New York AG reaches $2B settlement with Genesis 'for defrauded victims’

Proof-of-stake protocols were designed to encourage users to lock up their coins, but synthetic assets are circumventing that design to allow double-dipping in DeFi. One of Forbes’ 30 Under 30 in Asia, Tushar Aggarwal wears many hats: He started the crypto podcast Decrypt Asia, works as a venture scout with LuneX Ventures, and runs Persistence, a…

ETF analyst Nate Geraci says there’s no “good reason” for spot Ethereum ETFs not to launch this week.

E-commerce giant Shopify has joined the Libra Association, a network of founding members supporting Facebook's stablecoin project Libra.Shopify, a major Canada-based digital commerce platform hosting more than one million merchants, will be collaborating on the establishment of a global payment network within the Libra Association, the firm officially announced on Feb. 21.The Libra Foundation has…

Goldman Sach starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest. 1325 Total views 39 Total shares According to a leaked PowerPoint slide, Goldman Sachs, in a May 27 call discussing the U.S. economic outlook, stated that cryptocurrencies are not an asset class. The wording of the slide appears…

As the price of Bitcoin (BTC) has been slowly consolidating over the past few months, altcoins have been taking the spotlight. Recently, massive moves were made by Chainlink (LINK), Zilliqa (ZIL) and Elrond (ERD) and that’s just naming a few of the more popular altcoins.The latter of the three is an IEO (Initial Exchange Offering),…

Claims by a self professed white-hat hacker about a major security risk to SushiSwap liquidity providers have been rejected by one of the exchange’s devs. 1810 Total views 6 Total shares The developer behind popular decentralized exchange SushiSwap has rejected a purported vulnerability reported by a white-hat hacker snooping through their smart contracts.According to media…

Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work, while her husband will face a plea trial in October. 561 Total views 12 Total shares The Melbourne couple who accidentally received 10.5 million Australian dollars ($6.7 million) will be facing a plea trial in October for a

Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term.