A vulnerability impacted wallet addresses created through the browser extension between Nov. 14 and 23, resulting in nearly $170,000 in losses. Crypto wallet Trust Wallet has disclosed a security vulnerability that resulted in nearly $170,000 in losses for some users. The vulnerability has been patched, according to the company. Trust Wallet found out about the issue through…

The platform’s first derivatives contract will be a BTC perpetual contract denominated in Gemini Dollar, followed by an ETH/GUSD perpetual contract. United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the United States. The move comes amid a tightening, uncertain regulatory environment for crypto firms in the country. Dubbed…

What is the role of artificial intelligence in the financial services industry? AI is proving to be a powerful tool for financial institutions looking to improve their operations, manage risks, and optimize their portfolios more effectively. Artificial intelligence (AI) is playing an increasingly vital role in the financial services industry. Predictive analytics, which can assist financial…

Blockchain is reshaping the agricultural industry by increasing transparency, traceability and efficiency in supply chain management and compliance. Blockchain has been recognized for its potential to transform finance and other industries that rely on data, but what happens when innovation meets the world’s oldest industry — agriculture? It turns out that blockchain has a lot…

Crunchbase noted that while it has been a bearish start for Web3 start-up funding in 2023, “venture funding is down in almost every sector.” According to data from Crunchbase, venture capital (VC) funding into Web3 start-ups tanked 82% year-over-year (YoY), declining from $9.1 billion in Q1 2022 to $1.7 billion in Q1 2023. Crunchbase News…

Expect to see tokenized securities proliferate in the years ahead — along with heavy investments in Ethereum staking pools. Ethereum is often depicted as traditional finance’s adversary in a Manichean struggle for decentralization. In reality, there isn’t any conflict at all. Rather than subverting the traditional financial sector, Ethereum is improving it. Soon, the two…