Genesis and DCG reach in-principle agreement to recover creditors’ funds

Digital Currency Group (DCG) moving toward resolving the financial challenges of its crypto lending subsidiary, Genesis. The agreement could possibly lead to a fair recovery for creditors. The agreement is still subject to several handles, but Genesis expects the agreement to be completed in the coming weeks. дальше »

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DYdX to unlock 6.52M tokens worth $14M for community treasury, rewards

Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury, which funds contributor grants, community initiatives and liquidity mining, among other programs. дальше »

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Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds

Genesis Global and affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing Tuesday. The cryptocurrency lender aims to emerge from Chapter 11 protection after entering mediation in May to resolve disputes over a reorganization plan. дальше »

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China combats struggling financial markets with tax cuts

Quick Take In a determined bid to reanimate its ailing financial markets, China has slashed stock trading taxes by half, as reported by market analyst Ayesha Tariq. Alongside this, the government has directed state-owned banks and funds to invest in stocks, adding a new layer of complexity to the nation’s economic landscape. дальше »

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Balancer Falls Victim To Hack After Warning Of Critical Vulnerability: Funds Lost

In a disheartening turn of events, the decentralized finance (DeFi) protocol Balancer (BAL) confirmed a hack just days after warning about a critical vulnerability impacting multiple Pools. The attack, which took place on August 27, resulted in a loss of nearly $1 million for Balancer. дальше »

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Shibarium Is Live And Scaling, What’s Ahead For Shiba Inu Price?

In a new blog post today, Shytoshi Kusama, the lead developer of Shiba Inu, announced that Shibarium is now live and scaling optimally. Kusama stated, “Shibarium is LIVE and operating well! Now that we’ve proven that all funds are safu (as we said), and that Shibarium is ready for prime time, we will reopen our channels. дальше »

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Hong Kong Police Take Down $65 Million Triad Money Laundering Operation

Police in hong kong have taken down a $65 million money laundering network that moved funds through bank accounts, cash exchanges and crypto trades. The post Hong Kong Police Take Down $65 Million Triad Money Laundering Operation appeared first on BeInCrypto. дальше »

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Rogue Pepecoin team members blamed for $16M PEPE multsig withdrawal

In an announcement to the PEPE community, it was claimed that three former members stole funds from the project and then handed over full control to the sole remaining member. дальше »

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Celsius Asks Users To Update Personal Info, Is It Time For Crypto Distribution?

It has now been more than one year since crypto lender Celsius Network filed for bankruptcy, leading to a rollercoaster 13 months for investors so far. However, there may finally be an end in sight for users who have their funds stuck on the platform as it looks like Celsius is getting ready for fund […] дальше »

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Binance Delists Sanctioned Russian Banks From Peer-to-Peer Service

Binance has cut ties with five sanctioned Russian banks that were listed on the exchange’s peer-to-peer service to let users transfer funds in rubles, the country’s native currency. дальше »

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ARK Invest and 21Shares join forces for crypto ETFs

ARK Invest and 21Shares have jointly applied for two futures exchange-traded fund (ETF) products involving ether (ETH) and bitcoin (BTC).  The applications lodged with the Securities and Exchange Commission (SEC) by Empowered Funds, the investment advisor for the products, on… дальше »

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FTX and BlockFi hit by cybersecurity breach

Both FTX and BlockFi assured users that their internal systems and client funds remained unaffected. It was clarified that Kroll didn't manage account passwords and other data. CryptocurrencThe post FTX and BlockFi hit by cybersecurity breach appeared first on AMBCrypto. дальше »

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ARK Invest Files New Ethereum ETF Application

ARK Invest has teamed up with 21Shares to file applications for two exchange-traded funds (ETFs) focused on cryptocurrency futures дальше »

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Prime Trust parent company lost $8M investing in TerraUSD

Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin. дальше »

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Crypto VC inflows drop further as macro factors weigh on investments

Polychain Capital and CoinFund launch new funds, and spot Bitcoin ETFs approval rumors can’t brighten the outlook for crypto VC sector. дальше »

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Bitcoin-backed property investment becomes new avenue for Cayman Islands residency

Bitcoin financial services firm Ledn’s ties with the Cayman Islands open a doorway for crypto users to use their funds to obtain real estate “golden visas.“ дальше »

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Israel police goes after business magnate for $290 mln crypto scam

Hogeg raised these funds across the world during 2017-18 under the guise of funding four crypto ventures. Police charged him with fraud, money laundering, tax violations, and sexual offences. дальше »

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FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions

The bankrupt exchange wants to return funds to creditors in dollars without denting value. дальше »

