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Europol slams DeFi over high criminal activity.

International crime-fighting agency Europol has praised blockchain’s security, but also highlighted high criminal activity in decentralized finance. Europol, the EU law enforcement organization, has published its first European Financial and Economic CrimeThreat Assessment. origin »

Octav Raises 2.65 Million to Help Label DeFi Transactions.

Octav, a DeFi labeling and tax reconciliation platform, raised a $2. 65 million seed to help label the DeFi ecosystem and be the “Quickbooks of crypto”. “There hasn’t been a systematic way where the DeFi community can decipher all their transactions from block explorers and get their data in one convenient dashboard,” said Mathieu Baril, Co-Founder … Continued The post Octav Raises 2. origin »

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Crypto Exchange CoinEx hacked, $29 million stolen.

CoinEx, a prominent global cryptocurrency exchange, has fallen victim to a significant security breach resulting in losses estimated at $29 million. The hack was brought to light by blockchain analysts who uncovered a series of suspicious transactions originating from the exchange’s hot wallets. origin »

Mantle expands to RWA via Ondo Finance’s USDY.

Mantle, an Ethereum layer 2 solution, has expanded its product offering via Ondo Finance’s USD Yield (USDY). Users can access US Treasury yield directly from their Mantle wallet. Mantle, an Ethereum layer-2 protocol backed by crypto exchange Bybit, has announced its expansion to the real world assets (RWA) market. origin »

Bitcoin Lightning Integration Gets Final Approval From Coinbase CEO.

Coinbase CEO Brian Armstrong announced today that the crypto exchange will integrate the Bitcoin Lightning Network, a layer-2 solution aimed at enabling faster and cheaper BTC transactions. The decision comes after months of scrutiny from the Bitcoin community, including high-profile critics like Jack Dorsey, co-founder and former CEO of Twitter and CEO of Block Inc. […] origin »

What Bitcoin's rising hashrate means for BTC's future.

Bitcoin's rising network hashrate signaled growing mining activity. Growing whale interest and indicators implied volatility-influenced market sentiment. Bitcoin's [BTC] price recently brokeThe post What Bitcoin's rising hashrate means for BTC's future appeared first on AMBCrypto. origin »

How Arbitrum has gone from strength to strength.

Arbitrum’s monthly average user retention rate has seen steady growth. ARB achieved a gain of over 2% by the end of trading on 12 September. Arbititrum [ARB] has demonstrated a solid retenThe post How Arbitrum has gone from strength to strength appeared first on AMBCrypto. origin »

Effects of Curve's hack echo as CRV volume craters.

CRV's daily trading volume fell by 98% since July's reentrancy hack. Liquidity on the protocol's stETH-ETH pool has experienced a decline as well. The trading volume of Curve Finance [CRV] aThe post Effects of Curve's hack echo as CRV volume craters appeared first on AMBCrypto. origin »

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