

NFT marketplace OpenSea suffered a data breach because a worker at its email delivery partner lost user information. According to a blog post published late on 29 June, OpenSea claimed that an employee of Customer.io “misused their employee access to download and share email addresses – provided by OpenSea users and subscribers to our newsletter – with an unauthorized external party.”

The Horizon hack has taken a new twist after the latest post-mortem report. The $100 million theft was initially observed on 24 June but after careful analysis, new developments have emerged. From Uniswap to Tornado, the money trail led to the potential perpetrators.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Societe Generale is now offering a range of capital market products to institutional clients under a native security token format on Ethereum and Tezos.The agreement with Metaco will see the bank adopt the firm's digital asset custody and orchestration platform, Harmonize, to further expand its offering at scale.The deployment is taking place within a larger context marked by the the forthcoming implementation of the EU Pilot Regime, which will permit the processing of security tokens through market infrastructures in compatibility with applicable EU regulations. Jean-Marc Stenger, CEO of Societe Generale - Forge, comments: “Bridging the digital asset industry and traditional finance requires a multifaceted approach incorporating institutional-grade technology, regulation, as well as industrial capacities.

Chainalysis published a research study showing that although decentralized autonomous organizations (DAOs) have emerged as the future of decentralized corporate governance, there have been several weaknesses in their functioning.

A recent reportfrom the Wall Street Journal (WSJ) has revealed that embattled crypto lending platform Celsius Network took on more risk than it could naturally handle.

SINGAPORE & HONG KONG – JUNE 28, 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joint strategic partnership and merger and acquisition with Technicorum Holdings (www.technicorum.com), diving further into the $163 billion annual global blockchain market. The merger company, formerly known as Gravitas International Associates Pte Ltd, a Singapore regulated Payment Services Act exempt company, will be newly renamed as HKD.com (Singapore) Pte Ltd, which will allow both groups to leverage each other's strengths and networks to get more deeply entrenched in the blockchain industry. With regulated payment services globally, a leading centralised exchange app and platform, a regulated token launchpad, expertise from ICO’s to IEO’s, IDO’s, IGO’s, DeFi and NFT’s, as well as recently GameFi, SocialFi, and the Metaverse, this strategic partnership is a great enabler for both HKD.com as well as Technicorum.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Crypto exchange CoinFlex is “unlikely” to resume withdrawals on Thursday, June 30 as it had originally hoped, according to its CEO Mark Lamb, as the company continues to search for buyers of its $47 million bad debt. 

Chainlink [LINK], the most widely used oracle network for powering hybrid smart contracts has been through a tumultuous journey in 2022. In 2020, LINK climbed 15 places up in under a year and stood among the best performing top ten cryptocurrencies.

Troubled crypto lending firm Babel Finance is continuing to face further woes as multiple top employees are leaving the company.

CoinFlex has announced plans to raise funds by issuing a new token that will offer a 20% annual return, according to a report from Bloomberg.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

Cardano [ADA], the eighth-largest blockchain in the world has enjoyed huge attention from developers. According to data harvested from GitHub, Cardano registered the highest level of daily developer activity in 2021. The year 2022 also painted a similar picture with development activity in the fore. However, ADA’s price didn’t quite showcase the same scenario.

The general cryptocurrency market has continued to reel under increased selling pressure. Despite that on-chain data revealed that some crypto assets had recorded noteworthy growth in the last month.

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.