MakerDAO Partners With Coinbase to Become Largest Holder of USDC
On Oct. 24, Coinbase announced that MakerDAO governance had voted in favor of the proposal to custody $1.6 billion USDC with Coinbase Prime. This means that Coinbase has expanded its…
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Monitoring Crypto Whales: Korean Regulators With New Legislation (Report)
South Korea’s top monetary regulator – the Financial Service Commission (FSC) – thinks cryptocurrencies and stablecoins could facilitate money-laundering activities. As such, it will reportedly closely monitor the actions of…
The Crypto Industry is Not Decentralized: SEC Chairman
Gary Gensler – chairman of the Securities and Exchange Commission (SEC) – said on Monday that crypto markets are, ironically, not decentralized. The chairman argued that there is significant market…
10% of Women Choose Crypto as Their First Investment: Blockfi Survey
A survey conducted by BlockFi shows that female generation Z and millennials who are new to investments are willing to put their money in crypto before anything else. This October…
SEC Investigations Push Investors Toward Crypto: Study
The thorough analysis and several investigations that the US Securities and Exchange Commission (SEC) has launched on notorious crypto-related entities seem to be working out for the industry so far.…
Israel’s Stock Exchange to Launch Blockchain-Based Crypto Exchange
The Tel Aviv Stock Exchange (TASE) – Israel’s sole equity and debt marketplace – now plans to establish a blockchain and digital asset-based trading platform. The exchange will focus on…
FTX to Provide $6M for Phishing Victims, But There’s a Catch
The cryptocurrency platform FTX will distribute approximately $6 million to reimburse victims affected by a recent phishing attack. CEO Sam Bankman-Fried revealed this is a one-off decision, underlining that the…
Binance Reveals Getting Closer to Identify Hacker that Drained $570M
Binance is on the verge of uncovering the hacker(s) behind the $570 million exploit on its cross-chain bridge, BSC Token Hub, earlier this month. In a recent interview with CNBC’s…
Mango Markets Exploiter Launches Shitcoin to Abuse Bots, Warns Twitter Community
Last week, Mango Markets lost $115 million worth of crypto due to a “profitable trading strategy” employed by Avraham Eisenberg and his team. While technically an exploit of the Mango…
Bitcoin Hash Price at All-Time Lows Amidst Dismal Miner Profitability
While BTC has come down from a massive bear market dump to $19,000, its network hash rate has exploded to an all-time high. Bitcoin miners are currently earning the smallest…
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