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Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds


Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker...

Canadian Public Company Dumps Ethereum and Monero for Bitcoin


A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings,...

ECB Executive Board Member on European Payments in the Digital Age


Speech by Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), at the ECB Conference "A new horizon for pan-European payments and digital euro." Frankfurt am Main, 22 October 2020. ______ Key points: An uncontrolled change in the payments landscape...

Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities


A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency...

Crypto for Congress: Bitcoin Sent to All Congress Members’ Campaigns


The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto Representatives Darren Soto and Tom Emmer....

Pundi X is Now a Member of VerifyVASP Alliance


The increasing popularity of digital assets has made it mandatory for organizations operating in the category to comply with Travel Rule laid out by the Financial Action Task Force (FATF). According to the latest news, Pundi X, a virtual asset provider (VASP), has joined the VerifyVASP Alliance...

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