Regulation
Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says
Lax security practices seemed to be a feature of the former crypto trading titan. Source link
Regulation
Regulation
DeFi Protocol BarnBridge Prepares for SEC Action, Fines
The proposal includes provisions that would liquidate the treasury “and allow Ward and Murray to distribute the tokens,” although it does not say to whom. BarnBridge’s treasury sits above $200,000 in various cryptocurrencies according to […]
Regulation
Crypto Regulation Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick
The uncertainty over Scalise also keeps Rep. Patrick McHenry (R-N.C.), the stand-in speaker, from returning to his chairmanship of the House Financial Services Committee, which has been shepherding the leading crypto legislation in this session. […]
Regulation
Jim Cramer Doesn’t Know Bitcoin
The veteran blow-hard, former trader and CNBC host was talking about hedge investments at a time of inflation and economic turmoil. He told his audience that they would be better putting money into gold, the […]
Regulation
Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets
On-chain data suggests that USDR’s treasury was drained of liquid assets, leading to a run on the stablecoin. Source link
Regulation
Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining. Source link
Regulation
Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan
They then make on-chain deposits to a Bitcoin address, activating the contract and they start to exchange off-chain data, with the verifier able to take the prover’s deposit if any incorrect claim is made. This […]
Regulation
Caroline Ellison Starts Day 2 of Testimony Against FTX’s Sam Bankman-Fried
Over the course of her first day of testimony, Ellison walked the jury through how Bankman-Fried, despite naming her (and for a spell, Sam Trabucco) as CEO of Alameda, still largely retained control over the […]
Regulation
Tornado Cash Trading Volumes Nosedived 90% After U.S. Sanctions
While North Korean hackers have mostly moved to other Bitcoin mixers, some illicit use of Tornado Cash continues, a report from TRM Labs says. Source link
Regulation
JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays
“Onyx Digital Assets already enables clients to access intraday liquidity via repo transactions,” said Tyrone Lobban, JPMorgan’s Head of Onyx Digital Assets, in a statement. “Now with the launch of TCN, clients can benefit from […]