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Binance to reimburse users $1M for Cyber Earn incident

Crypto exchange Binance is refunding users 1 million Tether ($1 million) over its handling of the CyberConnect (CYBER) token incident.As narrated by the exchange on Sept. 7, a price discrepancy on listed CYBER tokens occurred the week prior due to a liquidity crunch constricting CYBER cross-chain bridges on Korean cryptocurrency

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Binance creates smart contract to refund users affected by $3M rug pull

Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull.According to a Sept. 6 announcement, users affected by the Xirtam rug pull can receive their money by connecting their wallets to Etherscan, passing a verification check and calling the claim function

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Base’s ‘Onchain Summer’ saw over 700K NFTs minted from 268K users in August

Base network’s “Onchain Summer” promotion in August resulted in over 700,000 non-fungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team.Coinbase launched Base, its Ethereum layer-2, on Aug. 9. To spur adoption, the network’s team implemented a month-long launch event. It partnered

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Onboarding crypto users in Africa vs. the West — Fonbnk founder Christian Duffus explains

The African continent is considered a significant market for crypto adoption due to its youthful population, flawed economic management by governments, and inadequate financial infrastructure for internal and global connectivity. On Episode 28 of Hashing It Out, host Elisha Owusu Akyaw is joined by Christian Duffus, founder of Fonbnk, to discuss

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Worldcoin signs up over 9K users in Argentina in a single day despite criticism

Human ID project Worldcoin signed up over 9,500 users in Argentina in a single day in August, setting a record for single-day sign-ups. To achieve this feat, facilitators onboarded participants at an average rate of less than nine seconds per person, according to an Aug. 31 announcement from the project.Argentina

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Social Media Platform Friend.tech Users Remain Mostly Active Even as Trading Volumes Drop 95%

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a

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