Friday, April 4, 2025
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Sen. Warren urges Treasury Secretary Yellen to combat rising crypto threats

Senator Elizabeth Warren, a Democrat from Massachusetts, has called on United States Treasury Secretary Janet Yellen and other regulators to develop a “comprehensive and coordinated” framework for addressing risks in the cryptocurrency market. In a letter addressed to Yellen, the Democratic senator said the Financial Stability Oversight Council, also known as

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Blockchain Bites: OKEx Freezes Withdrawals, DeFi Audits Queue, Nigeria Urges Crypto Adoption

OKEx has frozen withdrawals, audit firms are experiencing a backlog of DeFi projects and the Trump administration is examining DLT for national defense.Top shelfAudit (back)logsCrypto code audit firms say they are swamped with decentralized finance (DeFi) projects. Three of the most well-regarded auditors in the space – OpenZeppelin, Quantstamp and Trail of

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Big Pharma Urges FDA to Use Blockchain for Drug Tracking

25 leading pharmaceutical manufacturers, distributors, logistic partners, and other representatives of the pharma supply chain have published a report arguing in favor of adopting blockchain technology to track and trace prescription drugs after completing a pilot program with the US Food and Drug Administration.During early 2019, the FDA began

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G20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies

Finance ministers and central bankers from the G20 are pushing for wider adoption of standards that compel cryptocurrency exchanges to disclose user information.Following a summit in the Saudi-Arabian capital Riyadh over the weekend, representatives from G20 financial institutions pressed countries that have not done so already to align themselves with

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Crypto Exchange Poloniex Urges Users to Reset Passwords After Data Leak

Poloniex, a digital asset exchange based in the US, has notified its users that they need to reset their passwords for their accounts on the exchange.Poloniex initially sent users individual emails regarding the password and account security reset but after one of the crypto exchange’s customers posted on Twitter a

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