Sky faces scrutiny over potential $756M exploit flaw
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency.
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Jordan Peterson wraps his divisive giga-brain around Bitcoin
Jordan Peterson published a podcast titled “Bitcoin: The Future of Money?” this week that hosted Bitcoiners including John Vallis, Der Gigi, Richard James and Robert Breedlove. 194 Total views 24 Total shares Controversial Canadian psychologist Jordan Peterson appears to have turned onto Bitcoin in the latest episode of his podcast. On Aug. 10 Peterson published…

Coinbase CEO calls for action in electing pro-crypto lawmakers following SEC Wells Notice
Brian Armstrong urged crypto proponents to "contact their congressman, donate to pro-crypto candidates, show up at town halls" in an effort to achieve clear rules for crypto. 324 Total views 5 Total shares Own this piece of history Collect this article as an NFTBrian Armstrong, the chief executive officer of United States-based cryptocurrency exchange Coinbase,…

Bitcoin Price Indicator That Called 2019 Bull Run Flashes Green Again
Bitcoin (BTC) plans to move higher and further squeeze bears in the short term, several price indicators suggest.As the week begins, a group of measurements — some surprisingly accurate historically — are combining to make traders firmly bullish on BTC.Guppy repeats April 2019 bull signalLeading the positive signs is a useful but somewhat forgotten indicator…

Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility
Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9.Custodied on Figure’s blockchain platform Provenance.io, the new facility was closed along with major global investment banking firm Jefferies and multi-billion dollar financial services company WSFS Financial Corporation.According to…

Are custodied crypto funds at risk? Industry veterans explain
Investments under custody are usually very safe, until the accountability of the custodian is called into question. 542 Total views 15 Total shares With rumors of insolvency flying high among crypto firms such as Celsius and Three Arrows Capital, investors couldn't help but ask a simple question: What happened to all the funds that were…

SEC crypto ‘overreach’ cost small investors $15B: John Deaton
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses.

Bitcoin price nears $36K as altcoins make 10% gains
Bitcoin (BTC) tackled resistance at $35,000 on Tuesday as upward momentum began to resurface throughout cryptocurrency.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price targets range highData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting 24-hour highs of $35,780 on Bitstamp on Tuesday.The pair put in 4.5% gains on the day, restoring confidence to traders who…

ABN AMRO in Money-Laundering Scandal After Calling Bitcoin ‘Risky’
Having trumped up the risks of unregulated cryptocurrencies earlier this year, Dutch bank ABN Amro NV finds itself in the midst of a major money-laundering scandal.On Sept. 26, Bloomberg reported on news of a criminal probe into the bank’s alleged failures to report suspicious transactions and to adequately vet its clients. ABN AMRO — which…