Owing to a February 2022 hack of $36 million, the IRA accused Gemini for lack of transparency with its cybersecurity protocols and failing to provide sufficient security for the funds.
Investors in Australia have already lost $81.5 million in crypto scams and $148 million overall, including several other investment scams.
Binance has invested in the PancakeSwap decentralized exchange through its Binance Labs investment arm in a bid to grow global tech adoption.
Bitcoin last traded at these levels on June 1, when it began a downward correction that saw BTC fall from around $32,000 to below $30,000 for the majority of the weekend.
Tron accelerates its plan to collateralize its native USDD stablecoin. Tron will use three separate crypto – Bitcoin, USDT, and TRX – as a way to diversify their reserves.
After Tidex’s IDO launch on June 15th, trading in TDX tokens will commence later on the same day.
About $360K worth of Bored Ape NFTs were lost after popular crypto chat app Discord fell victim to a “brief exploit”.
The UST crumble, coupled with the inflation, has raised concerns among experts in the crypto community.
With several tech experts joining hands against crypto, Vitalik Buterin said that it pains to see that the crypto industry has turned so adversarial in the last decade.
The Bitstamp Earn product will offer returns only on staking ETH and ALGO. Note that it won’t be involved with any kind of lending process.
The Stablecoin bill passed by Japanese lawmakers is bound to take effect 12 months from now, and irrespective of these delays, the bill will still make the Asian giant the first to pioneer this area of the growing blockchain ecosystem.
Balancer worked along with decentralized investment platform Conjunction X to deploy a decentralized exchange (DEX) that will compete within the Optimism ecosystem.
The ongoing macroeconomic events have a massive toll on the price of cryptocurrencies, and according to Arthur Hayes, there may still be more downsides to watch out for.
Chipotle is the latest addition to a growing list of restaurants that accept cryptocurrencies.
According to Harrison, Terra’s issue points to the role of exchanges in investor protection such as screening out assets that appear illegitimate or lack transparency and long-term value.