Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined

After a product launch and simultaneous Coinbase Pro token listing, Orchid Labs’ OXT token found itself down more than 20% in value by Dec. 18, as Cointelegraph detailed in a brief. Responding to the activity, Orchid’s CEO said the business has more of a long-term focus.“It’s obviously my responsibility as a CEO to be concerned…

Pal says that the upcoming release of ETH 2.0 and and ETH ETF will extend the crypto market cycle. 5148 Total views 5 Total shares Former Goldman Sachs hedge fund manager and founder of Real Vision, Raoul Pal, believes that the social media pundits are wrong and the crypto market cycle won’t end this year.…

The Wall Street Blockchain Alliance welcomes Algorand to their team as a corporate member. 2348 Total views 50 Total shares The Wall Street Blockchain Alliance, or WSBA, announced on April 23 that the proof-of-stake cryptocurrency platform, Algorand, has joined their alliance as a corporate member.According to the post, Algorand is teaming up with many of…

The Southeast Asian nation of Vietnam now ranks among the top nations adopting cryptocurrencies. Indeed, the country has ranked first on Chainalysis’ Global Crypto Adoption Index for two years in a row.Chainalysis’ research methodology took into account population-adjusted adoption in crypto platforms ranging from centralized exchanges to peer-to-peer (P2P) payment networks. Web traffic to major…

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteJanuary takes its name from Janus, the god of transitions and the guardian or the gates of Rome, looking always forward and backwards.So while this has been going on for over two millennia, only a week…

Goldman Sachs is performing “extensive research” on tokenization, the group’s chief executive told France’s Les Echos newspaper on June 27.David Solomon said he believes global payment systems are heading in the direction of stablecoins — cryptocurrencies pegged to fiat assets such as the U.S. dollar.Although he stopped short of confirming whether Goldman Sachs has had…

The Australian Tax Office has issued warning letters to 18,000 Self Managed Super Funds (SMSFs) for concentrating too much investment in one asset class. Under Australian law it is illegal to use more than 90% of retirement funds on a single class, such as property or cryptocurrency, as reported by local news outlet, Micky, Aug.…

Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange.In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had taken action against the Einstein cryptocurrency exchange, which apparently owes more than $16 million to its customers, according to CBC news.Following a BCSC…

Amsterdam-based crypto exchange Blockport will attempt a relaunch after the firm said it would shut down its platform by the end of May, tech news outlet The Next Web reports on June 4.On May 22, Blockport was declared bankrupt by a Dutch court, following the firm’s unsuccessful security token offering (STO) of Blockport Securities (BPT)…