In an 86-page report published on March 24. The United States Federal Reserve explained why it had rejected Custodia Bank’s membership application back in January. Among them, the bank’s crypto-related activities also finds a place. The report claims that the Fed’s board has expressed concerns about banks with business strategies
Despite technical difficulties, the Arbitrum team was able to successfully complete the airdrop on March 23. Nevertheless, the team now has to deal with the consequences of hacks and thefts on the platform’s users. Arbitrum’s official Discord channel has been hacked, as reported by several prominent members of the crypto
The strategy, which leverages decades of research on commodities pricing, seeks to mitigate contango for long-term investors by investing selectively in bitcoin futures across the entire futures curve SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, one of the world’s leading crypto asset managers, today announced the launch of the Bitwise Bitcoin Strategy
The DeFi ecosystem has once again become a haven for hackers, as lending protocol, Euler Finance was recently hit by a flash loan assault that resulted in a net loss of approximately $19 million. This was the largest heist of 2023 to date. Since the largest decentralized finance (DeFi) theft
Chainlink, a provider of blockchain data, recently unveiled a platform that will let programmers link data to smart contracts. Developers can connect their decentralized applications (dApps) or smart contracts to any Web2 API using Chainlink Functions, and then use the network’s highly secure and dependable platform to perform custom computations
Artificial Intelligence is the latest buzz in almost all sectors. With tech giants like Google and Microsoft investing millions of dollars in startups focusing on AI. The crypto sector won’t stay far away either. On Saturday, Justin Sun, Tron’s creator, announced plans for a decentralized payment structure built on the
CertiK, a blockchain security company, reckons it has identified at least one individual who has been related to the “Monkey Drainer” phishing scheme. A malicious actor going by the name “Monkey Drainer” has been using “ice phishing” to steal NFTs using smart contracts. The perpetrators of this phishing scheme have
The meeting hosted leading analysts from 650 Group and LightCounting as guest speakers giving member participants direct access to research, forecasting of industry growth and the impact of OIF’s work FREMONT, Calif.–(BUSINESS WIRE)–#650Group—OIF’s first Technical and MA&E Committees Meeting of the year kicked off a year-long celebration of OIF’s 25th
An organization called Kraken, not to be confused with the well-known cryptocurrency exchange of the same name, has hacked into Solaris, a major marketplace for narcotics and other illegal items. Solaris reportedly gained between 20% and 25% market share after authorities shut down Hydra, the prior leader in this sector,
Authorities in South Korea and elsewhere continue to look for Do Kwon, the controversial creator of Terraform Labs. South Korean authorities have allegedly stated that Terra’s founder was seen in Serbia. After departing Singapore a while ago, as was reported earlier this month. According to The Korea Economics Daily, South
