DeFi protocol WDZD Swap exploited for $1.1M: CertiK
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Crypto exchange Bitfinex testing new AML compliance tool
Launched in production in 2020, Notabene’s Travel Rule solution now processes transactions between 50 crypto exchanges. 89 Total views 4 Total shares Cryptocurrency exchanges Bitfinex is preparing to test out a new Anti-Money Laundering (AML) tool on its platform.The firm announced Wednesday that it will be testing a new solution designed for complying with the…

Bitcoin sees worst monthly close in 2 years as traders watch $16.7K
Bitcoin (BTC) attempted to flip $17,000 to support on Dec. 1 after sealing its lowest monthly close in two years.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin gains inch up as November endData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $17,100 in a second intraday charge at higher levels. The pair managed to avoid…

US Legislators Reintroduce Token Taxonomy Act to Exclude Crypto From Securities Laws
Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security.The bill was initially proposed last December by Reps. Warren Davidson (R) and Darren Soto (D), and seeks to exclude…

NFT-optimized Palm Network to become a Polygon ZK Supernet
The Ethereum sidechain will transition to a proof-of-stake network this August and become a full-fledged layer 2 based on Polygon’s zero-knowledge protocol in 2024. 337 Total views 2 Total shares Nonfungible token-focused blockchain Palm Network is about to become a great deal more accessible to users, with plans to transition into being a customized Polygon…

Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility
Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9.Custodied on Figure’s blockchain platform Provenance.io, the new facility was closed along with major global investment banking firm Jefferies and multi-billion dollar financial services company WSFS Financial Corporation.According to…

Binance Holds $1B in ERC-20 Stablecoins
Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi.Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the global stablecoin exchange balance by Nansen.Huobi’s…

‘Negative’ Bitcoin daily chart means bulls must defend $29K — Peter Brandt
Bitcoin (BTC) needs to stay above $29,000 to preserve the bullish case in the short term, famous trader Peter Brandt has warned.In a tweet on July 1, Brandt, well known for his shrewd BTC price calls in recent years, warned that the onus was on bulls to show Bitcoin's strength.Brandt: Bitcoin daily performance "negative"BTC/USD lost…

Crypto Futures Volume Is Now At 50% of Spot Trading Volume
Crypto futures trading volume now reportedly amounts to nearly 50% of the value of spot trading on crypto markets, according to Bloomberg.13 exchanges analyzedCiting volume data from 13 major global crypto exchanges, Bloomberg reported on a massive growth of cryptocurrency futures markets Oct. 31.The analyzed exchanges include institutional digital asset platform Bakkt, the Chicago Mercantile…