Cypher core contributor admits to stealing $260K and gambling it away
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”
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Report: CEO of Largest Romanian Crypto Exchange Arrested on US Warrant
The CEO of Romania's largest crypto exchange Coinflux was reportedly arrested on a warrant from the United States for fraud, organized crime, and money laundering, local news outlet Mediafax reported Dec. 13. Coinflux has subsequently stopped all digital currency exchanges.Founded in 2015 in the Romanian city of Cluj, Coinflux is an online digital currency trading…

Crypto Assets Pose No Risks to Financial Stability, International Bankers Claim
International central banks and financial officials think that cryptocurrencies pose no significant risks to global economic stability, according to a report published by the Financial Stability Board (FSB) Wednesday, Oct.10.The FSB — an international agency consisting of 68 local institutions such as central banks, watchdogs, and ministries of finance that prepares recommendations for global financial…

Donald Trump could issue crypto executive orders on first day: Report
Donald Trump could issue executive orders addressing crypto de-banking and a bank accounting policy when he re-takes the presidency on Jan. 20.

DBS rolls out blockchain-based banking for institutions
DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency.

Listing an altcoin traps exchanges on ‘forever hamster wheel’ — River CEO
River Financial CEO Alex Leishman argues that once an exchange lists ETH and SOL, it “makes no sense” not to list related crypto tokens from their ecosystems. 3446 Total views 3 Total shares When a cryptocurrency exchange lists its first altcoin, it sets itself up for an endless cycle of launching memecoins, warns a Bitcoin-only

Tether expands into oil trading with $45M transaction
Completed in October 2024, the deal facilitated the transport of 670,000 barrels of crude oil and marked Tether’s entry into the commodity trading market.

Deloitte Partners With Startup for Gov’t-Level Blockchain Identity Management
“Big Four” accounting firm Deloitte has partnered with identity management company Attest Inc. to develop a blockchain-based digital identity system, according to a press release published Nov. 5.Chicago-based Attest is an identity management company that offers a shared identity platform enabling its clients to conduct transactions, wherein its governmental customers can provide identity services to…

DeFi aggregation: Paving the way for mass adoption
The DeFi revolution is transforming our financial landscape and empowering everyday people to take back control over their assets. However, the skill level necessary to practice DeFi successfully remains an obstacle to mass adoption. To overcome this roadblock and help grow decentralized finance, we need more DeFi aggregation services. What is DeFi aggregation? DeFi made…