Dogwifhat 10% drop could be ‘catastrophic,' but traders bet on bounce
The WIF meme coin is trading below what some believe is a concerning price level, but many traders are seemingly “betting on a WIF bounce.”
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Coin Center files lawsuit against US Treasury over Tornado Cash sanctions
The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.” 248 Total views 9 Total shares

Survivorship bias has led to an imbalance in the crypto ecosystem
With success comes a survivor bias ― the logical error of concentrating on people or things that made it past a selection process while overlooking those that did not ― as well as, potentially, a superiority complex ingrained in those who survived.This has led to a preponderance of financial products in crypto because of their…

Nym Technologies raises $13M to develop surveillance-evasion platform
The firm are expected to roll-out their mainnet product in the coming months. 33 Total views 1 Total shares European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures,…

Kyberswap comes to the rescue of hack victims, Platypus hacker walks free: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.Cointelegraph interviewed Velvet Capital’s CEO on the challenges facing DeFi and the key barriers it needs to overcome to go mainstream. Cosmos-based Umee and Osmosis merge to create

DeFi protocol BENQI hits $1B TVL days after launching
Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market. 106 Total views 2 Total shares Liquidity market protocol BENQI has reached $1 billion in total value locked, or TVL, less than a week after launching on the Avalanche (AVAX) network, a…

South Korean Court: Exchange Must Cover User’s Stolen Cryptocurrency
A South Korean court ruled on Sept. 25 that the CoinOne cryptocurrency exchange must reimburse 25 million won ($20,800) to an investor after he was hacked. The attacker used the investor’s personal login and password to steal 45 million won, while a daily withdrawal limit of 20 million won was supposed to be in place.Stolen…

Tom Lee, Speaker at the Upcoming Blockshow Asia: ‘Bitcoin is Preparing to Breakout’
Blockshow is announcing a new conference - Asia Blockchain Week, which will be hosted in Singapore from Nov. 27 until Dec. 1, 2018. The blockchain and cryptocurrency conference will attract over 100 of the top industry leaders and crypto influencers, and more than 2000 attendees, from over 50 countries. The venue for this event will…

No precedent: IRS court settlement doesn’t clarify crypto staking taxes
In May 2021, a Nashville couple known as the Jarretts filed a lawsuit against the United States Internal Revenue Service (IRS) over taxes they had paid on unclaimed and unsold Tezos (XTZ) staking rewards. At the beginning of February, news broke that the lawsuit filed by the Jarretts had come to an end, resulting in…