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US Government Sanctions Tornado Cash Founder for Aiding North Korean Hackers

The US government has sanctioned the founder of Tornado Cash for laundering funds stolen by North Korean hackers. The post US Government Sanctions Tornado Cash Founder for Aiding North Korean Hackers appeared first on BeInCrypto. дальше »

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Balancer secures 95% of funds at risk amid vulnerability report

Balancer, a leading decentralized finance platform, acted swiftly after discovering a critical vulnerability affecting several V2 pools. The Balancer team unveiled the issue on Aug. 22 at 3:52 PM UST. дальше »

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Spot Bitcoin ETF Launches in Europe, $ROE Holders Target 10X Surge on Launch

The cryptocurrency landscape continues to evolve, with groundbreaking developments making waves globally. Europe’s foray into the world of exchange-traded funds (ETFs) for Bitcoin is setting a precedent, while investors in the innovative project Borroe ($ROE) are setting their sights on a remarkable price surge upon the token’s launch. дальше »

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BlockFi challenges FTX and Three Arrows Capital’s $5 billion recovery claims

FTX is attempting to collect funds that BlockFi withdrew from FTX. com and others paid as interest by Alameda. BlockFi has however described FTX’s investment as a “gamble” that BlockFi creditors shouldn’t be held responsible for. дальше »

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FBI flags 6 Bitcoin wallets linked to North Korea, urges vigilance in crypto firms

Although the likes of Lazarus Group have stolen billions of dollars worth of crypto, the public ledger technology makes it difficult for them to launder funds, as they can be tracked and frozen. дальше »

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Tether Burns $1,200,000,000 USDT on Tron Network, Should Investors Be Worried?

In a significant move, Tether, the company behind the widely-used stablecoin $USDT, has burned 1. 2 billion USDT on the Tron blockchain. This action was taken in relation to the funds accrued in the Treasury wallet, which were accumulated due to chain swaps and redemptions from previous periods. дальше »

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Balancer Secures Over 80% of Funds at Risk After Vulnerability Report

Balancer, a DeFi lending pioneer, received a vulnerability report a few hours ago that found over 100 of its V2 pools are at risk. дальше »

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Balancer alerts users to V2 Pools threat, affected LPs asked to withdraw funds

Balancer Labs has announced that a number of V2 Pools are vulnerable to an exploit after it received a report to that effect.   The team at the decentralized finance (DeFi) protocol disclosed the said vulnerability on Tuesday, adding that emergency measures had been undertaken to secure a majority of user funds. дальше »

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BREAKING: Balancer V2 Pools Under Threat, LP Users In Race Against Time To Withdraw Funds

Balancer, a decentralized finance (DeFi) protocol operating on the Ethereum blockchain, has recently disclosed a critical vulnerability impacting several of their V2 Pools.   While emergency measures have been implemented successfully to safeguard a significant portion of Total Value Locked (TVL), a portion of funds remains at risk. дальше »

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Polygon (MATIC) Whale Transactions up 49% as Recovery Is Underway

Polygon welcomes whale buy-ups, here are total funds they moved дальше »

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Sam Bankman-Fried Pleads Not Guilty to Latest Indictment

FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to political donations. дальше »

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Shift to self-custody? $125M Bitcoin outflow stirs market interest

Quick Take Yesterday, Aug. 21, marked a remarkable shift in the Bitcoin landscape as finance experienced one of its most substantial outflows to date, approximately $125M. This considerable movement of funds away from finance platforms may suggest an increased preference among users for holding their own assets rather than keeping them on exchange platforms. дальше »

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Crypto futures and ETFs are knocking at the door: Law Decoded

The SEC will likely approve multiple applications for Ether futures exchange-traded funds simultaneously.

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Maker's DSR reduction opens up the exit door for whales- Here's how

Whales, including Justin Sun, pulled funds out of the DSR pool. Maker's TVL and active addresses decreased. Maker's [MKR] recent reduction in the Dai Savings Rate (DSR) has resulted in some The post Maker's DSR reduction opens up the exit door for whales- Here's how appeared first on AMBCrypto. дальше »

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ETF delay disappointment triggers $55M outflow from digital assets – reports

Digital asset investment products experienced a significant outflow of funds this week, totaling $55 million, according to the weekly report by CoinShares. Analysts, including James Butterfill, believe the market’s reaction is due to the disappointment from recent media reports indicating a delay by the US Securities & Exchange Commission in approving a US spot-based ETF. дальше »

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Ethereum ETF Mania: Is A Breakout To Fresh All-Time Highs On The Horizon?

