Crypto Gains as Banks Collapse: Trezor Exec Says ‚Definitely Good‘ for Bitcoin
• The ongoing crisis of banks in the United States has many positive implications for Bitcoin, according to an executive at the hardware wallet firm Trezor. • Josef Tětek said…
Hacker Awakens After 647 Days, Shifts $3.3M in Crypto Funds
• A wallet associated with the $50 million exploit of Uranium Finance in April 2021 has suddenly moved funds to crypto mixer Tornado Cash after 647 days. • The same…
Crypto Lawyers Disagree With Gensler’s Claim That All Crypto Are Securities
• Crypto lawyers have rebutted Gary Gensler’s claims that all cryptocurrencies except Bitcoin are securities under the SEC’s jurisdiction. • Jake Chervinsky and Logan Bolinger argued that Gensler’s opinion is…
Secure Your DeFi Funds with Trustless Bridges: How They Can Help
• Blockchain bridges enable decentralized finance (DeFi) users to use the same tokens across multiple blockchains. • Recent hacks of cross-chain bridges have caused security concerns for DeFi users. •…
SEC Cryptocurrency Staking Ban: Crypto’s Nail in Coffin or Blessing in Disguise?
• The SEC recently enforced a ban on staking services for American users, resulting in Kraken agreeing to end its staking services and paying a $30 million fine. • Crypto…
US Institutional Investors Out-Trade Asian Retailers in Bitcoin’s Big Month
• Bitcoin experienced its second-strongest January in its history, rising nearly 40%. • There may be no single reason for BTC’s January price gain, but some suspect institutional investors. •…
SEC Probing Registered Investment Advisers Over Crypto Custody Rules
• The US Securities and Exchange Commission (SEC) is reportedly probing registered investment advisers over how they’ve offered crypto custody to their clients. • The SEC’s inquiry has been ongoing…
Uniswap and Circle Find Decentralized Foreign Exchange Protocols Could Reduce Cost of Remittances by 80%
• Researchers from Circle and Uniswap have found that decentralized foreign exchange (FX) protocols could reduce the cost of remittances by up to 80%. • The paper, titled “On-chain Foreign…
DeFi Dad: Exploring the Trustless Nature of Decentralized Finance
• In the fourth episode of Hashing It Out podcast series, Cointelegraph’s Elisha Owusu Akyaw discussed the evolution of decentralized finance (DeFi) with DeFi Dad, a DeFi educator and investor…
Crypto Illicit Transactions Reach Record High of $20.1 Billion in 2022
1. According to a report from Chainalysis, the total cryptocurrency value received by illicit addresses reached $20.1 billion in 2022. 2. This represents an all-time record, significantly transcending the 2020…