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Crypto Exchange BitGet Starts $100M Asia-Focused Web3 Fund
10.4.2023
BitGet started its fund as more crypto projects seek non-U.S. jurisdictions
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says
10.4.2023
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as a political weapon by Washington, the introduction of currencies like...
Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered
10.4.2023
According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple...
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried
10.4.2023
A new report from the failed crypto exchange FTX’s current leadership says that former FTX US President Brett Harrison resigned last September partly because of a “protracted disagreement” with CEO Sam Bankman-Fried and members of his inner circle
Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...
RenQ Finance Presale Smashes Expectations, Raising in Total Over $5M and $200K in the Last 24 Hours
8.4.2023
PRESS RELEASE. RenQ Finance has recently announced the launch of the fourth stage of its fundraising plan on its official website, following the successful completion of stage 3. The project has already raised a total of $5 million in a short period of time since its launch. The latest update...
Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
8.4.2023
Gryphon sent $500,000 of Sphere 3D's bitcoin to an address pretending to be its CFO
Ethereum projects launch MEV Blocker to protect users from high prices: Finance Redefined
7.4.2023
The top 100 DeFi tokens had a mixed week in terms of price action, with the total value locked in DeFi protocols maintaining above $50 billion
Arbitrum-Based Camelot Crypto Exchange to Deploy V2 Upgrade Saturday
7.4.2023
The v2 upgrade will include a new concentrated liquidity automated market maker aimed at making trading for the Camelot ecosystem more efficient
Crypto Derivatives Exchange dYdX Ices Canadian Market
7.4.2023
The dYdX token, currently trading for $2.45 has slid over 5.4% in the last 24 hours
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say
7.4.2023
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes...
Euler Finance attack: How it happened, and what can be learned
7.4.2023
The Euler Finance exploit was the largest of Q1 2023, and the risk of a similar attack on other protocols remains
U.S. delivers 2023 DeFi Illicit Finance Risk Assessment
7.4.2023
The U.S. Treasury Department happened to have delivered the 2023 DeFi Illicit Finance Risk Assessment. This happens to be the very first of its kind in the whole world ever. It was carried out on the topic of decentralized finance (DeFi). Risk assessment is useful in protecting the U.S. financial...
U.S. Adds 236K Jobs in March Versus Forecasts for 239K
7.4.2023
Bitcoin rose/fell to $XX,XXX in the minutes following the report
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...
Peter Schiff on the Upcoming Gold Bull Market and Wall Street: ‘It Will Be Spectacular, Capitulation Will Be Epic’
7.4.2023
Peter Schiff, economist and known gold bug, believes that the current price uptick that gold is currently experiencing will extend in the future, surprising stock traders. Schiff stated that gold stocks were the new tech stocks and that Wall Street’s indifference regarding these would lead...
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
7.4.2023
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11...
Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
7.4.2023
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy
Venture Capital Bitkraft Raises $220.6M for Second 'Token Fund'
6.4.2023
The firm didn’t comment on whether the fund has a Web3 angle, but did outline their crypto investment strategy
US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto
6.4.2023
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.”...