Morpho secures $50M funding led by Ribbit Capital for onchain lending
Morpho Labs has raised $50 million from over 40 investors, including Ribbit Capital, which also invests in Revolut, NuBank, Coinbase, Robinhood, Mercado Libre, Figure, and Uniswap.
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Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally
Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on the sidelines. The recent rally to $25,000 shared many similarities with the 2019 bear market rally, which…

Researchers detect new malware targeting Kubernetes clusters to mine Monero
The malware campaign has not been active since it was first detected in January, leading researchers to believe that it "may still be in the reconnaissance and weaponization stage." 2827 Total views 15 Total shares Cybersecurity researchers at Unit 42, the intelligence team at Paolo Alto Networks, have published a profile of a new malware…

Coinbase Denies Report of $150M Acquisition of Tagomi Brokerage Firm
Coinbase, a major American cryptocurrency exchange and wallet service, has not acquired digital currency brokerage firm Tagomi.On Nov. 29, sources told CoinDesk that Coinbase acquired Tagomi for $150 million that morning, following purported negotiations between the firms last month. According to The Block, Tagomi’s lending and borrowing services made it a tempting target for an…

Blockchain regulation: Speedbumps, roadblocks and superhighways
The current state of blockchain innovation in the United States is a tale of two asset classes. On one hand, the Securities and Exchange Commission’s reluctance to embrace or endorse blockchain-based securities has ground the innovation in that sector to a crawl. On the other hand, regulators in the banking, money transmission and commodities spaces…

Swiss Association Issues New Common Standards for Crypto Custody
The Switzerland-based Capital Markets and Technology Association has published a common industry standard for the custody and management of digital assets. 666 Total views 7 Total shares The Switzerland-based Capital Markets and Technology Association (CMTA) has published a common industry standard for the custody and management of digital assets.Announced on April 30, CMTA’s “Digital Assets…

House Democrats want ethics probe on Trump over crypto projects
Democrat Representative Gerald Connolly said Donald Trump is unlikely to uphold a “single provision” of the Presidential Ethics Reform Act without intervention.

PwC Partners With Decentralized Lending Platform to Provide Expertise in Stablecoin Launch
“Big four” audit giant PricewaterhouseCoopers (PwC) has partnered with decentralized lending platform Cred to provide tech expertise in the launch of their USD-backed stablecoin, the company announced on Monday, October 8.In the announcement, the professional services firm claimed that the new partnership is designed in order to boost the current market of U.S. dollar-pegged cryptocurrencies…

‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week
The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%.