'Crypto Dad' squashes rumors that he could replace Gensler as SEC Chair
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair.
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Report: North Korean Hackers Created Realistic Trading Bot to Steal Money
The North Korean hacking team Lazarus Group targeted several crypto exchanges last year, Chainalysis reports. One of the attacks involved the creation of a fake, but realistic trading bot website that was offered to employees of DragonEx exchange.In March 2019 the hackers stole approximately $7 million in various cryptocurrencies from Singapore-based DragonEx exchange. Though a…
Montenegrin PM among early investors in Do Kwon’s Terraform Labs: Report
Prime Minister Spajic was among the early investors who invested in Terraform Labs just days before it was registered in Singapore on April 23, 2018.
Ripple outlines possible regulatory framework for crypto industry in US
Innovation sandboxes, applying existing frameworks on crypto, and communication between the public and private sectors were included in Ripple's suggestions. 144 Total views 15 Total shares Ripple, the company whose executives have often criticized the United States’ seeming lack of regulatory clarity on the cryptocurrency industry, has outlined its own “pragmatic” framework.In a Tuesday post…
Telegram Messenger to Officially Launch TON Network in Late October
Encrypted messaging service Telegram will launch its long-awaited Telegram Open Network (TON) in late October.In an Oct. 2 message in the official TON Board on Telegram, the firm states that original investors were informed that the blockchain network would launch later this month. Investors are provided with TON key generation software and will be required to…
How to launch an STO? Report predicts market to reach $3B valuation by 2025
Security tokens may be poised for exponential growth as security tokenization industry players reveal optimistic forecasts based on surging demand. With that, the market size by 2025 could reach the $3 billion mark, according to the area2invest report, a security token marketplace. The study by the Liechtenstein-based security token marketplace also suggests a market compound…
Default auditing for DeFi projects is a must for growing the industry
The radical opportunity presented by decentralized finance has garnered significant attention from investors and speculators alike. The total value locked in DeFi protocols grew over 2,500% in 2020, from around $700 million in January 2020 to over $20 billion in December 2020. TVL is a more useful metric than market capitalization when it comes to…
Biden’s cryptocurrency framework is a step in the right direction
The White House released its first comprehensive framework this month for the Responsible Development of Digital Assets following President Joe Biden’s March 9 executive order. The order called for regulators to assess the industry and develop recommendations to safeguard investors while simultaneously promoting innovation. While more work is needed, the framework is a step in…
How to choose a secure DeFi wallet, explained
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