Liquid restaking protocol Bedrock suffers $2M exploit
Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.
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Crypto-collateralized loans may soon bring new investors to space
"Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,” said Jon Melton. 3510 Total views 19 Total shares Institutional investors will soon be able to receive Bitcoin-collateralized U.S. dollar loans through Silvergate Capital Corporation — the holding company of pro-crypto institution,…

Razer gaming incubator zVentures issues call for Web3 submissions
Gaming hardware giant Razer has issued a call for Web3 gaming submissions through its zVentures corporate venture capital arm. 249 Total views 1 Total shares Own this piece of history Collect this article as an NFTRazer, a U.S.-Singaporean consumer electronics company best known for its gaming hardware and peripherals, has sent out a call for…

Reputation DAO: Would you give up privacy for unsecured loans in DeFi?
The platform intends on leveraging users’ personal financial information such as credit score and AML/KYC to help reduce the collateral needed to take out a DeFi loan. 410 Total views 16 Total shares An ambitious new decentralized autonomous organization (DAO) has built a data service for lending platforms that records a user’s financial reputation to…

Peer-to-peer NFT sales surge as average purchase price increases 7X
The total lifetime NFT volume on the Ethereum blockchain alone has exceeded $120 million. 1114 Total views 12 Total shares Non-fungible tokens and digital collectibles have been selling like hotcakes over the past couple of months as volumes on peer-to-peer marketplaces surge.From NFTs representing NBA finals moments to crypto industry character cards, the total lifetime…

Small Bitcoin addresses plunge to 4-month low, but is this bearish?
The number of Bitcoin (BTC) addresses holding 1 BTC plummeted to a four-month low on Sep. 20, according to the data from Glassnode. But it is premature to suggest that it is a bearish sign for the top cryptocurrency.What caused the number of small Bitcoin addresses to sharply drop?The noticeable decline in small Bitcoin addresses…

Binance, CZ paid for defying financial, political status quo: Arthur Hayes
The explosive growth and success of Binance outside of the control of traditional financial and political establishments led to heavy-handed enforcement actions against the exchange, according to former BitMEX CEO Arthur Hayes. Hayes delved into the recent $4.3 billion settlement paid out by Binance in a lengthy Substack blog. This comes after the exchange and its

Bitcoin ATMs Face Tighter Regulations Over Money Laundering
The global regulatory landscape is tightening for crypto ATM operators. 2521 Total views 41 Total shares Experts predict that Bitcoin ATMs (BATMs) will face stricter regulations worldwide, with countries including Canada and Germany already moving to tighten up anti-money laundering requirements.A June 2 report from CipherTrace estimates that 74% of transactions made from U.S.-based Bitcoin…

Coinbase will drop law firms who hire anti-crypto former SEC staff — CEO
Coinbase CEO Brian Armstrong said the exchange stopped working with law firm Milbank after it hired former SEC official Gurbir Grewal.