How the Peraire-Bueno brothers allegedly drained $25M from their MEV bots exploit
The Peraire-Bueno brothers have been charged with fraud in a first-ever MEV bot exploit case. Here is what the DOJ claims they did to pull it off.
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Crema Finance shuts liquidity protocol on Solana amid hack investigation
While awaiting Crema Finance’s report on the situation, the Crypto Twitter community took it to themselves to track down the hacker’s wallet and better understand the problem. 261 Total views 11 Total shares Crema Finance, a concentrated liquidity protocol over the Solana blockchain, announced the temporary suspension of its services owing to a successful exploit…

‘Poopcoin’: Korean professor uses bio-waste to mine crypto
Students in a South Korean college are earning crypto mined from the energy generated from their excrement. 955 Total views 6 Total shares “Shitcoin” may no longer be solely a term used to describe altcoin projects with questionable value propositions, as one South Korean university professor has taken the term to a more literal dimension.Cho…

House passes $1T infrastructure bill with crypto tax for Biden’s approval
The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage. The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President Joe Biden, would enforce new provisions in relation to crypto-tax reporting for all citizens.The…

Japanese financial giant SBI debuts Bitcoin lending service
SBI plans to add support for Ether and XRP lending in the near future. 2687 Total views 14 Total shares Japanese financial giant SBI Group is introducing a cryptocurrency lending service through its crypto-related subsidiary, SBI VC Trade.According to an official announcement on Nov. 24, the new crypto lending platform will allow users to lend…

Report: Analysts Identify Trail of Bitcoin Donations to Gaza’s Ruling Group Hamas
An Israeli blockchain intelligence firm claims to have identified proof of donations in Bitcoin (BTC) reaching Hamas, the de facto ruling authority of the Gaza Strip in Palestine. The development was reported by Israeli financial daily newspaper Globes Feb. 3.Globes reports that a BTC wallet address for receiving the funds was first published Jan. 31…

OKEx Lists Tron on Customer-to-Customer Trading Platform
Malta-based cryptocurrency exchange OKEx has began listing Tron (TRX) on its customer-to-customer (C2C) trading market, according to a press release shared with Cointelegraph on March 7.OKEx’s decentralized C2C trading platform enables users to trade digital assets directly with each other, much like a peer-to-peer (p2p) model. On the platform, users are able to place orders…

S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics
The ratings agency looked at five areas of interconnectedness between the crypto ecosystem and traditional finance; its lack of firm conclusions may be telling. 62 Total views 1 Total shares Rating provider S&P Global has examined the relationship between crypto assets and macroeconomics in a new report. Its conclusion is a firm “maybe” and the…

DeFi indexes crash despite strong fundamentals
Binance Futures’ DeFi Composite Index has lost half of its value since launching, while TokenSets’ DeFi Pulse Index is down by one-third. 1836 Total views 5 Total shares On August 28, Binance Futures launched its DeFi Composite Index, a basket of DeFi tokens that initially comprised 27% Chainlink (LINK) and 11% Aave (LEND) alongside nine…