Hacker exploits old Yearn Finance contract, steals $11.6 mln in stablecoins
A hacker took advantage of an old contract from Yearn Finance on Thursday to steal US$11.6 million in stablecoins.
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Musk’s Twitter partners with eToro to offer crypto and stocks to users
Twitter users will soon have access to stocks and cryptocurrency through a new partnership with eToro, a trading platform.
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Bitcoin inches up, remains above US$30,000; Ether gains after Shapella upgrade
Bitcoin and Ether rose during Asian trading hours on Thursday, along with all of the top 10 non-stablecoin cryptocurrencies by market capitalization. Ether rose the most, following the successful completion of the Shapella upgrade.
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Binance chief says unclear crypto regulation ‘the worst’
Binance CEO Changpeng Zhao said regulators need to come up with clear crypto regulations and should understand that the crypto industry is different from the traditional financial industry.
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Hong Kong’s ZA Bank starts offering crypto-fiat conversion services: Bloomberg
ZA Bank, the largest virtual bank in Hong Kong, has started offering cryptocurrency conversion services through licensed crypto exchanges.
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Bankrupt FTX recovers US$7.3 billion in assets, considers resurrection of operations
The failed FTX cryptocurrency exchange has recovered around US$7.3 billion in assets and is considering the option of restarting its business.
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Bitcoin fluctuates at US$30,000; Ether gains; Litecoin, XRP drop; U.S. equities fall on recession concern
Bitcoin dipped but held above US$30,000 in Thursday morning trading in Asia that saw mixed performances among the top 10 non-stablecoin cryptocurrencies.
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How decentralized limit orders can transform crypto trading
On-chain limit orders offer an alternative to centralized exchanges by improving transparency and security, writes Ramani Ramachandran of Dfyn. What are the drawbacks?
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G7 plans to help developing countries introduce CBDCs
Japan’s top finance diplomat, Masato Kanda, announced on Tuesday that the G7 nations will work together to help developing countries introduce CBDCs in line with international standards.
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Crypto firms hardpressed to find U.S. bank partners as industry blames ‘Operation Choke Point 2.0’
NYDFS superintendent Harris called the idea of Operation Choke Point 2.0 “ludicrous,” but industry participants largely disagree. Was the shutdown of the three largest crypto-friendly institutions a coordinated effort to unbank crypto?