Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014

After a boast about the protocol's resiliency, Value DeFi loses $6 million to flash loan exploit. 1357 Total views 31 Total shares Following a Twitter thread on Friday that highlighted the decentralized finance protocol’s flash loan exploit prevention methodology, Value DeFi appears to have been the victim of a $6 million flash loan exploit. At roughly…

Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July. 250 Total views 24 Total shares The CEO of venture capital firm Hashed and early Terra (LUNC) investor Kim Seo-joon has cited “extreme stress” following the Terra crash as…

Research has detailed Bitcoin’s recent record-low volatility and while traders expect an eventual price breakout, the Oct. 26 BTC price move to $21,000 is not yet being interpreted as confirmation that $20,000 has now become support. In a recent “The Week On-chain Newsletter,” Glassnode analysts mapped out a bull case and a bear case for BTC.…

Privacy and anonymity are the primary benefits of cryptocurrency, yet due to the transparent nature of blockchain technology, crypto transactions are not as anonymous as some may think. Rather, Bitcoin (BTC) and other cryptocurrencies are pseudonymous, as each transaction on a blockchain network is transparent, making it possible to trace wallet addresses back to their…

A contributor of major Ethereum browser extension Metamask has reported that the MetaMask team is “totally overwhelmed” and not being prioritized by its parent company ConsenSys.In a Dec. 25 Reddit post, Reddit user lazaridiscom3 alleges that the MetaMask team is not getting the support it needs from ConsenSys, and, consequently, the whole team of 24…

Analysts predict ETH ETF’s launch for June, Bitcoin dips as Mt. Gox wallets move, and Binance France changes ownership.

At Vanity Fair’s New Establishment Summit, Coinbase CEO Brian Armstrong said that Coinbase has generated close to $2 billion in trading fees since it launched in 2012.On Oct. 23, the co-founder and CEO of major United States cryptocurrency exchange and wallet provider Coinbase told Vanity Fair that technology has always been the focus of Coinbase,…

Industry representatives call the authorities not to go beyond the scope of the FATF Travel Rule recommendation. 174 Total views 4 Total shares Forty crypto companies cosigned an open letter to the European Parliament, European Commission and other principal E.U. institutions with a call to ensure common-sense regulation, standardized compliance procedures, and an innovation-friendly business…

Blockchain startup Waves has introduced an upgrade to its blockchain that enables decentralized applications (dApps) on the platform. The development was announced in a blog post published on June 25.The company has introduced a major update for its blockchain dubbed Waves Node 1.0, and released the mainnet of RIDE, that will purportedly allow the implementation…