Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks

AAVE, the governance token of the decentralized finance (DeFi) protocol Aave, experienced a 17% decline between July 30 and August 1, reaching the $62 level. While the $62 support has demonstrated its resilience, the current price of $64.40 is still 12% below the daily close on July 30. Investors are now questioning whether this movement signifies…

Want more crypto content? Cointelegraph’s new podcast section features four separate shows exploring a variety of impactful topics. 958 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTBored on a long drive? Want something to listen to while doing chores? Cointelegraph has something that your ears might enjoy:…

The EEA’s new guidelines aim to establish a standard for mitigating risks in DeFi protocols, which will benefit regulators, developers and users alike.

Most Germans have never heard of the digital euro and some who knew of it thought it was a cryptocurrency, a central bank survey found.

All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote. 913 Total views 6 Total shares President Joe Biden has tapped acting chairperson of the Commodity Futures Trading Commission (CFTC) Rostin Behnam to assume his position on a permanent basis and two others to fill vacant commissioner seats.In a Monday…

A Brazilian congressional committee has recommended local law enforcement move to indict Binance CEO Changpeng “CZ” and three other Binance executives following a probe into financial pyramid schemes in Brazil.On Oct. 10 the committee released a 500-page final report accusing Zhao and local Binance executives Daniel Mangabeira, Guilherme Haddad Nazar and Thiago Carvalho of fraudulent

Having just recently announced plans to close shop, Bitcoin payments facilitator Purse.io says it is now reconsidering due to “an incredible outpouring of support from the community.” 930 Total views 18 Total shares Having just recently announced plans to close shop, Bitcoin (BTC) payments facilitator Purse.io says it is now reconsidering due to “an incredible…

FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill. A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful recovery” that was meant for victims of FTX, according to the bankrupt crypto exchange. The United States tax authority

A recent report from Russia-based antivirus and cybersecurity firm Kaspersky Labs states that in the second quarter of 2018, cybercriminals stole over $2.3 million dollars via crypto scams. The report, entitled “Spam and phishing in Q2 2018,” notes so-called “crypto giveaways” as a pervasive example of phishing, wherein cybercriminals dupe individuals into giving up sensitive…