NFT investor accidentally burns $135k CryptoPunk trying to borrow money
While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting...
Year: 2023
Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B
Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly...
‘US has left a vacuum that other countries are eager to fill’: Coinbase
While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation,...
Binance launches internal investigation following KYC bypass rumors
Following allegations that Binance employees and volunteers have helped users bypass KYC protocols, the crypto exchange says it is launching...
Binance employees allegedly help customers in China bypass KYC controls
A new investigation claims that users around the world are manipulating Binance’s billion-dollar security protocols through inside help. Update: Binance...
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in...
Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon
Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon....
Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector
Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In...
Shares of Deutsche Bank, Other Euro Lenders Tumble
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability...
White House report takes aim at Bybit — and forgot about Deribit
The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in...
German Dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform
Securities processor Deutsche WertpapierService Bank will provide its affiliates with seamless integration with their current offerings, with more digital assets...
Arbitrum airdrop hype grips DeFi world: Finance Redefined
The Arbitrum airdrop has created quite a hype in the DeFi industry, with several fake airdrops and exploits leading up...
Nasdaq to launch crypto custody services by end of Q2: Report
The service will reportedly be the exchange operator’s first major venture into the crypto industry. Global securities marketplace Nasdaq is...
US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting
Heads of all major U.S. financial regulatory agencies gathered by video to hear a presentation by New York Fed staff...
Animoca Brands cuts metaverse fund target to $800M: Report
The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of...
