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March 10, 2023
Crypto exchanges are hacked surprisingly often. A few of the biggest crypto heists that occurred in the past few years are discussed in this article. How to avoid cryptocurrency scams? One of the best ways to protect your crypto investment is to secure a wallet and do your own research about the projects in the...
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The SEC said that ParagonCoin Limited violated securities laws for failing to file the required periodic reports. A crypto startup backed by the American rapper Jayceon Terrell Taylor, better known as “The Game,” had its registration revoked by the United States Securities and Exchange Commission (SEC) for violating securities laws after failing to file periodic...
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Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services. Thailand’s Securities and Exchange Commission (SEC) is preparing to hold a new public hearing on a potential ban on staking and lending services in the country. Thailand’s SEC officially announced on March 8 that the authority...
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The United States Department of Justice filed an appeal against an approval made by N.Y. just days before to allow a billion-dollar sale of assets from Voyager Digital to Binance.US. The United States Department of Justice (DOJ) has filed an appeal against the latest decision in the case for the selling of assets between Voyager...
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Hedera said the March 9 smart contract exploit has not impacted the network or its consensus layer. Hedera, the team behind distributed ledger Hedera Hashgraph, has confirmed a smart contract exploit on the Hedera Mainnet that has led to the theft of several liquidity pool tokens. Hedera said the attacker targeted liquidity pool tokens on...
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The Fed’s Vice Chair for Supervision emphasized that they do not want to curb innovation, but ensure that regulations protect households and the financial system. The United States Federal Reserve is set to create a “specialized team of experts” to keep up with developments in the cryptocurrency industry,  according to a Fed official, amid concerns...
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Dozens of Twitter accounts have emerged on Twitter claiming to be related to “CryptoGPT.” A Twitter hashtag relating to a purported artificial intelligence (AI) crypto token called “CryptoGPT” has been trending on Twitter. Alongside it, a number of very similar-looking Twitter accounts have also sprung up — some of which have been touting likely fake...
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Concerns have been raised around the financial health of the tech-focused bank, which services the likes of crypto-friendly VCs such as Sequoia and a16z. Fears have been heightened over the future of another United States bank this week after Silicon Valley Bank (SVB) announced a significant sale of assets and stocks aimed at raising additional...
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Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” Ethereum co-founder Vitalik Buterin’s latest salvo against “shitcoins” has ended up with him simply being sent more of it. Only days ago, the Ethereum developer made moves to sell over $700,000 of tokens previously airdropped to him, causing the price of these tokens to...
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Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington. United States Congressman Tom Emmer believes the launch of programmable central bank digital currency (CBDC) in the country could strip American citizens of their financial privacy. Speaking at the Cato Institute, a Washington DC-based libertarian think...
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