Libertarian Party has US presidential candidate — What’s his crypto platform?
Chase Oliver’s proposed running mate has a strong anti-CBDC platform, but the 38-year-old Libertarian Party nominee seems to have been largely silent on crypto.
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Crypto miner Poolin offers IOU tokens after suspending withdrawals
"Our priority, for the time being, is to resume withdrawals of as many coins/tokens as possible," said Poolin. 212 Total views 10 Total shares Poolin, one of the largest Bitcoin mining pools by hash rate, has announced it will be issuing IOU tokens in an effort to “minimize the impact of withdrawal suspension” for users. In…
CTFC commissioner proposes office focused on retail crypto investors
The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC. 159 Total views 5 Total shares Commodity Futures Trading Commissioner (CFTC) Caroline Pham has proposed the creation of an “Office of the Retail Advocate” aimed at expanding the CFTC's…
‘Two cops on the beat’: Regulator wants sole authority to charter fintech firms
The OCC’s acting head is pushing against the Consumer Financial Protection Bureau’s intention to charter non-depository fintech firms. 4060 Total views 15 Total shares Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency and former chief legal officer to Coinbase, has warned against the Consumer Financial Protection Bureau receiving…
Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank's customers to buy, sell and store cryptocurrencies directly through Nubank.Along with the launch of the new cryptocurrency transaction services, Nubank announced it will allocate roughly 1% of its net assets to Bitcoin (BTC) through…
Alameda Research lost $190M to scams and ‘questionable’ blockchains: Whistleblower
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link. 66 Total views 1 Total shares FTX’s sister hedge fund Alameda Research lost at least $190 million of its trading funds due to arguably avoidable scams, according to a former engineer at the firm. In an
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455K
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults. 411 Total views 1 Total shares A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability.Blockchain investigator PeckShield alerted about the hack on Arcadia Finance, highlighting the…
JPMorgan will get into Bitcoin ‘at some point’, says co-president
JPMorgan co-president Daniel Pinto said that the current demand “isn’t there yet” for the firm to get into Bitcoin, but he is sure that “it will be at some point.” 3808 Total views 19 Total shares Major U.S. investment bank JPMorgan Chase will eventually have to get involved in Bitcoin (BTC), co-president Daniel Pinto believes.The…