Palantir surges 11% after deal to sell AI to US defense, intel agencies
Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community.
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Alchemix reports return of all stolen funds from Curve pools
The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd. 322 Total views 3 Total shares Lending platform Alchemix has announced the return of all stolen funds by the Curve finance hacker. The attack took place on July 30 and resulted in over…

Bitfinex DeFi Offshoot Burns $20M Tokens in Bid to Drive DEX Adoption
DeversiFi, the decentralized exchange (DEX) spin-off of former Bitfinex sister exchange Ethfinex, has burned $20 million worth of its governance and utility token, Nectar (NEC).According to a statement, March 30, this is designed to drive DEX adoption after large centralized exchanges struggled to cope during the recent cryptocurrency sell-off.Governance token switches to deflationary modelThe Nectar…

UK-Based Crypto Mining Firm Argo Upgrades Q2 2019 Forecast Due to Market Rally
London-based cryptocurrency mining firm Argo Blockchain has significantly upgraded its 2019 second quarter forecast in light of the crypto market upturn. The news was reported by Alliance finance and stock market news agency for London South East on June 3.Following news of Argo’s revised forecast, shares in the firm reportedly spiked 20% to 6.29 pence…

Brazilian fund manager and Nasdaq to launch world’s first Bitcoin ETF
Brazil’s Hashdex is teaming up with Nasdaq to bring the world’s first Bitcoin ETF to the Bermuda Stock Exchange. Regulated Brazilian fund manager Hashdex has inked a deal with Nasdaq to launch the world’s first crypto asset exchange-traded fund (ETF) on the Bermuda Stock Exchange.According to local media outlet Infomoney, the ‘Hashdex Nasdaq Crypto Index’…

FCA Keeps EPayments on Lockdown, Crypto Unlikely at Fault
On Feb. 11, ePayments Systems Ltd, a United Kingdom-regulated electronic money institution, suspended all online payment activity at the request of the Financial Conduct Authority, the local regulator. Upon “agreeing” with the watchdog, ePayments froze all of its customers’ accounts, blocked their prepaid cards, and banned new account openings “until remedial action has been undertaken…

How should DeFi be regulated? A European approach to decentralization
Decentralized finance, known as DeFi, is a new use of blockchain technology that is growing rapidly, with over $237 billion in value locked up in DeFi projects as of January 2022. Regulators are aware of this phenomenon and are beginning to act to regulate it. In this article, we briefly review the fundamentals and risks…

Crypto projects to unlock $2.6B in tokens in November
The most noteworthy token unlocks in November include Memecoin, Aptos, Arbitrum, Avalanche and Optimism.

Andreas Antonopoulos: “EARN IT Act Could Be Called: ‘F*ck You Zuckerberg'”
In a recent YouTube stream, Andreas Antolopoulos said that the controversial EARN IT Act might as well be called “Fuck you, Zuckerberg”.The bi-partisan bill was written by Lindsey Graham (R-SC) and Richard Blumenthal (D-CT), and if passed, it would:“Create incentives for companies to “earn” liability protection for violations of laws related to online child sexual…