US Attorney behind Sam Bankman-Fried case will resign on Dec. 13
Deputy US Attorney Edward Y. Kim will serve as the acting head for the Southern District of New York until the Senate confirms one of Donald Trump’s nominees.
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DeFi boom leaves former altcoin darlings in the dust — But for how long?
The rapid popularity and investment growth observed in the Decentralized Finance (DeFi) sector has reflected heavily on the price charts with DeFi and yield-related tokens like Yearn.finance (YFI), Aave (LEND), and others rallying to their all-time highs in 2020. YFI alone has surged 10x since listing.In fact, most high-profile DeFi-related tokens have outperformed Bitcoin (BTC)…

IRS Sends New Round of Letters to Bitcoin and Crypto Holders
Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports.Using the information provided by third-party systems — such as crypto exchanges and payment systems — the IRS has been…

Arbitrum Discord hacker shares phishing announcement amid airdrop hype
The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive. 371 Total views 26 Total shares Own this piece of history Collect this article as an NFTThe crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed…

What is a honeypot crypto scam and how to spot it?
What is a crypto honeypot and why is it used?Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a more appealing target for attackers. Several smart contracts have been targeted by hackers in recent years. However, a…

Lines in the sand: US Congress is bringing partisan politics to crypto
Cryptocurrency is now a hot topic in United States politics. It wasn’t always like this, however, especially since just a small percentage of U.S. politicians seem to have a baseline understanding of digital currencies.Nonetheless, it’s now a wedge issue poised to morph into a destructive political football destined to occupy a new, uncomfortable space in…

Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first. 122 Total views 5 Total shares Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue…

Russian Central Bank Reportedly Conducted ‘Successful’ ICO Trial
An official from Russia’s central bank has revealed that the bank has recently conducted a "successful" experimental Initial Coin Offering (ICO), as cited by local news agency TASS Tuesday, September 11.Ivan Semagin, deputy director of the Financial Market Development Department for the Bank of Russia, told TASS:“Within a framework of the central bank’s sandbox, we…

Major job postings from the crypto space in 2021
Some institutional players, online retailers, and media organizations have called for recruits with experience in crypto or blockchain. 431 Total views 23 Total shares As crypto and blockchain firms grow and need to navigate regulatory and economic challenges for the industry, many have to hire outside to find the best workers. This year, major companies,…