Crypto News
Nobitex’s Source Code Released a Day After Hackers Steal Tokens Across Bitcoin, EVM, Ripple Networks
The pro-Israel hacker collective Gonjeshke Darande released the full source code of Iranian crypto exchange Nobitex, just a day after orchestrating a $100 million exploit across multiple blockchains as the war between the two countries nears the end of its first week.The move raised fresh concerns for users who have not yet withdrawn their assets from the platform because the code makes it extremely easy for nefarious actors to access and exploit.Israel attacked military and nuclear sites in Iran on Friday saying it had to take action to prevent its enemy, which has vowed to wipe the Jewish state off the map, attaining nuclear weapons. Iran responded with ballistic missile launches targeting the entire country, sending millions into shelters at...
Brazil’s Congress up in Arms Against ‘Flawed’ Cryptocurrency Tax Decree
The Provisional Measure issued by the Brazilian government to impose a flat fee on cryptocurrency income is being contested in Congress, as some believe it may exceed the executive’s jurisdiction on tax matters, thereby bypassing the institution’s mandate. Flat Cryptocurrency Tax Decree Contested in Brazilian Congress Cryptocurrency taxation is becoming a hot topic in Brazil,Source link
Gala Games Enhances Leaderboard Rewards and Introduces Affinity System
Gala Games increases leaderboard rewards and expands player ranks while introducing a new Affinity System to enhance gaming strategies. (Read More)Source link
France Rejects Bitcoin Mining Proposal
The French National Assembly has decided not to discuss the subject of bitcoin mining as a possible destination for the French energy surplus. The recently introduced amendment was rejected on procedural grounds, which means the measure’s intent was not fully discussed. National Assembly of France Dodges Bitcoin Mining Proposal for Now Bitcoin is now beingSource link
Return of Zero Interest Rate Policy as Swiss Central Bank Cuts Rates
A COVID-era feature that characterized the bull run in all corners of financial markets, including bitcoin BTC, has made a comeback in Switzerland, one of the most financial powerhouses of the world.The Swiss National Bank (SNB) cut its interest rate to zero on Thursday, to counter falling inflation, appreciating Swiss franc (CHF) and economic uncertainty caused by President Donald Trump’s trade war.The return to zero comes as tariffs threaten to deflate nations with trade surplus, such as Switzerland and China.The latest rate cut is bank’s sixth straight move since it started reducing borrowing costs in March 2024.The SNB’s return to zero may be a sign of things to come across Europe and other advanced nations. A broad based return to...