Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,”...
Day: 1 February 2023
Bithumb owner arrested in South Korea over alleged embezzlement
The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested. The suspected...
72% of institutional traders are crypto-skeptical this year: JPMorgan
The seventh edition of JPMorgan's e-Trading Edit asked 835 institutional traders about their plans for trading digital assets in 2023,...
Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setback
During a Q4 earnings call on Feb. 1, Mark Zuckerberg said he saw no reason to deviate from their long-term...
Crypto market cap jumps $40B as Fed chair Powell hints at ‘disinflation’
While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to...
London Crowned World’s Leading Cryptocurrency Hub, According to Study
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The...
Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation
The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its...
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100%...
BonqDAO protocol suffers $120M loss after oracle hack
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million...
Ethereum’s Shanghai fork is coming — but it doesn’t mean investors should dump ETH
Ethereum’s Shanghai upgrade is tentatively set for March, which means approximately 14% of ETH supply will unlock in the year...
Judge dismisses proposed class-action suit alleging Coinbase securities sales
The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based...
New FTX documentary to spotlight SBF-CZ relationship
The documentary will examine the dynamic relationship between Sam Bankman-Fried and Binance founder Changpeng Zhao. The FTX saga and the...
Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry
BTC bulls are positioned to win this week’s $1 billion options expiry, but the market’s post-FOMC reaction could alter their...
MakerDAO launches $5M legal defense fund
At its inception, the defense fund will receive a budget of $5 million held in the DAI stablecoin.
US Treasury lists BTC, ETH addresses tied to Russian sanctions evasion group
The government department said it would impose “full blocking sanctions” on Jonatan Zimenkov and his crypto addresses due to his...
