Kraken-CertiK $3M saga, zkSync airdrop wallets dumping tokens: Finance Redefined

The government of Brazil requested assistance from US authorities regarding a crypto fraud scheme called “Operation Egypto.” 1682 Total views 25 Total shares According to a Wednesday filing, the U.S. Justice Department seized $24 million in virtual currency pursuant to an official request from the Brazilian government.The Department of Justice, or DoJ, said that the…

Recently hacked crypto exchange Cryptopia has relaunched its website in a read only format, along with resuming user balances to its pre-hacked state, the exchange tweeted on March 5.Following last week’s announcement of a March 4 launch date, Cryptopia has slightly delayed the relaunch by providing the live website on Tuesday, March 5, one day…

Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan. 384 Total views 2 Total shares China’s central bank digital currency is expected to further exacerbate Macau’s declining gambling revenues.According to a Dec. 2 article from Bloomberg, junkets — Macau businesses…

The proposed stablecoin, the Satoshi Nakamoto Dollar, aims to be entirely free from any movements of USD, which require banking services. 189 Total views 3 Total shares Own this piece of history Collect this article as an NFTAmid the United States regulators increasingly scrutinizing stablecoins, the community continues to pitch new ideas of stablecoins independent…

Australian crypto entrepreneur and investor Fred Schebesta has described the Australian government's prioritization of token mapping as “wonderful,” but warns that rushing it could lead to detrimental effects on the economy.Schebesta's comments come after Australian Treasurer Jim Chalmers released a statement on Aug. 22 stating that the “treasury will prioritize token mapping work" in 2022…

Decentralized finance (DeFi) has seen tremendous growth since its inception, expanding by more than 1,200% in 2021 in total value locked (TVL) and surpassing $240 billion in invested assets. While DeFi has since dropped to around $60 billion TVL as a result of wider macroeconomic trends, such as rising inflation, the seeds are in place…