Are stablecoins securities? Well, its not so simple, say lawyers
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage,...
Day: 12 February 2023
Wormhole hacker moves another $46M of stolen funds
The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets. The ill-gotten crypto from one of the industry’s...
Crypto, forex platform CEO pleads guilty to $248M fraud scheme
Eddy Alexandre, the CEO of the purported crypto trading platform EminiFX is facing as much as 10 years behind bars...
OneKey says it has fixed flaw that got its hardware wallet hacked in 1 second
Unciphered posted a video showing a “Massive critical vulnerability” in the OneKey Mini. The creators say it’s been patched and...
Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion. Blockstream...
Nexo shutters US Earn product a month after settling with regulators
The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators....
Blockchain tech still far from hitting the esport big leagues, says investor
Smaller-scale esports organizations have started using blockchain tech for distributing prize pools, but the tech is yet to be adopted...
Pantera Capital on Bitcoin: We’re in Next Bull Market Cycle
Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and “we’re in the next bull market cycle.” Dan...
Fed Governor Warns Crypto Prices Could Fall to Zero — Says ‘Don’t Expect Taxpayers to Socialize Your Losses’
U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point. “Please don’t...
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have...
Breaking: Paxos to face SEC lawsuit over Binance USD: Report
According to people familiar with the matter, the notice relates to Binance USD, which is being seen by the SEC...
Coinbase will ‘happily defend’ staking in US courts, says CEO
Coinbase executives claim that staking is not a security under the US Securities Act or Howey test. Crypto exchange Coinbase's...
Crypto bank Silvergate ranks as the second most-shorted stock on Wall Street
Over 72% of Silvergate Capital Corp stocks were shorted as of Jan. 31, shows FINRA's latest data. Crypto bank Silvergate...
MATIC, HBAR, LDO and BIT gather strength as Bitcoin price rebounds
BTC price could remain range-bound in the near term, but MATIC, HBAR, LDO and BIT could continue higher.
Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning
Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions...
