Category: Cryptocurrency
A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved. In a rare comedic bungle among DeFi exploits, an attacker has fumbled their heist at the finish line leaving behind over $1 million in […]
The Australian Prudential Regulation Authority foresees enacting requirements for bank exposure, operational risk and stablecoins by 2025. 760 Total views 18 Total shares The Australian Prudential Regulation Authority, or APRA, published a letter to regulated entities Thursday setting out risk management expectations and a policy roadmap for the regulation of crypto-assets through 2025. “While activities […]
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. 403 Total views 24 Total shares Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or […]
A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year as a first for a major bank in Germany. 4830 Total views 136 Total shares One of the largest banking institutions in Germany has confirmed that it applied for a local crypto license earlier this year, […]
Binance CEO previously said that crypto exchanges must comply with sanctions in a similar way to traditional financial institutions. 2326 Total views 24 Total shares Binance, the world’s largest cryptocurrency exchange by volume, is adopting major restrictions on users in Russia following the European Union’s fifth package of sanctions against Russia. Binance officially announced Thursday […]
Things are looking up for the United States’ largest institutional Bitcoin (BTC) product by asset holdings. Data from on-chain monitoring resource Coinglass confirms that as of April 21, the Grayscale Bitcoin Trust (GBTC) is rebounding toward 2022 highs. Grayscale CEO: “‘If’ not ‘when’” for U.S. Bitcoin spot ETF After a problematic year so far, GBTC […]
There are a few ways for regulators to limit the usage of noncustodial wallets, but there is no way to ban it completely, SatoshiLabs CFO said. 2033 Total views 42 Total shares As regulators grow increasingly concerned about investors moving their cryptocurrency out of centralized exchanges, one industry exec has assessed the probability of a […]
The reported discussion between the two CEOs of the company happened in March last month, at a time when FTX requested CFTC to eliminate the role of brokers in product offerings. 184 Total views 6 Total shares Goldman Sachs is reportedly pursuing an alliance with one of the top cryptocurrency exchanges FTX. The chief executive […]
The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf but only a select few with over $500,000 on the platform will have access to the product. 1306 Total views 28 Total shares Bitcoin Suisse has begun offering decentralized finance (DeFi) services to its clients with the addition of […]
Crypto investors from the United States realized nearly $47 billion in gains during 2021, outpacing the UK by a factor of six. 115 Total views 9 Total shares Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains. […]