Category: Crypto Flash News

The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth. Richard Ma, the CEO and co-founder of the blockchain security startup Quantstamp, explained that decentralized finance has the potential to change our…

Over $16 million worth of KNC have been staked within 24 hours of Kyber launching the service. $16.7 million worth of decentralized finance (DeFi) liquidity protocol Kyber Network’s KNC token have been locked up in staking within 24 hours of…

Stablecoin issuer Centre has confirmed they froze an Ethereum address holding $100,000 USDC at the request from law enforcement. Centre, the company that issues the stablecoin USD Coin (USDC) has blacklisted an Ethereum address holding $100,000 in USDC in response…

Animoca Brands, the firm behind noted NFT-powered games The Sandbox and F1 Delta Time, has reported record revenue amid the COVID-19 lockdown. Animoca Brands, the firm behind blockchain-powered games The Sandbox, F1 Delta Time, and Crazy Defense Heroes, has reported…

Chainlink CEO Sergey Nazarov and Interwork Alliance President Ron Resnick are optimistic that enterprise adoption is speeding up. Enterprise adoption of smart contracts and blockchain technology is coming to a head soon, according to Chainlink CEO Sergey Nazarov and Interwork…

Former Facebook Vice President and Deputy General Counsel Paul Grewal will lead crypto exchange Coinbase’s legal team. Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, is joining crypto exchange Coinbase’s legal team. In…

The Head of Blockchain at the World Economic Forum says people excluded from traditional financial systems will help drive mass adoption. The World Economic Forum’s head of blockchain and data policy, Sheila Warren, says that people who have turned away,…

The operator of an allegedly fraudulent crypto escrow scheme accused of misappropriating $7 million from two clients is expected to plead guilty in September. Jon Barry Thompson, the accused operator of a fraudulent crypto escrow service that defrauded $7 million…

A major Chinese e-commerce platform and a video sharing site have reportedly joined China’s CBDC project. Development of China’s central bank digital currency, or CBDC, continues to show signs of progress. On July 8, a major domestic e-commerce platform and…

A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces. Speaking at Unitize virtual event, Coin Metrics researcher Lucas Nuzzi suggested that one way for exchanges to fight back against the hackers is by renting…