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Hedge funds would be required to report cryptocurrency exposure through a confidential filing under a new joint proposal considered by the Securities and Exchange Commission and the Commodity Futures Trading Commission.
The commissions want to learn more about the risks that cryptocurrency poses to ...
Quick Take
Tron's USDD stablecoin often draws parallels with the ill-fated TerraUSD system.
At least for the moment, however, USDD works more like an overcollateralized stablecoin.
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Injective, a DeFi-focused layer 1 blockchain, raised a $40 million round in a private token sale led by Jump Crypto.
Jump will also be acting as a market maker for Injective Pro, one of the ecosystem's decentralized apps (dApps), according to an announcement this morning.
BH Digital, the digital as...
According to data released on Wednesday, inflation in the US during July came in at 8.5%.
Wednesday’s Consumer Price Inflation (CPI) figures show inflation remained unchanged at 0.0% since June, however, it has increased 8.5% year-on-year. Today's figures come in below expectations and represent the...
News
10 Aug 2022
Solana wallet provider Phantom says its systems were uncompromised in $4 million hack
Web3 wallet firm Phantom clarified late on Tuesday that its systems were not compromised prior to a wallet exploit, in which hackers have so far drained $4.08 million from 9,230 wallets.
On Tuesday, Phantom said, after nearly a week-long investigation, security auditors have not uncovered any vulner...
The BitDAO community has voted in favor of a proposal to provide $20 million in funding to bootstrap a new decentralized autonomous organization called AfricaDAO.
BitDAO, formed in 2021, aims to promote global crypto adoption by providing grants to projects and also supporting web3-based research an...
Unstoppable Finance, a Berlin-based startup, secured a €12.5 million ($12.8 million) round led by Lightspeed Venture Partners to launch a non-custodial crypto wallet.
Other investors in the Series A round include Speedinvest, Rockaway Blockchain Fund, Backed VC, Inflection, Discovery Ventures, Fabri...
Curve Finance resolved a hack it suffered earlier today, the company said in a late-afternoon Twitter update.
The hack was discovered when a Paradigm researcher tweeted that Curve's front end had been compromised.
The Curve team was able to find and revert the hack, and issued a statement asking p...
Non-fungible token (NFT) marketplace Magic Eden has submitted a proposal to the ApeCoin DAO to build a marketplace where $APE holders can buy and sell NFTs for a 0.75% transaction fee.
Magic Eden claimed in a proposal posted Tuesday that the DAO was paying “obscene” fees to trade on an unnamed marke...
USD Coin (USDC) issuer Circle Internet Financial will only support the Ethereum proof-of-stake chain after the chain integrations, the company announced in a blog post on Tuesday.
The integration, dubbed The Merge, is expected to land in the third or fourth quarter of this year, with a soft deadlin...
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