Wallet Tied to Euler Exploit Sends 100 Ether to Lazarus Group
On-chain data first spotted by Lookonchain shows that an address controlled by the entity that exploited Euler Finance’s protocol earlier this week has sent 100 ether (ETH), worth $170,515 at current prices, to a wallet associated with Lazarus Group’s Ronin network hack.
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Swiss Banks Enter the Age of Bitcoin
Jan 22, 2020 at 01:35 UTCDAVOS — Switzerland’s banking industry has long been known to privately safeguard wealth, so some bankers see bitcoin as a natural fit for the nation’s financial sector.Although such bankers may still be a minority, Zurich-based SEBA Bank AG opened in November 2019 with a universal banking license and a suite of…

Trump Releases Fourth Drop of His NFT Trading Cards
Former President Donald Trump is out with another collection of digital trading card non-fungible tokens (NFTs), which were once a lucrative business line for the Republican nominee. This time around, Trump’s fourth collection will offer high-rollers a piece of the candidate’s suit from his debate with President Joe Biden, according to a post on social

IRS Says It Will ‘Soon’ Issue Crypto Tax Guidance in First Since 2014
news The U.S. Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency’s commissioner told a lawmaker Monday. In a reply to Rep. Tom Emmer’s request for further guidance on reporting cryptocurrencies, IRS Commissioner Charles P. Rettig outlined a non-specific plan to release in-depth guidance in the near future. “I…

Hamster Combat Says It Skipped VC Fund Offers, Bashes ‘Exit Liquidity’ Behaviour
Hamster Combat, a viral play-to-earn crypto game, criticized venture capital funding as an "exit liquidity" activity and turned down all investment offers. Developers said they hope to "return to the fundamentals of the web3 space," by focusing on creating innovative projects that generate real value and revenue rather than using their audience for funding. Hamster

eToro Adds Insolvency Insurance Policy – Crypto Users Not Included
Investment platform eToro is now providing a free insurance scheme that will pay its customers holding traditional assets up to £1 million ($1.292 million) if the firm should ever become insolvent. In an emailed announcement on Monday, eToro said the new policy is underwritten by Lloyds of London and would apply in "the unlikely event that…

Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated
Bitcoin (BTC) jumped above the $79,000 mark for the first time in history in an unusual weekend pump that liquidated $280 million in bearish crypto trades. BTC rose 4%, extending 7-day gains to over 16% on the back of a week that saw Republican Donald Trump elected the U.S. president and Federal Reserve cutting rates

Crypto Trading Firm Wintermute Plugs Into CoinRoutes Smart-Order Routing System
Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies. Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation:…

The ‘Coinbase Effect’ Turns Bearish After BAT Prices Drop Post-Listing
The price of browser startup Brave's Basic Attention Token (BAT) fell by as much as 20 percent in the past 24 hours. Trading for BAT officially went live yesterday on Coinbase, the largest cryptocurrency exchange in the U.S., a move that followed the token's inclusion on Coinbase's professional platform. Coinbase initially teased the idea of listing…