Stablecoin Cashio plummets by 100% due to infinite mint glitch

The price of Cashio (CASH), a USD-pegged stablecoin based on the Solana blockchain, dropped to nearly zero today after a newly discovered exploit allowed users to produce unlimited amounts of the token.... Read more »

Qantas announces NFT collection and becomes the second airline offering NFTs

Australian airline provider Qantas recently announced that they were planning an NFT drop to their frequent flyers. This is not surprising as NFTs have spread to fields other than art, such as... Read more »

Tennis player Naomi Osaka becomes Global Ambassador of crypto exchange FTX

Renowned professional tennis player and activist Naomi Osaka has become the latest prominent sports figure to enter into a long-term partnership with cryptocurrency exchange FTX in order to “increase access and opportunity... Read more »

Australia eyes sweeping new crypto regulations

Australian senator Andrew Bragg has laid down a proposed regulatory framework for the crypto industry. He announced the legislative proposal titled Digital Services Act (DSA) at the Australian blockchain week conference currently... Read more »

Move over SundaeSwap, Minswap takes top spot as Cardano TVL jumps to $272 million

The Cardano DeFi ecosystem grew 113% over the last month and now has a Total Value Locked (TVL) of $272 million. This performance sees it climb to 26th place on the DeFi... Read more »

NFTs will empower musicians to take back control

This surge in NFT sales can partly be attributed to the increased demand for crypto art and collectables. According to Fortunly, there were more than 11 million NFT art sales over the... Read more »

FTX US President explains how crypto can help marijuana businesses

The banking problems of Marijuana-Related Businesses (MRB) is real. Currently, 34 states within the US allow either recreational or medical usage of cannabis. Even though possession and distribution are still illegal, the... Read more »

Is Binance preparing to leave the Canadian province of Ontario?

Dispute between the Ontario Securities Commission (OSC) and Binance started on June 2021 when Binance announced its decision to quit Ontario due to a regulatory crackdown in the province. At the time,... Read more »

EU regulators: Be ready to lose all your money in crypto

Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union’s securities, banking, and insurance watchdogs said in a joint statement (pdf). “Consumers face the... Read more »

5 “next bitcoins” that weren’t

The world of blockchain gets so many new projects that it’s easy to forget the ones that that fizzled out. Whereas every new “Ethereum killer” gets attention, as do disaster projects like... Read more »