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Team Finance exploited for $14.5M during protocol migration despite contract audit
27.10.2022
Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector
Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months
22.10.2022
In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin...
Crypto Custodian Prime Trust Agrees to Return $17M in Tokens to Bankrupt Lender Celsius
20.10.2022
The assets will be sent to a designated Celsius wallet, and will await court orders about how they should be distributed
Mastercard to Help Banks Offer Crypto Trading — Executive Says Crypto Is on the ‘Cusp of Really Going Mainstream’
18.10.2022
Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. A Mastercard executive says that crypto...
Grayscale BTC Trust trades at a record 36.7% discount, but is it justified?
15.10.2022
Grayscale’s BTC trust trades at a 36.7% discount to their actual BTC holdings, and it’s possible that more than just the market-wide downtrend stands as the reason for the spread
Grayscale fires first salvo in case against SEC over Bitcoin ETF refusal
12.10.2022
The SEC must submit its brief by Nov. 9. After that, Grayscale will then submit a reply brief on Nov. 30 before both parties submit a final brief on Dec. 21
US DOC agency NIST explores security, safety, trust of stablecoins
8.10.2022
The National Institute of Standards and Technology (NIST) found that the top five coins that retained their peg represented 87 % of the total top 20 market capitalization
Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund
5.10.2022
Dalio's views on cryptocurrencies have evolved throughout his tenure at Bridgewater Associates
Grayscale Bitcoin Trust terminates material agreements with Genesis
4.10.2022
Genesis will no longer be involved in GBTC's main operations, but will still act as a liquidity provider
Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey
4.10.2022
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets — more confidence lost than in...
Shares in Grayscale's Bitcoin Trust Trade at 36% Discount to Fund's NAV
4.10.2022
The shares first slipped into discount in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe
Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis
3.10.2022
Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading
Billionaire Stan Druckenmiller Discusses Cryptocurrency Having ‘Big Role in a Renaissance’ — ‘People Aren’t Going to Trust Central Banks’
30.9.2022
Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a Renaissance because people just aren’t going to trust the central banks.” He added that he will be “stunned” if the U.S. isn’t in...
Trust Wallet Extends Support to .bnb Domain Name
28.9.2022
SPACE ID took .bnb Domain live two weeks ago. In a short time, it announced one of the major integrations through a blog post. The domain name has integrated with Trust Wallet to receive its support, allowing users to change their names and send funds with the .bnb name on the wallet. Trust Wallet...
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
26.9.2022
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund...
Does the US Government Have a Monopoly on Trust?
26.9.2022
The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?
24.9.2022
Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market
Trust Wallet Announces Integrating SWEAT Token
22.9.2022
Sweat Economy recently announced that Trust Wallet had integrated its SWEAT token. The move-to-earn platform allows users to send and receive SWEAT ERC-20 tokens on Trust Wallet. The news came from the official Sweat Twitter shortly after the launch of its largest ever airdrop. It has only been...
The crypto industry can trust Cynthia Lummis to get regulation right
19.9.2022
The senator has a proven track record when it comes to cryptocurrency and issues such as privacy rights. Her proposal to regulate the industry is one that crypto enthusiasts can get behind
3 barriers preventing Web3 mass adoption — Trust Wallet CEO
19.9.2022
Trust Wallet CEO says the current bear market could provide an opportunity for the Web3 industry to address consumer concerns before the next bull market