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Security Breach on Concentric Protocol: Understanding the Incident and the Consequences
The advanced financial management app, Concentric, encountered a breach due to a private key exploitation on the Arbitrum network. This unfortunate incident provides an…
Moonwell Faces Controversy Over Using Digital Asset Collateral to Offset Bad Debt
Moonwell's groundbreaking proposal to utilize $2.3 million in digital asset collateral to mitigate negative impacts on FRAX pools has sparked discussion and debate. This…
🌟 Argentina’s President Milei Supports Provincial Currencies: What Does It Mean for the Economy? 🌟
Javier Milei, the President of Argentina, has made a commitment to support the implementation of national currencies in each province, demonstrating a willingness to…
Genesis Global Trading, a company involved in cryptocurrency trading, has resolved a case with the New York Department of Financial Services (NYDFS). As part of the settlement, the company has agreed to pay a penalty of $8 million and has also surrendered
In a positive move, Genesis Global Trading has committed to paying an $8 million penalty to the NYDFS in order to resolve accusations of…
1inch DAO Partners with Legal Firm STORM Partners to Enhance Governance and Compliance
The DAO of 1inch, a DEX aggregator, has made a positive decision to hire permanent legal counsel from the prestigious Geneva-based Web3 solutions provider,…
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