Tapioca offers $1M to ‘social engineering’ attacker who stole $4.7M
DeFi protocol Tapioca DAO said it was hacked for $4.7 million, now its offering its attacker a “significantly higher” bounty to try get most of the funds back.
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Basel Committee suggests introducing maturity limits for stablecoin reserve assets
Should longer-term assets be allowed as reserve assets, the committee thinks these must overcollateralize the claims of stablecoin holders. 302 Total views 8 Total shares In a consultative document published on Dec. 14, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) proposed several measures on targeted adjustment to its standard on banks’

Bitcoin breaks records, what happens next, Coinbase IPO: Hodler’s Digest, Dec. 13–19
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekAnother day, another all-time high — Bitcoin hits $24,000 in weekend surgeOn…

Commissioner Allison Lee announces her departure from the SEC
The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office. 296 Total views 15 Total shares Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in…

Bitcoin investors ‘buy the dip’ as BTC nears $40K, gaining 16% in less than 24 hours
Buyers returned to the Bitcoin (BTC) market, locating interim upside opportunities as the price rebounded to nearly $40,000 on Feb. 25, gaining 16% in less than 24 hours. Investors bulk up Bitcoin holdingsThe number of Bitcoin addresses with a balance greater than 0.01 BTC (~$400) reached a record high of 9.51 million, the latest data from…

IMF reiterates call for crypto regulation after the ecosystem’s ‘rough year’
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai. 383 Total views 13 Total shares Own this piece of history Collect this article as an NFTThe International Monetary Fund, or IMF, has pointed to the collapse of FTX as well as “turmoil”…

Bitcoin, British Pound trading volume soars 1150% as UK’s currency risks dollar parity
Bitcoin (BTC) will see increased interest from the United Kingdom “very quickly” as fiat currency volatility makes BTC look like a stablecoin.That was the conclusion from Gabor Gurbacs, strategy adviser at investment giant VanEck, one of many flagging Bitcoin’s appeal over the pound this week.UK becomes fertile ground for Bitcoin "orange pill"As the U.S. dollar…

Rogue states dodge economic sanctions, but is crypto in the wrong?
When the United States first began going after crypto companies for violating its economic sanctions rules, it didn’t exactly start with a bang.In December, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced a settlement with crypto wallet provider BitGo after the Palo Alto firm failed to prevent persons apparently located in the Crimea…

Bitcoin price downside may last 2 months — Analysis
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.