Author: Crypto Insider

Crypto firms should never carelessly trust their engineers to upload code without an external review first, says JP Richardson, CEO of the self-custodial crypto platform Exodus. He argued that this is essential to stop bad actors, who are becoming more sophisticated in tricking crypto firms into giving them jobs, from uploading malicious code to the…

Australian energy tech company Powerledger has announced its expansion into the Solana ecosystem, claiming it shares common values with the blockchain network amid wider interest in Regenerative Finance (ReFi). “At the heart of both Powerledger and Solana is a shared vision of innovation, sustainability and transparency — values that are becoming increasingly critical as the…

Coinbase’s country director for Singapore, Hassan Ahmed, recently announced plans to bring Coinbase’s new “cbBTC” — a wrapped Bitcoin asset — to the Solana network at the Breakpoint 2024 event. No date was specified for the launch of the Bitcoin token during the announcement. Ahmed told the audience: “We recently launched cbBTC on base, but…

BingX — a popular cryptocurrency exchange — has announced that withdrawal services on the platform will resume on Sept. 21, 2024, for certain digital assets. According to the exchange’s announcement, withdrawals for Tether’s US dollar stablecoin, Circle’s US dollar stablecoin, Bitcoin, Ethereum, Tron, and Solana will resume first followed by withdrawal services for other tokens and…

Tether’s lack of third-party audits is raising investor concerns about a potential FTX-like liquidity crisis from the $118 billion stablecoin giant. Investor concerns are mounting around Tether, the issuer of the world’s largest stablecoin USD₮. Cyber Capital founder Justin Bons, who shared his concerns about Tether being a potentially bigger scam than FTX, catalyzed the…

Singapore-based cryptocurrency exchange Crypto.com continues to grow its presence in the MENA region with the receipt of a full payment service provider license from the Central Bank of Bahrain (CBB). The license will permit the cryptocurrency exchange’s local subsidiary to offer e-money and fiat services, including the issuance of prepaid cards, throughout the Gulf Cooperation…