Former Alameda Engineer Explains How SBF Stole His Savings
A former engineer at Alameda Research has come forward with claims on X that his entire life savings were stolen by Sam Bankman-Fried (SBF), his former boss. Aditya Baradwaj paints…
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DEX Aggregator 1inch Debuts on Coinbase’s Base Blockchain
Decentralized exchange aggregator 1inch announced expansion across the Coinbase-incubated layer-2 blockchain, Base. 1inch also mentioned that Base is poised to gain advantages from “Coinbase product integrations and convenient fiat onramps,”…
Will The Fed Raise Rates Again? Powell Remains Fixated On 2% Inflation Target
The likelihood of another Federal Reserve policy rate hike grew stronger on Friday after Fed Chairman Jerome Powell’s speech at the Jackson Hole Symposium. During the speech, Powell reiterated that…
Binance to Terminate Crypto Debit Cards for LatAm and Middle East Users Next Month
Binance, the world’s largest cryptocurrency exchange, announced the termination of its crypto debit cards for customers in the Latin America and Middle East regions from September 2023. According to a…
Stablecoin Pegged to the Colombian Peso Targets Multi-Billion Dollar Market
Although the lion’s share of the stablecoin market is occupied by USD-pegged assets – with a smaller subset of such pegged to the euro – companies all over the world…
Embattled Crypto Lender Vauld to Name a New CEO
Darshan Bathija – Chief Executive Officer of the cryptocurrency lending platform Vauld – revealed that the entity will implement several amendments, including appointing a new CEO. The bear market has…
Tether Releases August 2023 Token Reserve Breakdown
Stablecoin giant Tether has published another transparency report detailing the composition of its reserves, and the blockchains on which its tokens are issued. The report confirms that Tether has $3.3…
Tornado Cash Co-Founder Freed on Bail
Roman Storm – one of the co-founders of the crypto mixer Tornado Cash – is no longer detained, currently being out on bail. The US authorities arrested the individual earlier…
Another Change of Heart: The Dean of Valuation Now Says BTC is a Currency That Nobody Uses
Aswath Damodaran – professor of finance at Stern School of Business at New York University – has changed its tune on bitcoin (yet again), describing it this time as “the…
FTX, BlockFi Users Targeted in Phishing Scheme After Kroll’s Security Breach
FTX users are being targeted as a result of the security breach of its bankruptcy case claims agent, Kroll. The defunct crypto exchange stated that Kroll is currently in the…
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