by Shaurya Malwa

Over 6,000 Coinbase users saw their drained last week as hackers exploited an authentication bug to bypass the company’s SMS security feature, tech publication Bleeping Computer reported.

Read the full story here ➡️

More news ⏬

Nigeria suspends launch of ambitious e-naira project

The apex bank of Nigeria has announced the postponement of the launch of the country’s CBDC project, eNaira.

2 min read →

Theta Network’s (THETA) new API service brings Web3 video to any app

Next-generation blockchain live streaming pioneer Theta Labs has released “Theta Video API” a  new product for developers that allows them to add a decentralized video to any website or application without any central servers, content delivery, or video hosting software.

3 min read →

How do the recent U.S. treasury sanctions impact crypto accessibility?

On September 21, the US Treasury Department announced that it will sanction a crypto exchange for its role in facilitating financial transactions for ransomware actors.

4 min read →

How statechains are revolutionary for Bitcoin privacy and scalability

In most cases, the differing substrates of a blockchain impose limits on what techniques are available to engineers building these novel systems.

5 min read →

NFTs for photographers: A beginner’s guide

As NFTs grow in popularity, they are looking to completely reshape the digital photography world—and artists need to be able to keep up.

3 min read →

The crypto market is bigger than ever, and so is the crypto derivatives market

Thanks to heightened visibility, public endorsement from public figures such as Elon Musk, among others, and some impressive bull runs, cryptocurrency is more popular than ever.

2 min read →

Crypto and God: Mississippi church provides Bitcoin, Ethereum, and others as giving option

Last Sunday, Back Bay church in St Martin, Mississippi, became the first known Southern Baptist church to offer cryptocurrency as a giving method, according to Baptist Press.

2 min read →

A gold-backed stablecoin will be launching on Cardano

During a crypto summit held by British financial newspaper City A.M., decentralized finance (DeFi) liquidity protocol MELD has announced a three-way partnership with Tingo Holdings, Nigeria’s largest mobile network, and Ubuntu Tribe, an ethical crypto company that tokenises natural resources.

2 min read →

U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says

Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies.  According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws.

2 min read →

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Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.