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Bitcoin Remains King While Crypto Hedge Funds Get Rekt
7.8.2023
Even though crypto hedge funds managed positive returns during the first half of 2023, bitcoin trounced them, according to a 21e6 Capital report
Hacker returns stolen funds after DeFi exploit, receives a bounty
7.8.2023
This week, an unexpected development regarding the hacker who seriously disrupted the DeFi system took place. They decided to return all of the money they had taken after being offered an incentive by the affected networks. This brings to an end a period that was very unsettling for those working...
Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment
7.8.2023
A public bounty is now open for finding the remaining funds with a $1.8 million reward
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...
Alchemix reports return of all stolen funds from Curve pools
5.8.2023
The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd
BTC hodlers outperformed crypto funds by 69% in H1 2023: 21e6 Capital AG
5.8.2023
21e6 Capital AG stated that crypto funds generally outperformed the price gains of BTC in previous bull runs, but ultimately suffered this year from having too much cash on hand and playing it safe
Crypto Investor HashKey Aims to Raise $100M for New Digital Assets Fund
4.8.2023
The liquid digital assets fund, regulated by the Hong Kong Securities and Futures Commission, will open for investments on Sept. 1
Curve hacker behind $61M heist begins returning funds
4.8.2023
A frontrunning miner extractable value (MEV) bot that had drained approximately $11 million worth Ether from the Curve protocol returned nearly all of it
Curve Price Prediction as CRV Rallies on Hopes Hacker Will Return Funds – Here’s Why CRV’s Outlook Remains Murky
4.8.2023
Curve (CRV), the native token of the Curve Finance decentralized exchange (DEX) and the governance token of the Curve DAO (decentralized autonomous organization) rallied 7% on Friday to $0.61 after a hacker who stole millions in funds from the exchange and other decentralized finance (DeFi)...
Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund
3.8.2023
The Born Ready venture studio will invest in early stage Web3 and metaverse projects
ETF Analysts: Spot Bitcoin ETF Approval Odds at 65% Amid Pressure From Blackrock
3.8.2023
According to James Seyffart and Eric Balchunas, two analysts specializing in exchange-traded funds (ETFs) at Bloomberg, the likelihood of a spot bitcoin ETF debut in the U.S. has surged to 65%. These analysts attribute this increase to “pressure from Blackrock and possibly Democrats,”...
HEX Plummets Over 40% After SEC Files Lawsuit Against Creator Richard Heart
2.8.2023
After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has lost 41.7% against the U.S. dollar and 35.8% over the past seven days. Uniswap...
Crypto Hedge Funds Will Shake Up the Industry: Crypto Long & Short
2.8.2023
There are hundreds of them already in crypto, and that’s likely to go up and catalyze the industry
SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’
30.7.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto, noting that crypto platforms often commingle funds...
Double Standards in Finance: SBF’s Legal Troubles Spark Concerns
29.7.2023
Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer...
Conic suffers two devastating attacks resulting in a loss of $4.2M in funds
27.7.2023
Conic Finance, a promising Layer 1 blockchain known for its “Play to Own” principle, has been hit by two severe attacks that have shaken the decentralized finance (DeFi) community. As a result of the first exploit, $3.3 million was drained from the ETH pool, and the second attack forced...
Private Banking Firm With $14B Assets Starts First Crypto Fund of Spain
26.7.2023
The fund will be accessible to professional investors only and will be audited by PwC
Stellar, Ripple and Solana-Based Investment Funds See AUM Spike in July
26.7.2023
The large gains began following Ripple’s partial court victory over the SEC in the middle of the month
Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth
26.7.2023
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a handle on inflation. Fed Raises Benchmark Bank...
Federal Reserve Hikes Fed Funds Rate by 25 Basis Points
26.7.2023
The move was fully anticipated by market participants who will now look to Chairman Jerome Powell’s imminent post-meeting press conference for clues about whether the central bank intends to continue tightening monetary policy