Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitrue Exchange Loses Crypto Assets Due to Hot Wallet Exploit Cryptocurrency exchange Bitrue announced Friday on Twitter it has…

Mastercard Launches NFTs to Support Emerging Musicians Through Web3 Technologies According to Mastercard, the payments giant has launched non-fungible tokens (NFTs) that grant access to the Mastercard Artist Accelerator program, designed to support emerging musicians. Developed in collaboration with Polygon, the NFT project highlights Mastercard’s intent to embrace Web3…

Ethereum moved above $2,000 on Thursday, as markets continue to react to the successful Shanghai update. The upgrade, which is also known as “Shapella,” took place late last night, enabling withdrawals on the blockchain. Bitcoin remained above $28,000. Bitcoin Bitcoin (BTC) continued to trade above the $30,000 mark on Thursday, as crypto markets remained buoyed by the latest U.S.

The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including the G7 public policy principle for retail CBDC,” said Japan’s Vice Minister of Finance for…