Cryptocoins News / The Cointelegraph - 2 years ago
Euler is working with law enforcement agencies and blockchain security firms to contact the exploiter and recover the funds. Decentralized finance (DeFi) lending proto...
Cryptocoins News / Blockchain - 2 years ago
Euler Finance, an Ethereum-based noncustodial lending protocol, suffered a flash loan attack on March 13, resulting in the loss of millions in Dai, USD Coin, staked Ether, and wrapped Bitcoin. The attacker stole nearly $196 million in multiple transa...
Cryptocoins News / Blockchain - 2 years ago
Privacy-oriented blockchain platform Aztec is set to shut down Aztec Connect, its network's privacy infrastructure serving as the encryption layer for Ethereum. Aztec will no longer run a sequencer from March 2024, and the current system will no long...
Cryptocoins News / Blockchain - 2 years ago
Circle has partnered with Cross River Bank for USDC production and redemption, as well as expanded relationships with other banking partners like BNY Mellon. The USDC stablecoin recently experienced a peg-breaking incident but has since recovered. (R...
Cryptocoins News / Blockchain - 2 years ago
Okcoin has paused its U.S. dollar wire and ACH deposits due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars. The suspension extends to over-the-counter services, credit card transactions...
Cryptocoins News / The Cointelegraph - 2 years ago
JOMO is that “I-was-right-about-the-market” joyful feeling after narrowly escaping a bad trade and potentially catastrophic losses. JOMO stands for the joy of missing...
Cryptocoins News / The Cointelegraph - 2 years ago
The Stargate Foundation, in agreement with FTX liquidators, has advised the DAO that issuing the STG token could put its safety at risk and may violate the automatic stay....
Cryptocoins News / The Cointelegraph - 2 years ago
While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that taxpayers would ultimately suffer the depositors’ bailout....
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin lines up a fresh charge at multimonth resistance, but BTC price action already faces calls for a comedown triggered by CPI. Bitcoin (BTC) eyed key resistance n...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The US Justice Department is investigating the collapsed algorithmic stablecoin TerraUSD, thus raising the possibility of criminal charges against Terraform Labs and its CEO, Do Kwon, who were already <a href="https://www.financemagn...
Cryptocoins News / The Cointelegraph - 2 years ago
BTC’s market cap has climbed to the 11th spot among top assets by market cap, sitting behind electric vehicle maker Tesla. Despite a turbulent week for crypto followin...
Cryptocoins News / The Cointelegraph - 2 years ago
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar. The depegging of USD Coin (USDC) and Dai (DA...
Cryptocoins News / The Cointelegraph - 2 years ago
Dogecoin, Zcash and Litecoin have already patched the “critical” vulnerability, but hundreds of others may not have, risking billions’ worth of crypto. More than 280 b...
Cryptocoins News / The Cointelegraph - 2 years ago
The technology advisory committee aims to assist the CFTC in “identifying and understanding the impacts and implications of technological innovation in financial services and markets.”...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance has also had problems with its banking partner for United States dollar transfers over the last few months. Binance is scrambling to find a new service partne...
Cryptocoins News / CoinJournal - 2 years ago
Key takeaways Meta is ending support for NFTs on Instagram and Facebook. The company introduced the NFT feature roughly a year ago. Meta said it would focus on other ways to support businesses and creators. Meta’s NFT integration comes...
Cryptocoins News / The Cointelegraph - 2 years ago
Former CFTC Chair Christopher Giancarlo says that Anti-Money Laundering and Know Your Customer measures are both outdated and constitutionally questionable and that crypto technology coul...
Cryptocoins News / The Cointelegraph - 2 years ago
Federal Reserve chair Jerome Powell said a “careful and thoughtful” review is needed to understand how the bank collapsed under its watch. The Federal Reserve is inves...
Cryptocoins News / The Cointelegraph - 2 years ago
Regulators are planning another auction for Silicon Valley Bank after the previous attempt to find a new owner failed. Silicon Valley Bank (SVB) could be returning to...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin rallied today even after the Signature Bank news late last week. Financial advisor Douglas Boneparth is keeping bullish on blockchain. Crypto analyst Altcoin Sherpa shares his outlook for bitcoin price. Bitcoin rallied sharply on Monday eve...
Cryptocoins News / The Cointelegraph - 2 years ago
The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed to be hiding out in Serbia. The United States Justi...
Cryptocoins News / EthereumWorldNews - 2 years ago
he U.S. Department of Justice has launched a probe into the collapse of Do Kwon’s TerraUSD.& Authorities are reportedly looking at chats between Alameda Research, Jane Street, and Jump Trading.& Federal prosecutors are looking for signs of m...
Cryptocoins News / The Cointelegraph - 2 years ago
The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere. Big Tech firm Met...
Cryptocoins News / The Cointelegraph - 2 years ago
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank....
Cryptocoins News / The Cointelegraph - 2 years ago
Euler’s total value locked inside its smart contracts has dropped from over $311 million to $10.37 million since the exploit. Contagion from the March 13 flash loan at...
