Author: Oluwapelumi Adejumo

Global digital asset investment products saw their inflows hit a three-month high of $2.2 billion last week — the largest weekly inflow since July— amid optimism surrounding the upcoming US elections, according to CoinShares’ latest weekly report. James Butterfill, Head of Research at CoinShares, attributed the surge to expectations from betting markets that the Republican

Tether, the company behind the USDT stablecoin, has announced that approximately 330 million on-chain wallets and accounts had received the digital asset as of the end of Q3 2024. These accounts and wallets are a critical measure of user engagement. In the first-ever Tether Insight report…

DeFi protocol DeltaPrime has suffered a $6 million exploit, according to blockchain security firm Cyvers. In a Sept. 16 post on X, Cyvers revealed that the breach stemmed from a compromised “admin key.” The firm’s CTO, Meir Dolev, explained to CryptoSlate that : “[The] hacker took control of the wallet which is the admin of

Kraken has requested a jury trial in response to the US Securities and Exchange Commission’s (SEC) lawsuit, according to a Sept. 12 court filing. The move comes after a federal judge rejected Kraken’s bid to dismiss the case, which centers on claims that the platform operated an unregistered securities exchange…

The Qatar Financial Centre (QFC) in Doha has invited local and international companies to apply for licenses to operate as token service providers under its newly introduced regulatory framework. On Sept. 1, the Qatar Financial Centre Authority (QFCA) and the Qatar Financial Centre Regulatory Authority (QFCRA) launched the QFC Digital Assets Framework 2024…