Cryptocurrency firms reeling from the epic collapse of FTX and its aftereffects received yet another unwelcome development on Sunday’s talk shows. Senator Sherrod Brown, chair of the Senate banking …
Web3 security opportunities and the lessons we must learn from Web2
Even though much of the initial hype around the crypto economy hinged on its use of blockchain technology, more and more people in the last couple of years (especially following the decentralized …
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30+ DeFi statistics 2022: how it is weathering the crypto storm
Decentralized Finance, commonly just referred to as DeFi, can be a confusing field for beginners trying to figure out how it relates to financial companies, fintech, blockchain technology, …
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BNB Plummets as Binance Auditor Mazars Halts Work With All Crypto Firms
Auditing firm Mazars Group has dropped cryptocurrency firms as clients, according to crypto exchange Binance. In a statement to Decrypt, Binance said that “Mazars has indicated that they will …
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Raydium is attacked, loses $2 million
Solana DeFi protocol Raydium has suffered an exploit, according to a statement from the developer. An initial investigation by the team has revealed that the attacker has taken over the exchange’s …
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FTX Investor Impact: Timeline of Realized Cryptocurrency Gains and Losses Shows FTX Hit Investor Wallets Less Than Previous Crises
Allow us to state the obvious: There’s been a lot of doom and gloom in conversations around cryptocurrency over the last month. This is warranted to an extent: FTX, one of the industry’s biggest and …
France Mulls Full-Licensing Regime for Crypto Firms Citing FTX Bankruptcy
France may compel crypto firms to get a full license to operate in the country after a lawmaker proposed aligning the country’s laws with incoming EU regulation. Hervé Maurey, a member of the Senate …
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Bipartisan Bill Aims to Prevent Money Laundering via Cryptocurrency Companies
Capitol Hill continued its pursuit to impose regulations on the digital asset market following the fall of prominent cryptocurrency trading platform FTX and the misuse of consumer assets, with Sens. …
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New York financial regulator issues cryptocurrency guidance for banks
The New York State Department of Financial Services (NYDFS) on Thursday issued digital asset guidance to state-regulated banks laying out what information financial institutions must submit before …
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Microsoft bans cryptocurrency mining on cloud services
Cloud computing giant Microsoft is taking measures to increase stability of its cloud services by forcing new restrictions for activities like cryptocurrency mining. Microsoft has quietly banned …
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