Rain exchange attacker address starts laundering ETH through Tornado Cash
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures.
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80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?
The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST. 2708 Total views 35 Total shares The Luna saga continues. In a Twitter thread, the team behind the failed algorithmic stablecoin UST and the token LUNA shared precisely how much Bitcoin and…
CME Futures Partner Releases First Regulated Bitcoin Cash Futures
Cryptocurrency trading platform Crypto Facilities has added Bitcoin Cash (BCH) to its list of futures products, announcing in a press release that the product would go live at 4PM BST Friday, August 17. Crypto Facilities, which rose to prominence when it partnered with CME Group on its first-of-its kind Bitcoin futures in December 2017, said…
Bermuda Financial Regulator Releases Draft Regulation for Crypto Custodial Services
Bermuda’s financial regulator has released draft regulation for crypto custodial services, according to an official press release issued on Tuesday, Dec. 18.The Bermuda Monetary Authority’s (BMA) draft regulatory document, entitled “Digital Asset Custody Code of Practice,” seeks to clarify the regulator’s stance on crypto custodial services in Bermuda and to protect clients’ assets.The document provides…
Biden’s anemic crypto framework isn’t what we need
The long-awaited cryptocurrency regulation framework released by President Joe Biden’s Treasury Department this month attempted to outline a plan for managing the burgeoning crypto industry. Unfortunately, the department’s assessment failed to embody more substance than a mere mission statement.While Biden’s administration appears to be taking a “whole-of-government approach” toward overseeing the decentralized finance (DeFi) sector…
AT&T Seeks Dismissal of $200M in Damages for 2018 SIM-Swap Attack
AT&T is again seeking to have punitive damages claims of $200 million dismissed in an ongoing court case between the telecoms giant and crypto investor Michael Terpin — who asserts he lost $24 million in crypto as a result of AT&T’s negligence in 2018.In response to Terpin’s second amended complaint — filed with the court…
Updated Bitfinex Mobile App Now Includes Derivatives Trading Support
Cryptocurrency exchange Bitfinex has announced the latest updates and optimizations to its mobile app.New version features support for derivatives trading On Oct. 11, cryptocurrency trading platform Bitfinex presented the newest version of the Bitfinex mobile app, which includes derivatives trading support as well as in-app access to Bitfinex Reports 2.0.Version 3.19.3 of the Bitfinex mobile application…
The long arm of justice: How far can the DoJ really go in prosecuting foreign actors?
In early October, the U.S. Department of Justice revealed its Cryptocurrency Enforcement Framework, a report laying bare the government’s vision for emerging threats and enforcement strategies in the cryptocurrency space. The document is an important source of insight into how the laws governing digital finance will be soon implemented on the ground.One of the fundamental…
Memecoins and AI are pushing Gamefi out of the spotlight
Industry figures disagree on whether GameFi is having a good year as other aspects of Web3 hog the spotlight.