OKEx Confirms $9 Million Clawback After ‘Enormous’ Bitcoin Future Fails

The new fund backs low-volatility insurances covering properties, trucking, aviation and workers compensation, excluding catastrophic risks at the start, Re CEO Karn Saroya said in an interview.Re targets to back $200 million in insurance premiums by the end of the year, with another $3 billion in the pipeline.The firm also raised $7 million in a

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Sage D. Young is a tech protocol reporter at CoinDesk. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE, ARB, PEOPLE, DOGE, OS, and HTR. Join the most important conversation in crypto and Web3…

Instances of cryptojacking malware have jumped more than 400 percent since last year, a new report finds. A collaborative group of cybersecurity researchers called the Cyber Threat Alliance (CTA) published the report Wednesday, detailing the various and repercussions from cryptojacking – the illicit practice of hijacking a user's computer to mine cryptocurrencies. Most notably, CTA…

Decentralized finance (DeFi) platform Raft lost some $3.3 million in ether (ETH) after being hacked Friday afternoon – but the attacker may have taken a loss on the heist.On-chain data shows that the attacker drained 1,577 ETH from Raft, then sent 1,570 ETH to a burn address – destroying most of the stolen assets and

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesBitcoin stood its ground above $43,000 during the European morning on Friday, maintaining gains of around 2% in the last 24 hours. The CoinDesk 20 Index

Polymarket bettors give a 55% chance that Biden will drop out of the Presidential race. Barack Obama has privately expressed concerns over Biden's campaign performance, according to the Washington Post The chance that President Biden drops out of the race for the White House hit an all-time high of 55% on Polymarket after former president

As DePINs revolutionize the way certain types of infrastructure are delivered, they face a significant hurdle in ensuring the integrity and reliability of their operations. The good news is that zero knowledge proofs (ZKPs) are emerging as a powerful solution. The Verification Challenge DePINs rely on numerous types of verification for their day-to-day functions. From

Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He…

Cryptocurrency casino Stake appears to have been targeted by a exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network following a "private key leak."Blockchain sleuth ZachXBT backed up Cyvers' claim, stating that $15.7 million had been drained on Ethereum and another $25.6 million had been lost across Polygon