Coinbase asks Congress to grant CFTC spot market authority
The crypto industry has been lobbying Congress to wrestle regulatory oversight of digital assets from the SEC to the CFTC.
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Crypto trader gets sandwich attacked in stablecoin swap, loses $215K
A crypto trader fell victim to a sandwich attack on March 12, losing over $215,000, and one industry pundit suspects they may have been attacked another five times on the same day. A crypto trader fell victim to a sandwich attack while making a $220,764 stablecoin transfer on March 12 — losing almost 98% of

U2’s manager signs deal to expand Bored Ape Yacht Club to movies, TV and music
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23yo Venezuelan allegedly steals $1m in BTC from clients after faked abduction
The 23-year-old is wanted by the police after allegedly faking his own kidnapping and stealing his clients' funds. 433 Total views 45 Total shares Venezuelan authorities are on the lookout for a scammer accused of disappearing with 23.66 Bitcoin (BTC) worth $1.15 million from his clients’ accounts after faking his own kidnapping.On Aug. 29th, Douglas…

Stellar expands reach in Latin America with $3M investment in Settle Network
The fourth investment of the year from the Stellar Development Foundation has gone into Settle Network, a Latin American stablecoin and payments provider. 1055 Total views 10 Total shares The Stellar Development Foundation has invested Settle Network, the largest digital assets settlement network in the Latin American region.It marks the fourth investment this year from…

California lawmakers push through controversial AI bill opposed by OpenAI
California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.

Arbitrum’s ARB token signifies the start of airdrop season — Here are 5 to look out for
Arbitrum developers announced an airdrop of its governance token, ARB, to eligible users and DAOs on the Ethereum Layer-2 platform. An average user received around 625 ARB tokens, which corresponds to around $625 to $1,250, according to pre-launch trading prices and popular estimations.The prospect of earning free money has instilled excitement around users looking to…

Warren’s alleged work with short-seller shows anti-crypto army heating up
What do progressive Democrats, Republican national security hawks and Wall Street traders have in common? They are all apparently enlisting in United States Senator Elizabeth Warren’s “anti-crypto army.” The progressive senator’s reported alliance with Marc Cohodes, a Wall Street short-seller who profited from the recent carnage at crypto banks, is the latest example. Crypto natives likely…

Security Is the Biggest Challenge for DeFi’s Continued Growth, Says Exec
The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth. 652 Total views 13 Total shares Richard Ma, the CEO and co-founder of the blockchain security startup Quantstamp, explained that decentralized finance has the potential to change our financial ecosystem but security remains a huge challenge.“We think…