Penpie hacker launders 26% of $27M stolen funds in 12 hrs
The Penpie protocol hacker funneled $7 million through Tornado Cash within hours after stealing $27 million, highlighting DeFi security risks.
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ING Chief Economist: Libra Accelerating Central Banks’ Crypto Plans
The chief economist of Dutch multinational banking and financial services giant ING says that Facebook’s plan to launch a digital currency has put pressure on central banks to launch their own.In an article and video interview published on ING’s THINK portal on Sept. 27, Mark Cliffe said that there was “some urgency in the policy…

Bakkt, Technicals or Trump? 3 Theories on Bitcoin’s Sudden 13% Drop
Bitcoin (BTC) is down over 13% on the day, inviting competing interpretations as to what could have triggered the top coin’s downward turn.As of press time, Bitcoin is circling the $8,400 mark — signaling a hefty 17.8% loss on the week.Bitcoin 24-hour chart. Source: Coin360Is Bakkt to blame?Among the most popular theories among cryptocurrency commentators…

BlackRock's Bitcoin ETF registers second-ever outflow of $13.5M
BlackRock’s Bitcoin ETF has faced its second-ever day of outflows as the price of Bitcoin dipped below $59,000.

Indian town adopts Avalanche blockchain for tamper-proof land records
The district administration for a town in India has digitized all land records dating back to the 1950s and stored them on the Avalanche blockchain in a move toward transparent, tamper-proof land governance. On March 6, the Dantewada District Administration of Chhattisgarh, India, announced that it had digitized over 700,000 land records via the Office

Infrastructure bill can still be remedied: DeFi dev-turned Congress candidate
Matt West, DeFi developer by night and a Democratic candidate by day, believes there is still time to remedy the anti-crypto provisions of the U.S. Infrastructure Bill. 1359 Total views 12 Total shares The controversial U.S. infrastructure bill was signed into law by President Joe Biden this morning, with the legislation passing without amendments made…

Ethereum is becoming ultrasound money, ConsenSys founder says
“With $13 billion worth of Ether locked up in Ethereum 2.0 and $70 billion locked up in decentralized finance, we have enormous demand for the Ether token,” said ConsenSys founder Joe Lubin. 1870 Total views 5 Total shares ConsenSys founder and Ethereum (ETH) co-founder Joseph Lubin has implied that Ethereum is transitioning to “ultrasound money”…

OpenSea trading volume explodes 76,240% YTD amid NFT boom
Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021.DappRadar data shows that the total incoming value to OpenSea’s smart contracts increased to $56.07 million on Wednesday compared to $73,556 on Jan. 1. Meanwhile, the marketplace’s user count increased from 315 to 14,520 in the same period — a…

Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen in the largest single crypto theft.