PLUTUS News The PLUTUS News Channel offers comprehensive coverage of all things related to PLUTUS and its various trading assets. It presents up-to-the-minute news, nuanced market analyses, trends, forecasts, and recent market changes. The latest two news from PLUTUS :
Texas State Securities Board Takes Enforcement Action Against Crypto Firm Abra and CEO Bill Barhydt – Whats Going On?,
Lodestar Finance exploited in flash loan attack
The Texas State Securities Board has issued an emergency cease-and-desist order against crypto lender Abra, claiming that it has been insolvent since at least March 31, 2023.
Arbitrum-based lending protocol Lodestar Finance was exploited in a flash loan attack on Dec. 10.
IOG CEO Charles Hoskinson described the upcoming smart contract launch as a “remarkable” achievement
Cardano has successfully deployed the Alonzo White hard fork, marking another step forward in the road towards smart contracts.
Decentralized finance is here to stay, but it is also the future of finance. Since the launch of the first dApp on the Ethereum blockchain, we have witnessed the rise of an open economy.
The site claims to repair "the broken relationship between hosts and guests created by existing centralized home-sharing platforms."
With smart contracts potentially only weeks away with the Alonso hard fork upgrade, there is bound to be a lot of interest and investment coming Cardanos way.
The update will allow developers to build smart contracts on the Cardano blockchain – A feature that will put it in direct competition with Ethereum.
According to Hill, DeFi on Cardano would see lower transaction fees as transactions between native tokens and assets do not incur execution fees, owing to the way they are deployed on-chain.
The Ergo Foundation, EMURGO, and IOHK have announced AgeUSD, a stablecoin protocol based on the Ergo blockchain. According to Roman Pellerin, the CTO of IOHK, the crypto-backed algorithmic stablecoin will also be available on Cardano once its smart contract functionality is unlocked.
South Korea: Upbit Investigated for Over 500,000 KYC Violations
MacBook Users with Intel Chips Urged to Update for Enhanced Security
Solana-Based Trading Terminal DEXX Hacked, Over $21M in User Losses
South Korea to Enforce 20% Crypto Tax in 2025 with Increased Exemption Limit