The U.S. Securities and Exchange Commission (SEC) on Wednesday flagged crypto-assets, information security, the private fund sector and environmental, social and governance issues among its ... ( read original story ...)
Hackers Steal Record $625 Million from Crypto Firm Axie Infinity
The theft was discovered several days later, raising questions about the vulnerabilities of decentralized finance (DeFi). ( read original story ...)
The IRS Is Coming for Your Crypto. Here’s What You Need to Know.
Mark J. Kohler is a CPA, attorney, co-host of the podcast “Refresh Your Wealth”, and a senior partner at both the law firm KKOS Lawyers and the accounting firm K&E CPAs. Kohler is also the author of ... ( read original story ...)
Ronin Network: What a $600m hack says about the state of crypto
It's bad but I have friends in a worse position." Jack Kenny is one of those friends, and said: "I'm down about $10,000." The 23-year-old from Ireland added: "I don't think people fully understand the ... ( read original story ...)
How Fonbnk App Is Using Crypto To Help People Convert Their SIM Cards To Credit Cards
The app allows its users to convert airtime to an ERC-20 (Fungible token run on Ethereum blockchain) stable coin called MIN. ( read original story ...)
Cathie Wood Watch: Ark Buys Crypto Stock, Buys and Sells EVs
Cathie Wood's Ark bought and sold shares of electric-vehicle makers and snapped up shares of two biotech companies. ( read original story ...)
A Banking Analyst Calls Crypto A Solution In Search Of A Need
A traditional crypto-based transaction can certainly carry remittance information that would be helpful in updating ERP systems, but we already have ISO 20022 which can be used to carry that ... ( read original story ...)
UK regulator extends deadline for crypto firms to make it onto a key register
A select few firms, including Revolut and Copper, will be allowed to continue trading after a temporary register closes Friday, the FCA said. ( read original story ...)
CoinDesk exec says latest crypto heist ‘one of the biggest’ in history
Pete Pachal, CoinDesk's chief of staff for the content team, weighed in on “one of the biggest hacks in crypto history” on Wednesday, ... ( read original story ...)
Popular Crypto Firm Axie Infinity Lost $625 Million in a Hack
The theft was discovered several days later, raising questions about the vulnerabilities of decentralized finance (DeFi). ( read original story ...)
Charting Crypto: Bitcoin Looks to Break Above 200-Day Moving Average
Katie Stockton of Fairlead Strategies takes us through a technical analysis of Bitcoin and Ether using some her top charts. She's on "Bloomberg Crypto" with Kailey Leinz. (Source: Bloomberg) ... ( read original story ...)
Explainer: Ronin’s $615 million crypto heist
Hackers have stolen cryptocurrency worth almost $615 million from a blockchain project linked to popular online game Axie Infinity, the latest cyberheist to hit the digital asset sector. ( read original story ...)
Crypto’s Most Powerful Regulator Is Here
State watchdogs have filled that vacuum, making Adrienne Harris, the head of the New York State Department of Financial Services, by default the most powerful crypto regulator in the country. While ... ( read original story ...)
Crypto industry dives into the midterms, raising millions to court Democrats
The crypto industry is rolling out a multimillion-dollar campaign to elect friendly candidates in the midterm elections as regulators zero in on the sector. ( read original story ...)
NVIDIA and Arm unveil AI superchip as $60bn target is set for IPO
As its Japanese parent plots a $60 billion-plus Nasdaq IPO for Arm, the Cambridge company is working with NVIDIA on a new superchip that would power-charge Artificial Intelligence and the host of ... ( read original story ...)
Bank of Japan chief plays down yen impact of bond-buying operations
Gov. Kuroda met Kishida after another morning of aggressive moves by the BOJ to keep a lid on 10-year yields that have been hovering close to the central bank’s upper limit. ( read original story ...)