Author: Crypto Insider

Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country. A new draft bill providing a framework for stablecoins in the United States was published on the House of…

The AIP-1.05 was defeated by 118 million votes. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval. A controversial proposal seeking the return of 700 million ARB governance tokens to Arbitrum’s DAO Treasury was rejected by a massive number of votes on April 15. The Improvement Proposal AIP-1.05 was introduced after the Arbitrum…

Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021. When it comes to cryptocurrency-related cyberattacks, bad actors have seemingly reduced the use of traditional financial threats such as banking PC and mobile malware, and instead have shifted their focus to phishing. Russian cybersecurity and anti-virus…

The incident affected users who submitted a MetaMask customer service ticket between August 1, 2021 and February 10, 2023. The email addresses of some MetaMask users may have been exposed to a malicious party due to a recently discovered cyber-security incident. According to parent company ConsenSys, the incident affected users who submitted a customer support ticket to…

The green blockchain company revealed no details of the proposal; the new CEO said the IPO would probably occur next year. The Chia Network blockchain said April 14 that it had submitted a proposal for an initial public offering (IPO) to the United States Securities and Exchange Commission (SEC). The size and price range of…

To effectively address the scalability challenge, it is crucial that both L1 and L2 solutions work together. As of February 2023, over 44.15 million unique addresses have a non-zero balance of Bitcoin. While this may seem impressive, let’s face it — blockchain technology has come a long way since Bitcoin’s inception in 2009. However, as the…