Radiant Capital $58M hack an expensive ‘lesson’ for DeFi

Japan is one of the key countries in the crypto financial world, where the headquarter of Bitcoin.com is situated, the crypto exchange Mt. Gox was established, the Bitcoin’s creator Satoshi Nakamoto name comes from, and cryptocurrencies in general are legalized.But, what do we really know about the growing industry of cryptocurrencies in the Land of…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Tom Lee, managing partner and head of research at Fundstrat Global…

The Bank of Tanzania is waiting for the conclusion of its research into CBDCs before making a final decision on adoption. 73 Total views 2 Total shares Own this piece of history Collect this article as an NFTTanzania's central bank says it is still considering the introduction of a central bank digital currency (CBDC) but…

Crypto derivatives exchange BitMEX is implementing major changes to the weights of its indices later this month, according to an announcement published today, Nov. 1.The exchange says the update is a bid to ensure that users trade against a reference price that “more closely reflects the market consensus price of underlying assets.”New weightings and new…

Global retail giant Auchan is expanding TE-FOOD’s blockchain solution to improve the transparency of products’ history, U.S.-based news agency Cision PRWeb reports today, Dec. 4.The French retail group, which is reportedly the 13th largest food retailer globally with operations in 17 countries, has extended TE-FOOD’s FoodChain solution to five more countries.FoodChain is the international traceability…

According to the Department of Justice, Forsage employed smart contracts which were coded in ways consistent with a Ponzi scheme. 212 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury…

A trust has sued businessman, Brock Flagstad, over allegedly misappropriating over $2 million in funds that were purportedly designated for cryptocurrency trading.Despite Flagstad soliciting the funds for the purpose of digital asset trading, the James Streibich Revocable Trust accuses the businessman of siphoning money from the investment to fuel an exorbitant lifestyle involving private jets…

The former CEO of Systematic Alpha Management faces up to five years in prison for his role in a fraudulent scheme tied to crypto futures contracts. 160 Total views 5 Total shares The former CEO of a Miami-based investment firm has pled guilty to a conspiracy to commit commodities fraud involving crypto futures contracts and

The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle. 498 Total views 6 Total shares Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December…