API
Stands for Application Programming Interface, a software intermediary that helps two separate applications communicate with one another. They define methods of communication between various components.
Radiant Capital Suffers $4.5M Flash Loan Attack
Radiant Capital was hit by a $4.5M flash loan attack due to a known codebase rounding issue, leading to a temporary pause in their Arbitrum market operations.
China Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies
Chinese authorities have dismantled a $2.2 billion underground banking network that used cryptocurrencies to bypass financial controls, seizing $28,000 worth of digital currencies.
Court Freezes Over $1 Billion in Three Arrows Capital Assets
The British Virgin Islands court has imposed an asset freeze on Three Arrows Capital, highlighting the significant challenges and volatility in the cryptocurrency sector.
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, has secured a $14 million Series A financing round, aiming to expand its team and launch private funds for institutional investors.
OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand
OpenAI has suspended new ChatGPT Plus premium sign-ups due to high demand, following a DDoS attack at its first development conference. The platform has reached 100 million monthly users in two months.
Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping
The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.
Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI
Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.
US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.
Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia
Block Inc. invests AUD$3 million in First Australians Capital's new fund, supporting Indigenous businesses in Australia, aiming to empower entrepreneurs, foster economic growth, and create community wealth.
BondbloX Secures $6M in Series B Funding Led by Beacon Venture Capital
Singapore-based FinTech company BondEvalue has raised $6 million in a Series B funding round, led by Beacon Venture Capital and supported by MassMutual Ventures and Citigroup. The funding will expand BondbloX Bond Exchange, a distributed ledger technology that democratizes bond market access through fractional and full-size trading.