Crypto Exchange Bitrue Suffers $23 Million Hack
Singapore-based crypto exchange Bitrue has lost millions of U.S. dollars’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct…
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With BTC above $30K, MicroStrategy Is Back in the Green
MicroStrategy co-founder Michael Saylors bitcoin position is no longer underwater. With Bitcoin trading for roughly $30,200, and an average purchase price of $29,803 per bitcoin, Saylor is now officially in...
SushiSwap to Make Exploit Victims Whole
Victims of the SushiSwap exploit have a chance of getting their funds back, whether they were preemptively taken by white hat hackers, or stolen by malicious actors. Returning User Funds...
Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets
Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal…
‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the…
Binance to Shut Down its Australian Derivatives Services
Binances Australian financial services license is being terminated, meaning that Australian residents will no longer be able to open derivatives positions on the exchange. 104 Users Impacted Binance has its...
U.S. Treasury Misunderstands DeFi AML Compliance Requirements: Coin Center
The U.S. Treasury believes that DeFi protocols are de facto non-compliant with AML regulations. Coin Center issued a report challenging that notion. Responding to the Treasurys Claims The U.S. Treasury...
MicroStrategy’s Bitcoin Stack Reaches 140,000 BTC
MicroStrategy grew its bitcoin stack yet again. The company now holds 140,000 BTC, worth $3.9 billion at todays prices. An Extra 1,045 BTC Michael Saylor keeps adding to his Bitcoin...
Chatgpt Pretty Intelligent, Did Not Recommend Bitcoin, Peter Schiff Tweets
Economist Peter Schiff praised the artificial intelligence of the Chatgpt assistant for omitting bitcoin in a suggested “recession-proof” portfolio. The long-time gold proponent commented on a report claiming the chatbot…
Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an…
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