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Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’
11.11.2022
U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers and financial stability.” However, many...
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
3.11.2022
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s...
Celsius Network’s bungling showed why centralization can’t protect privacy
29.10.2022
Celsius’ bankruptcy proceedings resulted in 14,000 pages of customer data leaking to the public. The incident displayed the pitfalls of centralized finance
Cryptocurrency Scams: How to Spot & Protect Yourself Against Crypto Fraud
28.10.2022
Cryptocurrency is a new, exciting way to interact with money. However, scammers are looking to take advantage of people who don't know how to navigate this new and often complex world. Cryptocurrency scams have become the new fraud of choice for cybercriminals looking to make a quick buck.
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Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules
27.10.2022
Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore...
After Mango Market exploit, Compound pauses four tokens to protect against price manipulation
25.10.2022
Compound users can no longer use yearn finance (YFI), 0x (ZRX), basic attention token (BAT) or maker (MKR) tokens as collateral for loans
Compound Pauses YFI, ZRX, BAT and MKR Supply to Protect Against Potential Exploits
25.10.2022
Attackers have recently been exploiting DeFi protocols by manipulating thinly-traded tokens and eventually draining liquidity
NeftyBlocks Enters IBM Hyper Protect Accelerator
7.10.2022
NeftyBlocks announced the much-awaited news about the IBM Hyper Protect Accelerator program selection. It praised the individuals who showed support and devotion to their growth. NeftyBlocks is at another level after joining a community of global startups and technology experts. With the Village...
Crypto Prices Under Pressure – Here's 10 Ways to Protect Your Wealth From the Fed
21.9.2022
Crypto prices are telling us that there’s a storm brewing if it's not already here, so the sensible thing to do is to batten down the hatches.
But what exactly does that mean for market participants in the cryptocurrency space? What action can and should you take to preserve your wealth?...
Crypto Prices Under Pressure – Here's 10 Ways to Protect Your Wealth From the Fed
21.9.2022
Crypto prices are telling us that there’s a storm brewing if it's not already here, so the sensible thing to do is to batten down the hatches.
But what exactly does that mean for market participants in the cryptocurrency space? What action can and should you take to preserve your wealth?...
BNB Chain launches a new community-run security mechanism to protect users
20.9.2022
The AvengerDAO was developed in association with some of the leading blockchain security analytic firms and top DeFi projects in the crypto ecosystem
BNB Chain, Blockchain Security Firms Start AvengerDAO to Protect Users
20.9.2022
BNB Chain has come together with leading security audit firms to start AvengerDAO, a cybersecurity focussed DAO, to protect users
Global inflation mounts: How stablecoins are helping protect savings
16.9.2022
More people are using stablecoins to hedge against inflation, as they offer numerous benefits
Foreigners to Be Given Anonymous Entry Points to Digital Ruble, Russian Official Suggests
15.9.2022
Foreign nationals should be able to buy Russia’s upcoming digital ruble through entry points providing anonymity, according to a high-ranking member of the Russian parliament. The idea circulated in Moscow aims to protect these investors from Western sanctions. State Duma Deputy Proposes...
Sen. Lummis: My legislation would empower the SEC to protect consumers
8.9.2022
Lummis-Gillibrand would allow the SEC to figure out which cryptocurrencies fall under its regulatory purview, leaving the rest to the CFTC
Binance Aus ramping up measures to protect vulnerable users, says CEO
30.8.2022
The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities
Dubai issues crypto marketing rules to better protect investors
29.8.2022
Dubai's new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters in order to protect investors
Solana-Based Phantom Wallet Unveils 'Burn NFTs' to Protect Customers From Scams
18.8.2022
Solana (SOL)-based wallet provider Phantom has announced a new feature that will burn spam non-fungible tokens (NFTs) sent by scammers.
In an August 18 blog post, the Phantom team said that spam NFTs have evolved to be a practical way for bad actors looking to steal users’ funds....
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Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say
30.7.2022
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into...