Bybit CEO declares ‘war against Lazarus’ after $1.4B hack

The decentralized finance market seems to be deflating after the DeFi summer craze when tokenized versions of Bitcoin and protocols, such as Uniswap and SushiSwap, outperformed the rest of the market. Earlier in October, the two main DeFi indices, Binance’s DeFi Composite Index and TokenSet’s DeFi Pulse Index Set lost more than 60% and 50%…

Thursday, Aug. 22— Bitcoin (BTC), Ether (ETH), and XRP are all in the green. These top three coins fell from Monday to Wednesday, but are moving upwards again. Top cryptocurrencies are generally green across the board. Market visualization. Source: Coin360Bitcoin is trading over $10,120 at press time, representing a 0.08% price increase on the day. One…

“Cash is still king when it comes to illicit finance, and that is not likely to change,” says Chainalysis researcher Kim Grauer. 401 Total views 26 Total shares The coming year is likely to see crypto related crime reduce to an ever smaller share of the overall industry as law enforcement takes greater advantage of…

The venture capital firm has taken issue with U.S. regulators latest move against crypto. 2723 Total views 19 Total shares Major venture capital firm Andreessen Horowitz, also known as a16z, is the latest crypto-related form to oppose a recently proposed regulation in the United States.According to a blog post by a16z general partner Kathryn Haun,…

Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from bitcoin (BTC) and will share information with authorities, Cointelegraph Brazil reports on June 18.Per the report, Marcus made his remarks during an interview with Brazilian newspaper Estado de São Paulo, which was published today. During the…

The weighted average cost of purchased Bitcoin recently reached a level signifying that all investors who have consistently dollar-cost averaged into Bitcoin (BTC) are now in the black, regardless of how long they have been holding.Just a reminder that every single pleb who has been dollar cost averaging #bitcoin is now in profit no matter…

The founder behind the game studio that developed Fornite sees promise in NFTs, but says for now there's more speculation than substance. 2471 Total views 7 Total shares Tim Sweeney, the co-founder of the studio behind titles such as Hitman, Gears of War, and the wildly popular Fortnite said in a Tweet today that non-fungible…

Advisers at the banking giant are reportedly only allowed to execute crypto trades at the direct request of a client rather than recommending the products themselves. 642 Total views 8 Total shares Major U.S. investment bank JPMorgan is reportedly allowing advisers to execute crypto trades for more of its clients.According to a Thursday report from…