Business

Over $1 million permanently locked in DeFi smart contract
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6 November, 2020

Over $1 million permanently locked in DeFi smart contract

In the latest DeFi debacle, $1 million in user funds has been permanently locked in a smart contract. Perfect Finance,

OKEx exchange releases suspended withdrawal update
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6 November, 2020

OKEx exchange releases suspended withdrawal update

OKEx, the Singapore-based digital currency exchange that halted digital asset withdrawals on October 16th, has hired external counsel to help

Huobi beset by reports of law enforcement action
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6 November, 2020

Huobi beset by reports of law enforcement action

Huobi has reassured customers that their assets stored in the platform's wallets were safe, following speculation that Robin Zhu was...
Cayman Islands announces new legal framework for digital currency
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6 November, 2020

Cayman Islands announces new legal framework for digital currency

The British Overseas Territory recently announced the new regime for virtual asset service providers, with the Ministry of Financial Services...
DoJ seizes $24M in digital currency from alleged Brazilian scammer
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6 November, 2020

DoJ seizes $24M in digital currency from alleged Brazilian scammer

Federal authorities said the digital currencies were tied to Marcos Antonio Fagundes, who is facing charges in connection with the...
Layer1 mired in legal fight over Texas facility
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6 November, 2020

Layer1 mired in legal fight over Texas facility

The co-founders of Layer1 Technologies Inc. are mixing it up in court over ownership rights to one of the company's...