Crypto derivatives trading platform BitMEX will pay up to $100 million in penalties for a settlement it reached with the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN), the firm announced in an official blog post. On Tuesday, the CFTC received a consent order
The attacker behind the $611 million exploit on Poly Network’s protocols has expressed willingness to return the stolen funds and has so far sent back over $2.1 million. The latest development comes less than a day after blockchain security firm Slowmist claimed it had tracked down the attacker’
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The problem of a unified approach is what has for a long time prevented crypto and DeFi from taking scale as mainstream services. With countless applications existing with hardly any coherent connection in between them, lots of novice investors, even those particularly interested in the crypto market, are afraid to
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In our world today, it is simple to build wealth if you know where and how to go about it. There are different investment vehicles people can leverage to elevate themselves financially. One of these vehicles is cryptocurrency. The term crypto wealth is real, and people are breaking boundaries with
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With the increasing popularity of blockchain gaming, so many crypto-based gaming projects have been making waves in recent times. These projects want to leverage the blockchain gaming hype to promote their brand to the right audience. Today, projects like CryptoSlots have recorded and are still recording huge success in the
Senator Richard Shelby has attracted the wrath of the crypto community for blocking a bipartisan amendment to the $1.2 trillion infrastructure bill yesterday. The 87-year-old Republican from Alabama allegedly shot down the crypto amendment draft for the sake of his financial donors. As reported by BTC PEERS on Monday,
Cross-chain decentralized finance protocol Poly Network has suffered a $600 million exploit in what could go down in history as one of the biggest hacks ever. Important Notice: We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum and @0xPolygon Assets had been transferred to hacker's
Global cinema chain AMC Entertainment has disclosed its intention to start accepting Bitcoin payments by the end of the year. The entertainment conglomerate wants to adopt Bitcoin as a mode of payment, making it possible for customers to buy movie tickets with the digital asset at all its U.S.
Popular California-based crypto exchange Poloniex LLC has agreed to a cash settlement with the United States Securities and Exchange Commission (SEC) for failing to register the operations of its trading platform. According to a press release from the financial watchdog, Poloniex facilitated the transfers of digital assets without proper paperwork.
Circle, the issuers of the USDC stablecoin, has publicly declared its desire to upgrade its status to a National Bank. The global financial technology firm has submitted an application with the United States Securities and Exchange Commission (SEC) to become a full-reserve bank, a move that could see it operate
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The P2P Swap Button, the latest release from Tel Aviv-based blockchain technology developer Kirobo, claims to have solved the problem of slippage that plagues decentralized token swaps. In this article, we’ll take a look at the new solution. Background The trillion-dollar crypto market has problems that deter many prospective
The senators involved in filing crypto amendments to the infrastructure bill have finally reached a compromise. Although Senate Majority Leader Chuck Schumer blocked any further amendments to the bill, the new compromise draft could still be added to HR 3684 via a unanimous consent request. Senator Pat Toomey revealed in
Brazil’s cryptocurrency landscape is currently on the high, with traders and investors trying to make the most of the current bullish market. The ETF market of the South American nation has also seen quite an uptick in activities. Speaking of exchange-traded funds (ETFs), Hashdex Asset Management’s new Bitcoin
Israel’s intelligence agency Mossad has posted a job opening for an expert with knowledge in financial technology and digital currencies, local news outlet Ynet reported on Sunday. According to the job listing, the role of the intending candidate will include “leading, initiating, planning and accompanying systems development activities.” This
Talks to amend the controversial infrastructure bill hit a snag suggesting that the original bill could be voted as soon as Tuesday morning. The impending bill will create a huge tax burden on the entire American crypto industry as it seeks to generate $28 billion from crypto brokers, as reported
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ATRI, a token aimed at powering the future of the interactive entertainment industry, has recorded significant growth over the past month. In a bid to attract new users and lower transaction costs, the Atari Token has expanded to new decentralized exchanges (DEXs) and cross-chain networks. The native cryptocurrency of the