Rho Markets returns online with no funds lost after $8M Oracle issue
The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit.
Related Posts
Congress will likely decide the fate of crypto jurisdiction: Lummis staffer
U.S. Congress will need to step in to decide who gets crypto regulation bragging rights if the SEC and CFTC cannot resolve the issue internally. 185 Total views 6 Total shares A United States Senator Cynthia Lummis staffer believes that U.S. Congress will have to step in and resolve the dispute between the Securities and…
94% of all Bitcoin in profit hints that $69K BTC price was a local top
Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.
Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin.
Coinbase to Pursue Decentralized Form of Identification Following Acquisition
Cryptocurrency exchange and wallet service Coinbase has acquired San Francisco-based startup Distributed Systems Inc., which works on decentralized identity solutions, according to an August 15 announcement. In the blog post, B Byrne, project manager for Identity at Coinbase, said Distributed Systems will help the exchange work on new ways to validate and verify identity within its…
New institutional player — MassMutual purchases $100M Bitcoin
The company reportedly hopes to achieve "measured yet meaningful exposure to a growing economic aspect of our increasingly digital world." 2478 Total views 5 Total shares Massachusetts-based insurance firm MassMutual just announced that it has purchased $100 million in Bitcoin for its general investment account.According to a report from The Wall Street Journal, the company…
Alameda Research leads $35M fund raise for crypto trading app Stacked
Launched in April 2020, Stacked is a web-based app allowing users to access trading strategies via pre-built stacks. 148 Total views 24 Total shares Alameda Research, a cryptocurrency trading firm founded by crypto billionaire Sam Bankman-Fried, has led a $35 million investment in the automated crypto trading app Stacked.On Dec. 9, the startup officially announced…
CoinDCX’s Okto wallet secures operational license in UAE free zone
Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
Blockchain Is the Leading Agent in Our Advance Toward Industry 4.0
Digital technologies are entering every aspect of our life at a steady pace. However, according to predictions from Huawei in collaboration with Oxford Economics, the digital economy is expected to comprise 24.3% of the world’s gross domestic product by 2025, giving it an astronomical valuation of around $23 trillion. Among the few innovative technologies leading…