CFPB proposes crypto firms refund users for funds lost to hacks
A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.”
Related Posts


Risk Harbor set to take over decentralized insurance protocol Ozone on Terra network
The peer-to-peer insurance service provides DeFi users coverage in case of technical glitches on the Terra blockchain. 715 Total views 5 Total shares Ethereum-based (ETH) decentralized finance, or DeFi, risk management marketplace Risk Harbor will soon take over control of Terra's Ozone Protocol, according to a press release published on Thursday. Ozone is a decentralized…

CZ claps back against ‘baseless’ US plea deal allegations
Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ). In an April 11 report, The Wall Street Journal cited unnamed sources alleging that CZ had agreed to testify against

Bitcoin analysts target $95K as Trump’s trade war cools — Do BTC futures agree?
Bitcoin (BTC) surged to a 45-day high above $91,000 on April 22, and the upward movement coincided with gold reaching a new all-time high. The price gains reflect investors' concerns over a potential economic recession amid ongoing global trade tensions. The tides are shifting, but does data support a Bitcoin price rally above $95,000? Bitcoin

Will weakness in Magnificent 7 stocks spread to Bitcoin price?
The mega-cap tech stocks, which saw a robust start in 2023, are now grappling with massive trillion-dollar losses, leaving their shareholders concerned. Wall Street's unease over surging bond yields and higher interest rates has cast a shadow on these companies. Traders are now pondering the potential impact on Bitcoin (BTC) if the S&P 500 downtrend

Bitcoin 7-month high ‘dominance’ has BTC price eyeing $25K — Will Ethereum spoil the rally?
Bitcoin (BTC) is rapidly regaining its lost dominance in the crypto market so far into 2023.On Jan. 30, Bitcoin accounted for 44.82% of the total crypto market capitalization, the highest since June 2022. In September 2022, Bitcoin's dominance index was as low as 38.84%. The index typically rises when most crypto investors reduce their exposure…

The first-ever Metaverse Fashion Week: Digital fashion is here to stay
Incredible as it may seem, digital fashion has developed so much that it already needs its own fashion week with all that implies: from the shows and presentations of new collections to public talks and parties with true DJs. The first-ever digital fashion week took place March 23-27 in Decentraland, a decentralized virtual social platform…

Hong Kong launches generative AI Sandbox for finance sector
The HKMA collaborates with Cyberport to launch a generative AI sandbox, targeting fintech innovations in finance.

Bitcoin Price Flat at $8.3K as Moving Average Indicators Flip Bearish
Bitcoin price (BTC) continued its latest sideways trading pattern on Oct. 15 as analysts increasingly warned over likely short-term volatility.Cryptocurrency market daily overview. Source: Coin360Bitcoin clings to $8K supportData from Coin360 showed BTC/USD remaining near $8,300 at press time, having fluctuated around that level over the past 24 hours.Highs during that period topped out at…