Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand
A publicly owned firm chaired by a Chinese billionaire lost millions through crypto investments, yet it’s still seeking to rebrand around the tech.
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Crypto Custodian BitGo Exaggerated Insurance Coverage, Underwriter Claims
feature One of the underwriters behind BitGo’s $100 million cryptocurrency insurance policy has accused the custodian of exaggerating the scope of its coverage by using “ambiguous language” in public statements. The controversy boils down to three words. In its February 20 press release, BitGo listed “third-party hacks” among the risks covered by a group of…

Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
$350 million worth of DeFi positions were liquidated during the market sell-off. Aave secured $6 million in revenue from processing on-chain liquidations. One $7.4 million WETH position was liquidated, providing Aave with $802,000 in revenue. 11:52 Bitcoin ETFs Are Still 'Wildly Successful': Kraken Head of Strategy 11:52 Bitcoin ETFs Are Still 'Wildly Successful': Kraken Head

Cboe Exchange Puts Breaks on Bitcoin Futures Listing
news Cboe Futures Exchange (CFE) is putting its bitcoin futures market on hold. The unit of Cboe Global Markets said Thursday that it would not add a new bitcoin futures market for March, citing a need to review how it approaches the space. “CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for…

This Week’s Bitfinex-Tether Allegations Explained
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SHIB’s 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).Meme coin shiba inu (SHIB) continues to see outsized gains among the CoinDesk 20, more than doubling in value so far this week and now up nearly

Crypto-Fan Tom Emmer’s Rise and Fall in the U.S. House Speaker Race Was Extremely Quick
Friend-to-crypto U.S. Rep. Tom Emmer (R-Minn.) was the Republican nominee for speaker of the House of Representatives for a single afternoon before reportedly giving up under opposition pressure within his party.House Republicans are having an epic, no-holds-barred political showdown with themselves, and the abortive campaign of Emmer demonstrates that they've now burned through the most

Lightning Vulnerability Discovered; LND Node Operators Urged to Upgrade ASAP
Oct 9, 2020 at 00:58 UTCUpdated Oct 9, 2020 at 01:31 UTC(Artur Aldyrkhanov/Unsplash)Lightning Vulnerability Discovered; LND Node Operators Urged to Upgrade ASAPA vulnerability in LND versions 0.10.x and below has been disclosed to the Lightning Labs team, according to engineer Conner Fromknecht in the Lightning Network developer channel Thursday. In light of the disclosure, the…

Stablecoin Issuer Circle Internet Files for IPO
10 Years of Decentralizing the FutureMay 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register NowCircle Internet Financial, the issuer of the USDC stablecoin, confidentially filed to sell shares to the public for the first time.The company filed a confidential draft S-1 document to the U.S. Securities