Ethereum (ETH) is once again under the spotlight as the cryptocurrency market flirts with the influence of traditional financial instruments.   The hype centers around the possibility of multiple Ethereum futures exchange-traded funds (ETFs) being listed in the United States. дальше »

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Crypto Markets Buoyant as SEC Considers Ether-Futures ETFs; The Demand For Polkadot And DigiToads Launch To Explode

The crypto market is witnessing a wave of buoyancy as the U. S. Securities and Exchange Commission (SEC) evaluates the possibility of approving Ethereum-futures exchange-traded funds (ETFs) by October. дальше »

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Empowered Funds Files for Bitcoin Futures ETF

New asset manager Empowered Funds has filed to list three Bitcoin futures ETFs дальше »

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Harbor protocol falls victim to attack, funds go missing

Cosmos network stablecoin project Harbor confirmed Saturday, Aug. 19, that its security has been breached, resulting in exploitation. The interchain stablecoin protocol announced on social media platform X that it fell victim to a protocol attack. Some pools, including Luna,… дальше »

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Cypher Protocol Freezes Over $600,000 Of Stolen Funds On CEXs

Cypher Protocol, a decentralized exchange (DEX) based on the Solana network, has disclosed that more than half of the funds stolen from its platform have been frozen across various centralized exchanges (CEXs). дальше »

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SEC’s Ethereum Futures ETF Approval: A Resounding Victory For ETH’s Security Status?

According to Bloomberg, in a key development for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) is reportedly set to allow the launch of exchange-traded funds (ETFs) based on Ethereum (ETH) futures. дальше »

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SEC May Approve Ethereum-Futures ETFs Sooner Than Expected – Details

The United States Securities and Exchange Commission (SEC) may approve the foremost Ethereum futures exchange-traded funds (ETFs).  This news comes amid the rising interests of several financial giants that have filed applications with the US SEC to deploy ETF products based on cryptocurrencies, such as BTC and ETH. дальше »

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SEC Poised To Approve Ether Futures ETFs By October In Bullish Crypto Milestone

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Cypher Protocol recovers nearly 50% of stolen assets

Cypher Protocol recovered nearly 50% of the stolen funds, worth approximately $600,000. On Aug. 7, the company suffered an exploit attack that reportedly wiped $1 million off its accounts. On Aug. дальше »

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SEC nears approval of ether futures-based ETF

The SEC is reportedly close to approving the first Ether futures-based ETFs, signaling a potential shift in stance on cryptocurrency regulations. The U.S. Securities and Exchange Commission (SEC) is nearing approval of the first exchange-traded funds (ETFs) based on Ether… дальше »

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U.S. Regulators Reportedly on the Verge of Approving Ether Futures ETFs

According to a recent report by Bloomberg, U. S. securities regulators are on the brink of greenlighting exchange-traded funds (ETFs) based on ether (ETH) futures. Unlike traditional ETFs that hold the actual cryptocurrency, these proposed ETFs would be backed by derivatives contracts linked to the value of ether. дальше »

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Ether-Futures ETFs Receive SEC Approval in Major Crypto Milestone

The US Securities and Exchange Commission (SEC) is poised to approve the inaugural Ether (ETH) futures-based exchange-traded funds (ETFs) дальше »

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Will indication of SEC approval for Ethereum futures ETFs be precursor to further pain?

The U.S. Securities and Exchange Commission (SEC) is set to approve the first exchange-traded funds (ETFs) based on Ethereum futures, according to a Bloomberg report on Aug. 18 The green light from the regulatory body could pave the way for several firms, including Volatility Shares, Bitwise, Roundhill, and ProShares, that have filed to launch ETFs […] The post Will indication of SEC approval for Ethereum futures ETFs be precursor to further pain? appeared first on CryptoSlate. дальше »

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Ethereum Futures ETFs Given Thumbs Up Approval By SEC

The US SEC is reportedly set to approve several Ethereum futures-based ETFs by October, with around a dozen firms having submitted applications. The specific funds to be approved remain uncertain. дальше »

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US BlockFi clients free to withdraw funds after court order

US-based who were unable to withdraw from BlockFi can now access their accounts after a directive by a Bankruptcy Court on Aug. 16 дальше »

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BlockFi opens crypto withdrawals for eligible US users following court order

The lending platform halted client withdrawals amid filing for bankruptcy in November 2022 but later petitioned the court for authorization to return user funds. дальше »

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Shiba Inu Lead Shytoshi Kusama Claims There's No Bridge Issue: 'Funds Are Safu'

Shiba Inu's newly launched blockchain layer, Shibarium, faced unexpected technical challenges due to overwhelming surge in user activity дальше »

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