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Plus the FSB’s two most muscular members, the U.S and the EU, are now starting to act. They will likely want others to follow suit – to avoid crypto companies, as they see it, stealing their business by offshoring to less-regulated climes. (China, the G20’s other major economy, may well
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After a brief network suspension as the result of a
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“We saw that in the space with people who were thought to be trusted players,” Nichols said. “Three Arrows Capital was a darling of the hedge fund space ... though we saw things happening that were cause for question, a lot of people chose to ignore them. So if you
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Rumors of a significant hack on the BNB Chain were
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Bitcoin futures open interest is almost higher than ever, but
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Bitcoin (BTC) held $20,000 into Oct. 5 with trader targets still including a fresh high before rejection.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$21,000 upside target to precede new lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $20,470 on Bitstamp overnight before returning lower.The pair succeeded in maintaining the
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Transit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract. Following the revelation, Transit Swap issued an apology to the users while efforts to track down and recover the stolen funds are underway.“We are deeply sorry,” stated
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Crypto lending firm Nexo (NEXO) risks losing half of its valuation by the end of 2022 as doubts about its potential insolvency grow in the market.Is Nexo too centralized?For the unversed: eight U.S. states filed a cease-and-desist order against Nexo on Sep. 26, alleging that the firm offers unregistered securities
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The crypto industry is baring its teeth in long-fought battle over spot exchange-traded funds, getting set to issue a report critical of how the Securities and Exchange Commission has handled itself. Original Source
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Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September 1st, this being the second round of
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