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Author: Jody McDonald

Consensys, MetaMask’s Parent Company, Prepares for IPO with Wall Street Giants

Consensys, the company behind the popular Ethereum-based wallet MetaMask, is planning an initial public offering (IPO), according to a Wednesday report from Axios. The firm has reportedly enlisted the help of JPMorgan and Goldman Sachs to assist with the IPO. Consensys’ decision to go public follows a swathe of recent IPOs by other crypto-related firms

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Abracadabra Exploit Drains $1.8M in MIM Stablecoin, DAO Says Issue Contained

A security flaw on the Abracadabra DeFi lending platform allowed a hacker to steal around US$1.8 million (AU$2.7m) worth of the protocol’s stablecoin, Magic Internet Money (MIM), on Saturday.  Abracadabra said no user funds were lost, and it had fixed the vulnerability, and mitigated the “relatively small impact” of the attack by using treasury funds

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Polymarket Wins CFTC Greenlight to Launch US Platform

Blockchain-based ‘prediction market’ Polymarket, which exploded in popularity during last year’s US presidential election, has been cleared by the Commodity and Futures Trading Commission (CFTC) to relaunch its US operations. The CFTC’s Division of Market Oversight and the Division of Clearing and Risk green-lit Polymarket’s return to the US in a no-action letter dated September

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Alchemy Pay Comes to Australia with PayID Integration and AUSTRAC Approval

Singapore-based cryptocurrency payments solution provider, Alchemy Pay, has integrated PayID — Australia’s interbank real-time payments system — into its network, providing a new fiat-to-crypto off-ramp option for Aussie crypto investors. Alchemy Pay’s integration of PayID follows its January registration with AUSTRAC as a Digital Currency Exchange Provider (DCEP) which enabled it to “compliantly offer fiat-crypto

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