Cryptocurrency exchange Bittrex filed for bankruptcy on May 8, becoming the second largest platform for buying and selling coins to fail after FTX, amid a legal fight with a powerful regulator. The …
Why the FTX Collapse Was an Identity Problem
The romance with cryptocurrency is over. After years of growth and investment gains, things came tumbling down with the collapse of the FTX Trading exchange in November 2022. The carnage was …
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What Japan Could Teach The U.S.—And The World—About Regulating Crypto
More than a million investors around the world were left stranded when FTX suddenly collapsed in November with an astonishing hole, estimated at $8.7 billion, in its balance sheet. The cryptocurrency …
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On-chain Data Suggests Crypto Hacks and DeFi Exploits are on Course to Match Q1 Figures
More than $320 million was lost to bad actors within the crypto space in the first quarter of the year as per data compiled by smart contract security platform CertiK. The figure represented a …
DEUS Finance Stablecoin Hack Leads to $6 Million Loss
DeFi protocol DEUS Finance lost more than $6 million in a hack over the weekend which exploited a vulnerability in the stablecoin DEI, but a large chunk of it has now been recovered. According to …
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The Stifling of the U.S. Crypto Innovation Ecosystem has Begun – While the EU Takes the Lead Globally
Binaries fractures - individuals and institutions presented with a choice between different polarities instead of being able to align along a median - is a theme from the OODA Almanac …
Yuga Labs CEO Daniel Alegre’s Twitter Hacked: Red Carpet Welcome Or Nightmare Debut?
Daniel Alegre‘s account tweeted out a malicious mint link yesterday. The tweet read, “It’s almost time to enter the Otherside. Start your journey at [malicious link] before the portal closes.” …
Reports of Web3 and DeFi hacks surge during Q1 2023
Analysis from Naoris Protocol, a global cyber security firm, reveals there was a rise in the number of reported cyber security hacks on Web3 and DeFi in Q1 2023 compared to the same period in 2022 and …
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How AI and cryptocurrency can work together to realise Web3’s potential
Generative AI has been making headlines in the past few months with impressive breakthroughs and applications, such as AI-powered chatbot ChatGPT and image generators Stable Diffusion and Midjourney. …
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The Path Forward For Cryptocurrency
My own basic views on cryptocurrencies to this point have been the following. The advent of the blockchain and the supported cryptocurrency systems are almost undoubtedly transformative. The fact that …