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U.S. CPI Inflation Slows to 0.1% in May; Bitcoin Rises
13.6.2023
The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting
DeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned
13.6.2023
Sturdy Finance founder Sam Forman said the company will not pursue the issue any further if the hacker accepts the offer and returns the remaining funds
Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts, Bernstein Says
13.6.2023
The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said
Crypto Investing Platform Finblox Starts Offering Tokenized Treasury Yield With OpenEden
13.6.2023
Demand for tokenized versions of short-term U.S. government bonds has been increasing as crypto investors turn to real-world assets to earn returns on their investments
Investing Platform eToro to Delist Four Cryptocurrencies for U.S. Users Next Month
13.6.2023
eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities
Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack
12.6.2023
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum Worth Over $766K Siphoned From Sturdy Protocol...
BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock
12.6.2023
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities
Andreessen Horowitz's Crypto Arm to Establish London Office – Next Crypto Hub?
12.6.2023
Many US-based crypto firms have been keen on expansion moves amid heightened regulatory uncertainty in the United States.
The latest firm to announce its expansion plans is the crypto investment subsidiary of VC Andreessen Horowitz, a16z crypto.
The firm announced its plans to launch its first...
Polygon Takes Wraps Off Version 2.0
12.6.2023
The protocol calls the latest version “the value layer of the Internet.”
Potential Venus Protocol Liquidation Raises Concerns in BNB Community
12.6.2023
Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...
21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO
12.6.2023
While the product offers investors single-asset exposure to the liquid staking leader, the Switzerland-based firm classified this product as class 7 risk, the highest level
Cardano Developer IOG Restructures to Venture Studio Model, Lays Off Some Staff
12.6.2023
The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model
DeFi Protocol Maverick Raises $9M Led by Peter Thiel's Founders Fund
12.6.2023
The round was led by Founders Fund and included contributions from Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto
Crypto Storage Firm Censo Offers Institutions Mobile Phone-Enabled Self Custody
12.6.2023
Censo is the latest in a crop of cheap, open-source options for organizations looking to store digital assets
Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan
12.6.2023
Curve Finance founder Michael Egorov has deposited $24 million worth of Curve DAO (CRV) tokens to decentralized lending platform Aave to mitigate against liquidation risk on a $65 million stablecoin loan
A16z Chooses London as Destination for First Office Outside U.S.
12.6.2023
The venture capital firm plans to use the office, which will open later this year, to fund growth in the crypto and startup ecosystems in the U.K. and Europe
Attacker drains $800K from DeFi protocol Sturdy Finance
12.6.2023
The lending platform responded by pausing all markets and assuring its community that no additional funds were at risk
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
12.6.2023
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the launch of the protocol and expand its workforce
Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion
10.6.2023
The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also affected the decentralized finance (defi) sector, with the total value locked...
Russia’s Largest Bank to Allow Retail Investors to Trade Digital Assets
10.6.2023
Majority state-owned lender Sberbank is preparing to allow Russian citizens to buy and sell digital assets. Private individuals will be provided access to its proprietary blockchain platform as early as this month, a top executive of the bank announced. Sberbank to Open Digital Assets Platform...