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Euler Finance's offer to hacker: Keep $20M or face the law
15.3.2023
The hacker committed a $196 million flash loan attack on the Ethereum-based lending protocol on March 13
Euler Finance to Offer $1M Reward as It Reels From Nearly $200M Exploit
15.3.2023
Euler has sent multiple on-chain messages to the attacker in the past 48 hours
Crypto Must Do Better to Be Banked, Say Industry Executives
15.3.2023
The downfall of Silvergate, Signature and Silicon Valley banks have wounded digital assets. But crypto might one day work with big banks if the industry can mature, WAX CEO William Quigley and Maicon CEO Alex Liu suggested
Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator
15.3.2023
The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of Financial Services, the regulator that took possession of the troubled bank on Sunday. The financial watchdog insisted that its decision to put Signature Bank in receivership...
Blockchain Firm RockX Unveils Institutional Liquid Staking Platform
15.3.2023
Last month, liquid staking became the second-largest crypto sector when the total value of assets locked reached $14.1 billion
Crypto Platform Anchorage Digital Laying Off 20% of Its Staff: Bloomberg
14.3.2023
The firm said that U.S. regulatory uncertainty played a role in its decision
U.S. Treasury Poised to Release View on How DeFi Used in Illicit Finance
14.3.2023
The U.S. Treasury Department is close to releasing a risk assessment analyzing criminal use of decentralized finance (DeFi), according to Assistant Secretary for Terrorist Financing and Financial Crimes Elizabeth Rosenberg
Accounting Platform Cryptio Partners With Protocol Labs to Help Filecoin Miners Go Public
14.3.2023
Filecoin miners will be able to generate accounting reports needed to pass their public company accounting oversight board (PCAOB) financial audits
FIL Jumps 14% as Traders Await Filecoin Virtual Machine Upgrade
14.3.2023
FIL was lately trading at $7.22 ahead of an upgrade that will introduce several new features to the Filecoin network
Gibraltar's Xapo Bank Enables GBP Payments, Prepares USDC Option Amid U.S. Crypto Banking Crisis
14.3.2023
The retail-focused bank will be allowing users to make payments directly to and from ther U.K. accounts or wallets
Banking Crisis in U.S. Likely to Push Crypto Firms Offshore
14.3.2023
Coinbase Is Adding DeFi Apps Uniswap and Aave to Its Base Blockchain: Source
14.3.2023
A person familiar with the process said Uniswap would probably appear on Base in a couple of months
Finance Firm Nomura Predicts Fed Rate Cut and End of Tapering This Month – What Would This Mean for Crypto?
14.3.2023
Financial services giant Nomura now believes the Federal Reserve is done with interest rate hikes and that it could even cut rates at its meeting next week.
“In reaction to looming financial stability risks, we now expect the Fed to cut rates,” Nomura economists Aichi Amemiya and Jacob Meyer were...
ORBS Token Rises After DWF Labs Invests $10M
14.3.2023
The market maker has invested in the Orbs Network through a new token sale
U.K. Bank NatWest Limits Daily Crypto Payments to $1,200
14.3.2023
Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds over a 30-day period
U.S. Inflation Slowed to 6% in February; Bitcoin Breaks $26K
14.3.2023
The bitcoin price (BTC) rose to a nine-month high of $25,484 in the minutes following the report and then extended those gains
Asset Management Giants Blackstone, Apollo Eyeing SVB Assets: Bloomberg
14.3.2023
SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares
Former CEO of Troubled Crypto Firm Creates New Stablecoin – How Does it Work?
14.3.2023
Flex Yang, the former CEO and founder of Babel Finance, has introduced a new decentralized stablecoin backed by crypto-native reserves and an entire DeFi ecosystem built around it.
Yang claimed the Hope stablecoin blends centralized finance (CeFi), decentralized finance (DeFi) and traditional...
Protocols report exposure to the $197 million Euler Finance hack
14.3.2023
Some malicious players hacked Euler Finance to steal $197 million funds in total. The hack was carried out in four different transactions for $177 million, with two more attacks that added to the concern. This was first reported by BlockSec, a blockchain security firm, and then corroborated...
Euler Finance blocks vulnerable module, working on recovering funds
14.3.2023
Euler is currently working with law enforcement agencies and blockchain security firms, trying to contact the exploiter to recover the funds