SEC Ethereum ETF discussions underway, S-1 approval expected in hours
Eleanor Terrett revealed that the SEC had started discussions with Ethereum ETF issuers regarding S-1 forms on May 22.
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Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work. Own this piece of history Collect this article as an NFTCryptocurrency exchanges Binance and Huobi have again frozen accounts linked to the $100 million Harmony Horizon bridge attack on Jun. 24, 2022. Around $1.4…
Decentralized search engine becomes default option on European Android devices
Presearch is backed by a community of node operators who process user search requests and earn rewards through the Ethereum-based PRE token. 778 Total views 18 Total shares Beginning Sept. 1, decentralized search engine Presearch will be listed as a default option on all new and factory-reset devices sold in the United Kingdom and Europe,…
LÜM to launch ‘Access Pass’ NFTs for 25 globally known musicians
“We really wanted to model ourselves off NBA Top Shot. A community that was building collective value by bringing players underneath an individual umbrella,” said LÜM CEO and Founder Max Fergus. U.S.-based music platform LÜM is set to announce 25 partnerships with globally known musicians as part of a re-launch involving NBA Top Shot’s Dapper…
Outwitting crypto criminals: Why exchanges have to go the extra mile
Crypto criminals are getting more adaptive and smarter than ever before. But how can industry service providers keep up with them? If I say that the crypto industry is highly targeted by cybercriminals and, in particular, organized criminals, I’m sure that no one who has spent a few months within the space would be surprised.…
Fireblocks adds Coinbase co-founder to board of directors
The addition of the Coinbase co-founder to Fireblocks’ board followed a $30 million funding round. 2097 Total views 12 Total shares Digital asset security platform Fireblocks announced that it would be adding Fred Ehrsam to its board following a recent funding round.In a Nov. 18 statement, Fireblocks said that Ehrsam, co-founder of crypto exchange Coinbase,…
Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market. Hong Kong-based asset manager Babel Finance is the latest cryptocurrency lending firm experiencing some serious issues amid the ongoing market downturn.Babel Finance officially announced June 17 a temporary suspension…
Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach, and more
The past week in the decentralized finance (DeFi) ecosystem saw many new developments from an adoption perspective and protocol developments. The European Commission added a new chapter on DeFi, showing the growing impact of the nascent ecosystem, while a county in the United States State of Virginia wants to put its pension fund in a…
Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
A combination of escalating interest rates and a tight regulatory environment in the United States has driven a $417 million outflow from the crypto industry in the past eight weeks, with halts in trading for many altcoins draining liquidity and prolonging the ongoing crypto winter.This environment is forcing crypto companies to rethink and adapt their…